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Has Bitcoin just become the new world currency?
I don't ask this question out of nowhere, but because the most important news this morning is that the Strait of Hormuz only accepts Bitcoin.
This is not a science fiction story.
This is what is happening today, now, in the narrowest maritime passage in the world.
During the ceasefire announced by Iran with the United States, Tehran informed shipping companies of one non-negotiable condition:
Any oil tanker wanting to pass through the Strait of Hormuz must pay one dollar for every barrel of oil on board.
But the payment? Bitcoin only. And in seconds.
The fully loaded giant tanker could face a bill of up to two million dollars — paid digitally, without a bank, without an intermediary, and without a trace.
Empty tankers pass for free.
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Why Bitcoin specifically?
The reason is simple and profound at the same time.
Western sanctions have made the dollar a weapon.
Any dollar transfer can be traced, frozen, and confiscated in seconds.
Chinese transfers in yuan are an alternative, but they go through banks with accounts in the West.
Bitcoin?
No central bank can stop it.
No government can freeze it.
No sanctions can eliminate it.
#GateLaunchesPreIPOS