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272

Iran Demands Bitcoin For Ships Passing Hormuz During Ceasefire (slashdot.org)

submitted 17 hours ago* (last edited 17 hours ago) by technocrit@lemmy.dbzer0.com to c/technology@lemmy.world

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He said that the tariff is $1 per barrel of oil, adding that empty tankers can pass freely. "Once the email arrives and Iran completes its assessment, vessels are given a few seconds to pay in Bitcoin, ensuring they can't be traced or confiscated due to sanctions," Hosseini added.

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[–] yesman@lemmy.world 35 points 12 hours ago (2 children)

Bitcoin is for dodging sanctions and the influence America has over the international banking and payment systems. It's also may shield third parties from sanctions the US may impose on those who transact with Iran.

[–] db2@lemmy.world 27 points 11 hours ago

Reminder that bitcoin is not now nor has it ever been anonymous.

[–] urushitan@kakera.kintsugi.moe 10 points 12 hours ago

It also means that if there's a secondary deal trump's Bitcoin account get it's cut right after Iran takes theirs