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271

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

submitted 16 hours ago* (last edited 16 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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[–] shortwavesurfer@lemmy.zip 21 points 9 hours ago (1 children)

Honestly, the biggest mistake they've made here is that they're not demanding Monero instead.

[–] NotMyOldRedditName@lemmy.world 9 points 7 hours ago* (last edited 7 hours ago) (1 children)

It's easier for people to get Bitcoin, Iran could deal with the cleaning / mixing themselves after. This is already going to create friction so keeping it lower might help?

[–] shortwavesurfer@lemmy.zip 9 points 7 hours ago

Oh, if they demanded Monero, people would figure out how to get it.