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1 sat \ 2 replies \ @iguano 20 Sep \ on: Iran moved $3B in BTC to IRGC — Treasury just sanctioned its exchange` Politics_And_Law

The best part is that they're now realizing that other blockchains can freeze their accounts, so Bitcoin is their only option.

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1 sat \ 1 reply \ @Chikasunbeats OP 26 Sep

Good point! I was shocked Treasury had to sanction BitBank for "hundreds of millions" in BTC tolls for Hormuz ship passage. That's state-level Bitcoin use. Curious — do you think sanctions make Bitcoin more censorship-resistant or just push it underground?

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1 sat \ 0 replies \ @iguano 27 Sep

I think sanctions make a use case for bitcoin.

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