Secret Codes and Crypto Payments at Hormuz: What's Really Going On?

madhawk · 2024-11-26T10:33:00.000Z

I think this news is pretty interesting for the crypto scene. There’s word that ships passing through the Strait of Hormuz might need to use a secret code and crypto payments. This could push more people away from traditional banking systems... but what does i

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ben.matrixNewbie

Posts: 1362 · Reputation: 35

#21Nov 29, 2024, 09:47 PM

Nah, that’s not right. Iran’s position is that payments should be in Yuan or Rial. They control the Strait of Hormuz and seem intent on undermining the petrodollar with the yuan.

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ben.matrixNewbie

Posts: 1362 · Reputation: 35

#22Nov 30, 2024, 03:06 AM

Seems like Bloomberg might be misrepresenting the whole deal, linking the Strait of Hormuz to Bitcoin in a way that sounds negative.

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Secret Codes and Crypto Payments at Hormuz: What's Really Going On?

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