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.
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.
Reminder that bitcoin is not now nor has it ever been anonymous.
Doesn’t need to be it’s just irreversible. That’s why north korean randsomeware has worked forever.
It wouldn’t have anything to do with tracing transactions to North Korea being pointless and unactionable I’m sure.
Neither is a bank account though either. And one is sanction proof, the other isn’t.
It also means that if there’s a secondary deal trump’s Bitcoin account get it’s cut right after Iran takes theirs