Bitcoin allows Iranians to store their wealth digitally where the currency police can’t seize it, and most importantly it allows them, at the individual level, to skirt US sanctions and maintain an economic connection to the outside world. When US sanction against Iraq killed an estimated 1 million innocent civilians in the 90s it’s easy to see how important that is.
French economist Frederic Bastiat once said, “If goods don t cross borders, armies will.” I suggest that when States can no longer prevent goods from crossing borders, armies won’t.
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Is there anyway that the US
dumthumbs 27 weeks 4 days 11 hours 40 min ago
Is there anyway that the US government could go after bit coin users claiming that they violated a sanction?
Sure, if you publicize your
freeman 27 weeks 2 days 20 hours 51 min ago
Sure, if you publicize your bitcoin address and send money from that address. Otherwise, it is difficult to figure out which bitcoin address belongs to who.