Let's say Iran really charges 20 btc per ship crossing through the strait, is it going to significantly impact the price of oil?And how is it going to impact the price of btc?
>>62104761>Let's say Iran really charges 20 btc per ship crossing through the strait, is it going to significantly impact the price of oil?no. Suez Canal charges 300k already.
>>62104761>how is it going to impact the price of btc?Importers will be forced to hold Bitcoin to pay the toll and Iran will build a reserve, both will drive the price up.
>>62104774What if Iran sells to make more missiles and drones?
only 450 btc are mined every day. Google says more than 100 ships used to pass the strait before the war.So it would be significant for bitcoin
>>62104761did you just pull the number 20 out of your ass or did i miss something
>>62104774neither party will hold btc. its too volatile.
>>62104786Iran said they would charge 2 million usd per ship, and then they said they would ask for btc. I figured 20 btc if the price of btc is around 100kSo it's somewhat pulled out of my ass but not entirely
>>62104786it will be a dollar amount not a btc amount. >>62104783if crypto eschanges didnt exist
>>62104761>Let's say Iran really charges 20 btc per shipBut they're not.
>>62104796they charge 26BTC on averageit depends on the size of the tanker
>>62104786>>62104795it's measured in dollarspaid in bitcoin
>>62104781They're already mining Bitcoin, as well. Spending some doesn't mean the don't continue to accumulate. >>62104791It gets less and less volatile over time, and the threat of volatility will make them buy dips and hold. You're working with old narratives and don't understand how this works.
>>62104791Doesn't the US have a btc reserve?
>>62104806>It gets less and less volatile over timethat is a very cool story. today btc is far more volatile than USD, Euro, Pound, Yuan, etc. >You're working with old narrativesim not.
>>62104838You're wrong, and I hope that you remember this conversation when BTC is back over $100K.
>>62104807>These US holdings primarily originate from law enforcement seizures related to criminal activities (like the Silk Road and Bitfinex cases) rather than direct purchaseslol yeah they should be sold too
>>62104850Are you smarter than the big boys of the US governement?
have fun being poor bro!
>>62104860yes
>>62104868Oh... OkThat was a rethorical question, I didn't expect this answer, I guess I will sell my bitcoinI hope you know what you are doing
>>62104800Really? Isn't it 2 million usd per ship?
>>62105003see: >>62104801
>>62104846I hope you remember this conversation when BTC hits $30k during an energy crisis and mini death spiral
>>62106026I hope all jews die
Nothing is going to happen. The US will now blockade the strait. Are you tired of winning yet?
