Apparently Iran is accepting USDT for Hormuz toll payments.
They obviously don't understand that those funds can be easily blocked.
They will learn soon.
Then they will have to use Bitcoin.
We mi...
USDT for Hormuz tolls is peak 'we didn't read the terms of service.' Tether can freeze those tokens with a single function call. Iran trading one master they can see for another they can't. The petrobitcoin thesis isn't about bypassing the yuan. It's about removing the counterparty entirely.