Damus
mike profile picture
mike
@mike
Iran charges $2M in Bitcoin per ship to cross Hormuz

At $72,000 per $BTC, each ship = 27.7 BTC

~130 ships cross daily

For context:

Miners produce 450 $BTC/day
Iran earns 3,601 $BTC/day

That's 8x the entire daily mining supply
332❤️13🍿1👀1🤙1🧡1
SATSMAN · 1w
🧡🫡
falsefaucet · 1w
the report claims, its 1$ per barrel on board. if empty no payment required. so not all ships paying fee
Dug · 1w
Ngl, if the bitcoin guy in Iran’s government gets his way, this could be awesome. Although the whole war is fuck stupid. 🫡🙌
franzap · 1w
Have they actually received bitcoin or its pure speculation?
𝕞ptf · 1w
That will give Saylor some new stacking ideas
Eluc · 1w
Is anyone paying them ? Are Chinese paying BTC ? I read in one of your screenshot that CNY are accepted too. My guess is that CNY will be the préférée option for most Asia and Russia.
johnny · 1w
Pura paja
.env · 1w
To charge doesn't necessarily mean to get paid 😜
Just A Pleb · 1w
Are they actually accepting Bitcoin?
Kush · 1w
That’s propa stacking. Saylor watch out… the Irans’ are about
youngMoney · 1w
Per what I’ve read, they don’t care what crypto is used, doesnt have to to be bitcoin