this post was submitted on 09 Apr 2026
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Iran Demands Bitcoin For Ships Passing Hormuz During Ceasefire (slashdot.org)
submitted 4 months ago* (last edited 4 months ago) by technocrit@lemmy.dbzer0.com to c/technology@lemmy.world
4 comments fedilink hide all child comments
 

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.

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[–] commander@lemmy.world 0 points 4 months ago (1 children)

I'd absolutely use crypto if it was more available in anything I'd want to pay for. So far it's mostly just VPNs and donations

[–] HertzDentalBar@lemmy.blahaj.zone 0 points 4 months ago (1 children)

People tried that, it failed. It's too volatile.

It's basically a way for people to think they are being sneaky and shit when it's all trackable anyways.

[–] p4rzivalrp2@piefed.social 0 points 4 months ago (1 children)

Is it though? Obviously bitcoin, eth, etc. Arent, but xmr and zec would be, no?

[–] shortwavesurfer@lemmy.zip 0 points 4 months ago

Correct. Monero would be untraceable.