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deltoidmaximustoday at 3:05 PM5 repliesview on HN

As bitcoin is quite traceable I don't see how this works if you're trying to avoid sanctions. For Iran it probably doesn't matter but for the vessel owners it probably does.


Replies

iugtmkbdfil834today at 3:11 PM

Yes, from sanctions perspective, the vessel owners seem to have more exposure than Iran -- as crazy as it sounds on the surface.

tomasphantoday at 3:11 PM

Business idea - Iran Bitcoin fee intermediary. Realistically the CIA will handle this for US companies and maybe allies until they figure something out.

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palatatoday at 3:11 PM

Agreed, but I wonder it if matters in practice. It's not like one can boycott bitcoins by serial number or something, is it?

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dist-epochtoday at 4:44 PM

One of Iran's demand for a peace agreement is the removal of all sanctions.

insane_dreamertoday at 3:56 PM

the issue is the US' ability to freeze USD bank accounts on its soil or pressuring other banks to do the same