I have read many comments that the regime wants to money launder the inflow. Bitcoin would be rather inconvenient for that.
I suspect that letting Iran charge a toll is damaging to US freedom of the seas hegemony but it would be more damaging to open the strait by force because US ships would probably take damage.
They'd lose the air of invincibility. They'd rather not put them in any position to jeopardize that.
Maybe Trump should bomb them some more?
What Iran has learned from this is they don’t need sympathy, they need to exercise the leverage they do have, and there’s no way they’re ever going to willingly give that leverage up - they’ve seen what would happen.
Geopolitics understands one language alone.
If the USA is going to be bombing every country which doesn't give up their sovereignty and bend the knee to the don, then the USA is going to need more bombs.
The fact that many states are now using it for funding purposes to get around the banking system further adds proof to bitcoin's potential origin.
Also, it doesn't help that Satoshi Nakamoto means basically central intelligence in Japanese...
I'm not saying Bitcoin was created by the government, but if it was there are signs...
They could also make it illegal for any US financial institution to do business with any financial institution that interacts with crypto.
They could probably also make it a crime to buy/sell crypto in America.
If the Dems don't win the Senate, nothing will change until maybe February 2029 but pretty sure the same people that gave him this power of insanity are just going to vote for the next nightmare, there's no lesson learned, not even with $5 gas and $6 diesel
I don't even think a full blown recession would change anything
And now they are bringing the warships back to Cuba so get ready for next distraction from this distraction from the other distraction while they crime-spree away
Whatever is going to happen over the next 24 months is already in motion. All we can do now is prepare. And maybe get a little less squeamish.
The baffling part of this is that nearly everyone was aware that Iran could close the straight if pressed hard enough. The fact that this outcome is surprising represents a very loud and public failure on the administration's part.
Also the Strait of Hormuz is an international strait not international waters. The entire strait lies within Iranian and Omani waters. Frankly it's a bit absurd to complain that your ships can't transit a country's waters while you bomb them.