According to me the driving force behind the rise of bitcoin has been sanctioned countries like Iran N Korea and Russia using Bitcoin for cross border flows instead if USD. If regime change happens in Iran the need for BTC in Iran will go away as sanctions are lifted. what will be the effect on BTC price? Discuss

    Iran and bitcoin
    byu/Autobot1979 inwallstreetbets



    Posted by Autobot1979

    8 Comments

    1. IsThisNameTeken on

      “As sanctions are lifted” I wouldn’t bet on this.
      This will be a crippling of their offensive capabilities and then left to sit there like Cuba.

      It’s basically confirmed regime change isn’t a goal, but a hopeful side effect or just good manufactured consent.

    2. Large_War779 on

      No one knows what is happening. Even gold and silver are falling. Currently everything is volatile.

    3. arctics_seagull on

      would you let go productive habits? probably not.. hence the sanctions too..

    4. “according to me” has to be the most honest DD I’ve ever seen on this sub. Congrats truly one of us. 

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