Merely 5 years ago, this was almost impossible.
Iran is confirmed to be receiving Bitcoin payments for allowing ships to pass through the Straits of Hormuz, with roughly 280 Bitcoins per day. Bitcoin was intended to bypass centralization, and since all countries are treated as equal in foreign diplomacy (at least in principle), we can count this as adoption.
This adoption story continues with China, which has been using BTC to pay Iran, despite Iran accepting the Yuan as payment.
We already know Russia mines Bitcoin to pay for international trade.
Source: https://x.com/dhirendracd/status/2042553235727356035
We Saw Countries Adopting Bitcoin Before GTA 6
byu/tractorix inCryptoCurrency
Posted by tractorix
2 Comments
why all the countries adopting BTC are the evil or failing?
Iran is a Islamic Dictatorship, and that fact that they are using Bitcoin proves that today, digital assets are used mostly for illegal staff.
I don’t think they adopted bitcoin, they just accept payments. It just shows that the killer app for crypto is money laundering and regulatory evasion. It is an important use case.