Iran just showed the world why Bitcoin is the hardest money.
A student wakes up in Tehran and the phone is dead. Not “slow.” Dead. Iran is in a near-total internet blackout connectivity reported around 4% of normal. (The Washington Post)
The next problem isn’t politics. It’s money.
If the internet is off, payments don’t clear. If protests spread, accounts get watched. If the state feels threatened, banks become a control surface. And if the currency is melting, your savings bleed while you’re trying to stay safe. In late January the rial hit a record low around 1,500,000 per dollar. (Al Jazeera)
This is the war lesson: in conflict, money stops being neutral. The rails become permissioned. Access becomes conditional.
Bitcoin wins here for one simple reason: it’s bearer money.
Not “a bank account.” Not “a promise.” An asset you can hold yourself, move without asking, and take across borders in your head. It doesn’t fix war. But it does remove a key weapon: the ability to trap people inside a broken currency and a controlled banking system.
The best money is the money that still works when institutions don’t.
21 million units. No CEO. No freeze function. No hotline.
This is the ad Bitcoin never had to buy. Price doesn’t reflect it yet.
It will.
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@PeterSchiff@DilSeCrypto1@saylor Fifteen years, multiple cycles, still the best-performing asset class. Find a better investment in the same time frame, Petey.
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@0xEthan You're 23, you've got a lot to learn about life. The streets are clean because after the 2am curfew is enforced, truckloads of camp workers are brought in from horrible work camps in the desert to clean everything. You're still in the Kool-Aid phase. It will wear off.