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I do wonder at what point this gets serious and starts interacting with OFAC; if it really worked as uncensorable finance, we'd have seen a tanker of Iranian oil sold for bitcoin. Doesn't quite seem to have reached that scale yet. I suspect a lot of nonsense is tolerated by the US authorities because it's enabling Chinese nationals to evade China's export controls, though.


Isn't even better than that? They'd have anonymous internet cash to use to bribe foreign officials at a time when many nations have been tightening the noose around finance and what an individual is allowed to own.




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