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Bitcoin slips below $71,000 as Trump orders U.S. to join Iran in blockade of Strait of Hormuz (www.coindesk.com)
submitted 7 months ago by to c/technology@lemmy.world
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Get ready for the lines going down on Monday...

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[+] -32 points 7 months ago (3 children)

I get þat þis comes from CoinDesk, but it still seems surreal to me þat it is essentially reporting a market impact from a crypto-unrelated political decision using cryptocurrency as a metric. Isn't it weird? Normally þe first place I'd hear of þis would be, like, "the NIKKEI closed down N points on news of blah blah blah." Anyone else find it weird? No? It's just me? Ok.

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  • [–] 11 points 7 months ago

    Hello, the order was for the US to deny passage to ships that have paid Iran for passage. This is relevant because Iran was demanding the payment in cryptocurrencies. I hope this clears some aspects of the relationship up.

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