🚨 Honestly..… This news seems small, but the story behind it is much bigger.
Iran is now talking about accepting $BTC payments for Strait of Hormuz transit through their new maritime insurance platform “Hormuz Safe”. The most interesting thing is - the entire system here is bypassing SWIFT. That means trying to make international payment setlements without the traditional banking system. Just think….. If Bitcoin payments start in one of the world’s most important oil routes, then it’s not just crypto news, it could also be a narrative change in global finance.
Iran is reportedly projecting $10B+ revenue from this platform. Now it remains to be seen….. whether other countries will also gradually move towards alternative payment systems👀