Analysis: Following Iran's epic "enhancement" of Bitcoin, it is expected to receive 4,000 BTC during the ceasefire.

On April 8, Iran strongly endorsed Bitcoin through the Strait of Hormuz, demanding that shipping companies pay a Bitcoin toll for oil tankers passing through the strait during a two-week ceasefire. The toll would be $1 per barrel of oil, while empty tankers would pass free of charge. "Once the email arrives and Iran completes its assessment, ships will have a few seconds to pay in Bitcoin, ensuring that the money cannot be tracked or confiscated due to sanctions."

According to authoritative estimates from the International Energy Agency (IEA), if the flow of crude oil and petroleum products through the Hormuz River were to return to normal during the ceasefire, approximately 20 million barrels of crude oil and petroleum products would pass through daily. Iran would receive $20 million worth of Bitcoin in return, and an estimated $280 million worth of Bitcoin during the two-week ceasefire, equivalent to approximately 4,000 Bitcoins at current prices.

Note from BlockBeats: This analysis is based on theoretical calculations and normal weekday traffic. Actual traffic may vary due to factors such as toll-free empty tankers, implementation status, or significant drops in traffic caused by current geopolitical factors. Furthermore, the implementation status of the Bitcoin toll scheme remains to be seen.