Trump started a war to protect the dollar. But it backfired in the worst way possible. Iran is now using Bitcoin, the very asset Trump promoted, to destroy the dollar’s grip on global energy. Iran is charging 1 dollar in Bitcoin per barrel of oil that flows through the Strait of Hormuz. That’s over 300 Bitcoin every single day. Trump tried cutting Iran off from global payments. SWIFT, correspondent banking, dollar clearing, all of it locked down. But Iran found a way around every single layer: pay us in Bitcoin or the oil doesn’t move.
