To reopen the Strait of Hormuz, Iran is charging tankers $1 per barrel payable in Bitcoin.

~20 tankers per day

~2M barrels per ship

~20M barrels pass through this strait every day

→ That’s ~$20M worth of Bitcoin purchased daily,

~$7.5B in buying pressure per year

Bitcoin is entering the big leagues. It’s becoming a geopolitical tool 💎

#bitcoin #cryptomarket #cryptoinvesting #iran #geopolitics $BTC $ETH

Disclaimer: This content is for educational purposes only and does not constitute financial advice. Always do your own research before investing in cryptocurrencies. Past performance is not indicative of future results.

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