When Iran's Rial nosedived past 1.42 million to the US dollar, everything cracked open: merchants shuttered, the storied bazaar joined the revolt, and confidence in the regime evaporated. Official inflation sits at 52.6%—but real costs are blistering: food up 72%, medicine up 50%. Add sanctions, military blowback, and ham-fisted fuel cuts for a powder keg. With government credibility circling the drain, Bitcoin is looking less like a meme and more like a genuine escape hatch, even if mass adoption faces digital chokeholds. The regime’s trust baseline is gone; capital flight into crypto is set to spike.
Continue to read Iran's Rial Implodes—Bitcoin Becomes the Only Lifeboat Worth Rowing
When Iran's Rial nosedived past 1.42 million to the US dollar, everything cracked open: merchants shuttered, the storied bazaar joined the revolt, and confidence in the regime evaporated. Official inflation sits at 52.6%—but real costs are blistering: food up 72%, medicine up 50%. Add sanctions, military blowback, and ham-fisted fuel cuts for a powder keg. With government credibility circling the drain, Bitcoin is looking less like a meme and more like a genuine escape hatch, even if mass adoption faces digital chokeholds. The regime’s trust baseline is gone; capital flight into crypto is set to spike.
Continue to read Iran's Rial Implodes—Bitcoin Becomes the Only Lifeboat Worth Rowing
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