Topic: Iranian citizens are using Bitcoins to dodge sanctions by Trump’s administration (Read 131 times)

Several countries were recently placed under a wave of economic sanctions by Trump’s administration. The most notable on this list has been Iran. It has been reported that Iranian citizens are using Bitcoins to dodge the sanctions


"Several countries were recently placed under a wave of economic sanctions from the United States and Trump’s administration. The most notable on this list has been Iran. Now, you may be well aware that the US and Iran have had a rough history in regards to the accumulation of resources needed for atomic weapons which have also added an element of international global concern.

But as further reports of Iran citizens using Bitcoins to dodge such obstacles surface, Europe has had its say and proposed an alternative.

European Action

One of the toughest subjects that Trump’s America is almost definitely be related to the nuclear deal with Iran. as reported by BTC Manager, “in 2015, the Middle Eastern country agreed to put a cap on any nuclear-related activity, as well as allow third-party inspections to verify their commitments. This has meant putting a limit on Iran’s uranium stockpile, an element used for both reactor fuel and nuclear weapons.”

On the opposite side to this, the US has also placed strict economic sanctions on who is able to do business with the nation. The history of both the nuclear deal and these sanctions has surely got to be connected"

The full article https://cryptodaily.co.uk/2019/07/the-eus-answer-to-us-sanctions-in-iran


This was originally announced regarding Iran 2 days ago after the recent Trump Bitcoin tweet. And, in my opinion, was the real reason for Trump bashing Bitcoin and other cryptocurrencies.

What do you think?