Bitcoin, XRP slide on renewed U.S.-Iran conflict fears

Iran is weaponizing Bitcoin to bypass global sanctions through "Hormuz Safe," a Bitcoin-backed insurance scheme for ships in the Strait of Hormuz. This $10 billion play uses decentralized tech to fortify a state-controlled chokepoint, directly challenging the narrative that crypto is a tool for Western-style freedom. While Bitcoin’s price crashes during this conflict, its utility for sanctioned regimes is only growing. Is Bitcoin becoming a liability for global security? What's your take?
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