Oct 10, 2026 1:09 PM

Iran is weaponizing Bitcoin to hijack the global economy, demanding crypto payments for every barrel of oil passing through the Strait of Hormuz. While this blockade has spiked oil to $90, the U.S. Treasury claims it will seize $1 billion in Iranian crypto this week to break their grip. If the government can truly track and confiscate decentralized assets at this scale, does Bitcoin’s promise of anonymity and sovereignty even exist anymore? Or is this just a bluff?
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