> Funding "rogue states" such as North Korea and Iran Not a big fan of crypto, but this is one of the less convincing arguments against it—as the current situa

> Funding "rogue states" such as North Korea and Iran Not a big fan of crypto, but this is one of the less convincing arguments against it—as the current situation where the US more or less gets to decide who are the rogue states, because of the global financial system’s dependency on the US dollar, doesn’t seem all that great. For example, the US have ruled: “Saudi Arabia good, Iran bad” for a long time now. Since the signing of the nuclear treaty with Iran, the EU had been trying to normalise trade relations, but this has proven exceedingly complicated since the US pulled out, since most financial transactions at some point pass through a US based financial institution that are beholden to sanctions towards Iran. I don’t think crypto is the ideal answer for this problem, I would prefer a financial system that can deal with multiple fiat currencies and has less reliance on the USD, but that won’t happen overnight. cf https://www.reuters.com/article/us-eu-finance-idUSKBN29O1ZI https://www.reuters.com/article/us-eu-finance-idUSKBN29O1ZI