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> The agency didn't specify which cryptocurrency was used in the transaction. Interesting So this is a non-story so far (even with the backstory of Iran doing
by raverbashing 4y ago
> The agency didn't specify which cryptocurrency was used in the transaction.
Interesting
So this is a non-story so far (even with the backstory of Iran doing bitcoin mining - there are pros and cons of using it, though of course it is the most likely answer)
To pay with crypto you first need to acquire it (multiple ways to do it - including not so legal ones, though I'm not saying which way might have been)
- doctorzook 4y ago> Last year, a study found that 4.5% of all bitcoin mining was taking place in Iran... So there is that. But the story ultimately looks entirely based on a tweet [1] from an official that Google translates as: > This week, the first official import order registration with #currency_currency worth 10 million dollars was successfully completed. By the end of September, the use of cryptocurrencies and smart contracts will be widespread in foreign trade with target countries. So I agree that the story is pretty thin. [1] https://twitter.com/peymanpak_ir/status/1556927239907835904 https://twitter.com/peymanpak_ir/status/1556927239907835904
- mahdi7d1 4y agoHere mining's legality is still unclear. A lot of individuals mine bitcoin but illegally not because mining per say is illegal but because for example they mine in their farms using the cheap electricity that is being given to them for the purpose of producing crops and when government finds them I assume also takes the bitcoin they have mined.