28 Mar '17, 11pm

Bitcoin Helps People Circumvent Economic Sanctions in Iran

Over the past few years, people have stated they believe Iran is the perfect candidate for embracing bitcoin’s censorship resistant utility. The logic behind this is largely due to the U.S. sanctions against Iran, which strictly enforces economic embargos and trading bans against the country. Many other countries also follow the sanctions as the U.S. and the United Nations Security Council has put a lot of pressure on allies to support the trade guidelines.

Full article: https://news.bitcoin.com/bitcoin-circumvent-economic-sanc...

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