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Iran Demands Bitcoin For Ships Passing Hormuz During Ceasefire (slashdot.org)

submitted 2 days ago* (last edited 2 days ago) by technocrit@lemmy.dbzer0.com to c/technology@lemmy.world

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He said that the tariff is $1 per barrel of oil, adding that empty tankers can pass freely. "Once the email arrives and Iran completes its assessment, vessels are given a few seconds to pay in Bitcoin, ensuring they can't be traced or confiscated due to sanctions," Hosseini added.

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[–] db2@lemmy.world 61 points 1 day ago (2 children)

Reminder that bitcoin is not now nor has it ever been anonymous.

[–] redsand@infosec.pub 11 points 19 hours ago (1 children)

Doesn't need to be it's just irreversible. That's why north korean randsomeware has worked forever.

[–] db2@lemmy.world 3 points 15 hours ago

It wouldn't have anything to do with tracing transactions to North Korea being pointless and unactionable I'm sure.

[–] Skankhunt420@sh.itjust.works 15 points 1 day ago

Neither is a bank account though either. And one is sanction proof, the other isn't.