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RE: Iran removed from SWIFT network, will they switch to crypto?

in #crypto6 years ago

On one hand, it would be good for BTC for both immediate buying pressure and also some real adoption. On the other hand, I worry that will turn US regulators more fiercely against it and encourage harsh actions against crypto.

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That is a good point. I am sure they know this is possible, but yes once they start seeing some of countries with sanctions on them skirt them via bitcoin... bitcoin will probably be in the cross-hairs.