The threats of the American president against Iran led the Iranians to try to find a way around the sanctions that have been imposed on them over the past decade. With inflation constantly rising, encryption is growing in Iran, as citizens lose confidence in the national currency.
Last week's negotiation on the LocalBitcoins platform saw 45 billion Iranian Rials (worth 1.35 million. Dollars).
The likelihood of armed conflict against the world's most powerful nation in the near future, experts say people are trying to store their income in safer "shelters".
Despite the volatility of cryptography, Bitcoin is considered even more credible than the Rial. Inflation in Iran exceeded 50% last month, further increasing food and fuel prices.
Experts also claim that uncertain geopolitical conditions, such as the frightening prospect of an imminent war, discourage investors from domestic currency and instead send them to safer assets.
While gold and silver constituted the preferred safe haven, Bitcoin was the clear choice for Iranians in modern times.
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