FIDELITY: IRAN USING BITCOIN FOR STRAIT OF HORMUZ PAYMENTS IS A SIGN THE WORLD IS MOVING AWAY FROM THE DOLLAR SYSTEM In its latest report, Fidelity Digital Assets pointed to Iran accepting Bitcoin-linked payments tied to activity in the Strait of Hormuz as evidence that alternative settlement systems are beginning to emerge globally. The report says the trend, combined with aggressive central bank gold accumulation, supports the thesis of a gradual shift away from traditional dollar-based financial rails. image

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The communist Iranian government has no leverage. The US military controls the stright, so they ain't gonna get any Bitcoin.