2012-11-30 Quartz - Why virtual currency Bitcoin can't save the Iranian economy

[thoughtfan]

http://qz.com/32889/why-virtual-currency-bitcoin-cant-save-the-iranian-economy/

A follow-on from the Bloomberg Business Week article discussed https://bitcointalk.org/index.php?topic=128473.0

Very useful—if you can use it. But that’s easier said than done for Iranians. As this report from Forbes outlines, software downloaded from US sites is subject to US export controls, and software that uses the kind of encryption Bitcoin does is banned from export to countries covered by sanctions. There are ways to get around the blockage, but you have to be pretty technically savvy

[kiba]

Duplicate.

[thoughtfan]

apologies - mods, would you remove thread please?

[jl2035]

Duplicate.

There can be another cryptocurrency ... irancoins...