US senators warn on Iran Bitcoin mining industry

[Slow death]

Exactly as you're trying to put it OP. The US Senate is once again pushing the "iran and muslim country = evil" narrative to mobilize their forces and perhaps annex the country to gain access to their riches. Now they are trying to appeal to the general mass of the people who are afraid of bitcoin and crypto. Looping bitcoin with terrorism and all that shit when money does the very same thing but worse.

In the article you posted, they don't say anything about recommending banning bitcoin, they're just talking about how Iran is doing to evade sanctions, and this is something normal for politicians and governments to be concerned about, because when you make laws, there are that will be fulfilled, the US government is a democratic country that respects the rights of its citizens, unlike Iran, when you talk about how the US government is trying to create a narrative that Iran and Muslim countries are equal to bad countries, This is not true, in my country for example there are many Muslim people who are good people, but we need to recognize that the Iranian government does bad things, they are a bad government and that the United States needs to be on alert when it comes to government of Iran and not the people of Iran who I believe have good people in Iran

although the government of Iran is brainwashing its people. If the US government hated Muslims as you make it out to be, then the US government would not accept any Muslims in the US. Many times people in the bitcoin community tend to completely distort the intentions of governments to make it seem like governments are going after bitcoin, that they are going to ban bitcoin, all fantasy in some people's heads. the moment bitcoin got here, and because US governments, regardless of political party, have no intention of prohibiting or banning bitcoin. But it is important for governments to always be on alert when it comes to the government of Iran

[Faisal2202]

When a political party leader or an influencer makes such theories, they are mainly to get the attention of people like them. This means the real and relevant audience when finding out that they have an influencer who is opposing Iran, even using BTC, they will support her or him. That's a political move no one can object to even if it's biased. Why these US leaders don't want other countries to grow themselves? I mean, if they have some solid proof to claim this allegation 100% right then there are officials' ways to deal with such cases.

While she is publicating it to gain attraction. I have read a lot about this lady before on this forum she is not very much not welcomed (haha). Why she not make such theories for his own country? I am no expert here that's why asking what could be the reason. Its not that they can't control what's happening in Iran. While I think they can then what other reason behind it.

[headingnorth]

The funny thing is Warren probably accepted political campaign money, aka bribe money from none other than Sam Banker-Fraud. She is a total crook.

[The Cryptovator]

Why are all the Warrens anti-Bitcoin? And does Iran really care about US warnings? Even they don't care about sanctions from the US, and they won't prevent Iran's crypto miners. If Iran wants to help Hamas, they could do it in many ways. It isn't necessary that they use Bitcoin. They sanction Iran but can't prevent using Bitcoin anyway. This is all stupid thinking; it's Iran's business how they will handle their bitcoin. Why does the US always have to interfere with the policies of other countries?

[legiteum]

She's saying that the US should do more mining instead of Iran. Why is that a bad thing? She's certainly not anti-Bitcoin by saying this. In fact, she may will be boosting the US domestic mining industry by saying this.

But I guess that doesn't line up with how Fox News is spinning it? Maybe that's the problem?

This is yet another example of how you can shoot yourself in the foot by getting business advice from... partisans. Republicans just want to win the election in November and are going to say whatever they need to say in order to do that. They don't care about your Bitcoin portfolio.

Bitcoin went up 500% under President Joe Biden. If all you care about is Bitcoin going up in price, vote for Biden and the Democrats.

[Wind_FURY]

It went on to say that “Iranian cryptominers are required to sell the crypto they produce to the Iranian central bank, which in turn uses the crypto to pay for imports and exports.”

Iran illustrating Bitcoin's main value-propositions, censorship-resistance and permissionless-ness.

What the "letter" failed to suggest is that because of those sanctions on Iran's Oil exports, Iran started to use their Oil to produce Bitcoin then export that, something very portable and impossible to stop.

Political strongholds are being weakened, and sooner or later, they will be broken through Bitcoin. But there are people who already imagined this possibility.

[legiteum]

It went on to say that “Iranian cryptominers are required to sell the crypto they produce to the Iranian central bank, which in turn uses the crypto to pay for imports and exports.”

Iran illustrating Bitcoin's main value-propositions, censorship-resistance and permissionless-ness.

What the "letter" failed to suggest is that because of those sanctions on Iran's Oil exports, Iran started to use their Oil to produce Bitcoin then export that, something very portable and impossible to stop.

Political strongholds are being weakened, and sooner or later, they will be broken through Bitcoin. But there are people who already imagined this possibility.

Iran, and the crackdown on Iran's Bitcoin trading, is in fact demonstrating the opposite: governments ultimately control what people do, and how they transact. The only way to fight a democratically elected government is to vote. The only way to fight a dictatorship is to overthrow them. Us techies don't like to hear this because we work hard to create easy solutions to hard problems, but this is the reality with governments.

[spectre71]

Dear Elizabeth Warren,

Please explain the 1.7 billion dollars cash Barack Hussein Obama sent the Iranian Mullahs.

Thank you,

The American people.

[Wind_FURY]

It went on to say that “Iranian cryptominers are required to sell the crypto they produce to the Iranian central bank, which in turn uses the crypto to pay for imports and exports.”

Iran illustrating Bitcoin's main value-propositions, censorship-resistance and permissionless-ness.

What the "letter" failed to suggest is that because of those sanctions on Iran's Oil exports, Iran started to use their Oil to produce Bitcoin then export that, something very portable and impossible to stop.

Political strongholds are being weakened, and sooner or later, they will be broken through Bitcoin. But there are people who already imagined this possibility.

Iran, and the crackdown on Iran's Bitcoin trading, is in fact demonstrating the opposite: governments ultimately control what people do, and how they transact. The only way to fight a democratically elected government is to vote. The only way to fight a dictatorship is to overthrow them. Us techies don't like to hear this because we work hard to create easy solutions to hard problems, but this is the reality with governments.

Get the context of the post. The political stronghold being weakened is the United States. They sanction a weaker/smaller country? OK, the smaller country shall use the technology openly available and make a market side by side with the markets that they're not allowed to enter - Simply Bitcoin, ser.

Plus they say that Iran uses the Bitcoin they mine for "imports and exports"? Imports and exports of what, and who are their trading partners? Russia?

[peter0425]

The USA wants to gain control of everything. At first, they were saying that Bitcoin is not money, but then they started to care as it got adopted over time. The USA, as a country, doesn't accept Bitcoin, the USA hasn't also invented Bitcoin and what rights do they have to warn someone about the Bitcoin mining industry? If anyone has any right to warn someone, it's probably Satoshi but it's not even him because Bitcoin was created with the aim to be decentralized, with no central power.
They are basically telling Iran that Bitcoin mining lessens the effect of economic sanctions and they should stop it to suffer from economic sanctions. That doesn't make any sense to me. How can I tell someone to stop doing something that's not my job or my invention? Haha.

It’s basically unsolicited advice given by the US. You are right when you said that US wants to take control of everything. They take their inventions and discoveries really seriously and they take great pride in it.

Maybe they are feeling a little regretful that it wasn’t them who had thought of making a digital currency such as bitcoin or maybe they are finally realizing the power that bitcoin holds and anyone who does has. Bitcoin definitely will have some effects even past the economic impact it obviously brings. It can be a part of a huge political event and drastically tip the power balances between countries.

[Lucius]

Iran illustrating Bitcoin's main value-propositions, censorship-resistance and permissionless-ness.
~snip~

It's true, whether someone likes it or not for whatever reasons - everyone has the right to use all possible ways to survive in today's world. However, I think that some of the US politicians exaggerate and use such topics for daily political purposes, as we recently read that Russia is avoiding sanctions by using stablecoins (which are much easier to control), but also that North Korea is hacking the whole world despite this the west is far superior in everything.

I will not say that there are no very bad people in the world, but some countries and their politicians build their political careers by keeping their people in constant fear that someone will attack them. We should not forget that a lot of people in countries that are under sanctions are not guilty of anything and do not support their regime, and if Bitcoin can help them not to be hungry and without medicine, then it has certainly fulfilled part of its purpose.

[Uhwuchukwu53]

Well, that's why I always say that the world needs a balance in power. When one country becomes too powerful, they try to bring down other country by imposing sanctions. United States have been doing it since ages. That needs to stop and cryptocurrency is one of the best ways to achieve that financial freedom.

The New World order will be complex but should not call for more wars. Without war, US economy is bound to decline.

Yes it would have been a better one if the world is in a balance shape were everyone or nation has equal rights but it can't be possible no matter how two nation or individual engage in war, fight one must win the Battle, but what is to be well doing is worth doing well there should be some right and freedom given to the less superior not being override by the superior power all time. What is actually the tool  or yardstick use by this senator to examine that BTC is the medium Iran is using I think most time speculation can be the other of the day.

[DeathAngel]

Pochohontas really doesn’t give up does she. I think she must have dementia onset or some kind of ailment. The obsession is not healthy, I saw a statistic somewhere that out of like 500 bills she’s attempted to get written into law, literally 1 has been passed. She’s a totally irrelevant member of congress, nobody cares what she says or does.

[Ben Barubal]

     She has been doing that for a long time, but the question is whether he succeeded in blocking the Bitcoin field or the crypto industry. He doesn't always succeed, which means he's not strong enough to do what he wants to do in a field like the one we're in.

     So, for sure, the people of Iran are also upset with him in that regard. Then, you know, the US doesn't want someone who is always fattening and even stinging other countries.

[Wind_FURY]

Iran illustrating Bitcoin's main value-propositions, censorship-resistance and permissionless-ness.
~snip~

It's true, whether someone likes it or not for whatever reasons - everyone has the right to use all possible ways to survive in today's world. However, I think that some of the US politicians exaggerate and use such topics for daily political purposes, as we recently read that Russia is avoiding sanctions by using stablecoins (which are much easier to control), but also that North Korea is hacking the whole world despite this the west is far superior in everything.

I don't know if they're trying to exaggerate, nor do I care. But the actual context of the post is Bitcoin, by how it's built and designed, it could weaken and break down political strongholds. Whether Satoshi intended it to be this way - ¯\_(ツ)_/¯

What use would decentralization have if it's not for censorship-resistance? What is Bitcoin's value proposition if it's not also censorship-resistance?

[legiteum]

Plus they say that Iran uses the Bitcoin they mine for "imports and exports"? Imports and exports of what, and who are their trading partners? Russia?

Yes, Russia is a major trading partner with Iran, along with a bunch of other countries who stand along side them in wanting to eliminate the United States.

Remember these economic sanctions are something we do in lieu of physical war. If we didn't have this tool, a lot more people would die.

What use would decentralization have if it's not for censorship-resistance? What is Bitcoin's value proposition if it's not also censorship-resistance?

I've been asking this question here for several months now, and it's a very important topic.

The fact is that Bitcoin has failed at censorship resistance, and things like chain analysis and plain old financial regulations easily kill that.

The only reason Bitcoin is still around is because only about 1% of Bitcoin's users care about "censorship resistance" and the rest care about their investment increasing in value and nothing else.

Bitcoin works just fine as a meme investment, and that, defacto, is all it is anymore.

And this is true for all blockchain-based currencies and NFTs. Blockchain is a waste of time and resources, since you can accomplish this goal with a centralized architecture far better.

[yazher]

Probably she does want to have some kind of exposure or someone is behind her recent statement about bitcoins, well, honestly speaking, these guys can't do anything with just mere words, they can try but it will be futile and not gonna worth anything in the eyes of real bitcoins investors. they have been trying all these stuff throughout the years wanting to stop the progress of any country wanting to implement bitcoins or adopt it as their main currency but they cannot stop if those countries already made a firm decision just like El Salvador did a few years ago.

[kryptqnick]

Well, Iran is a pretty terrible country, both in terms of internal and external politics. If it's true that they're using mining to avoid sanctions, it's unfortunate. I agree that there should be some pressure put based on it, such as sanctions on the Iranian mining companies or companies doing business in Iran. Another thing to impose is restrictions for Iranian citizens on Western-based crypto exchanges (if they aren't already imposed somewhere).
Undermining Iran is a good thing to do, and if Western countries fear war all the time, they're just showing weakness, which can in turn lead to more wars, actually. But it's important not to use it as an argument against Bitcoin mining in general, falling into guilt by association (associating Bitcoin mining with Iran).

[HideYourKeys]

I do not know if she is senile, or if she is being paid, but hopefully this nonsense will end soon

[Zoomic]

When I first read the title of the post above, I thought the content of the letter will be about how bitcoin mining activities in Iran affects the ecosystem, especially the US. I am actually disappointed  , got a totally unrelated content.

Well, i just hope there are real evidences to backup her claims, otherwise, this will just be seen as another political agenda aimed at discouraging the usage of bitcoin and fuel an unhealthy rivalry all for politics' sake just to get on the good side of other political members. Which ever the case is, Bitcoin is not the problem and has never been a problem. Political leaders just have to sort out their issues without dragging Bitcoin into it.