The Blockchain Socialist

Sanctions are Economic Terrorism: Crypto in Iran

August 08, 2021 The Blockchain Socialist
The Blockchain Socialist
Sanctions are Economic Terrorism: Crypto in Iran
Show Notes

It has been reported lately in the news about how the country of Iran has been using bitcoin to get around sanctions imposed by the United States and how the population is using it as a hedge for inflation. To get a better understanding on the situation, I spoke to Salman Sadeghi (@salman_sadeghi), a Masters student at GCAS studying cryptoeconomics based in Iran.

During the interview we discuss what is the experience on the ground for Iranians that are suffering under these sanctions, how he was personally effected by these sanctions, and his favorite left philosophers for understanding cryptocurrency. He also gives very interesting insight as to why the government recently banned bitcoin mining in the country purportedly because of the strain on the energy grid (hint: that wasn't the reason).

These sanctions are economic terrorism against innocent people and a form of imperialism by the United States and as Lenin once said, imperialism is the highest form of capitalism.

More Sources
My interview with  the founder of GCAS, Creston Davis
Cryptocurrency Update from GCAS by Salman Sadeghi

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