Published
5 years ago on
August 30, 2018
"The infrastructure is supposed to be as an ecosystem available for Iranian banks and active companies in cryptocurrencies area after being tested and reviewed."Furthermore, Iran’s Supreme Leader Seyyed Ali Khamenei has commented earlier in the week, saying that the country needs to take action against its economic problems now before the issue escalates beyond control. Ali Khamenei said:
"With regards to the economy, there is need for full force, large-scale and proficient work. Authorities in charge of economic affairs must work hard day and night to resolve the problems."Historically, Iran has been somewhat anti-Bitcoin, though it seems in this instance they are seeking some refuge within the blockchain. We need to ask ourselves, is this the correct approach to take? Should cryptocurrencies be used to avoid imposed sanctions? It’s a question that is very difficult to answer. Sanctions are in place for a reason, but at the same time Bitcoin was designed to be anti-establishment. In this instance, cryptocurrency is being used to surpass the rulings of a government, but, is it going to help inspire another government to control its own people? It’s a question that is up for debate somewhere else. For us, the important thing here is that cryptocurrency is being turned to in a time of need, that’s exactly why it was invented in the first place right? References The Independent
