Re:Iran authorizes use of cryptocurrency for imports payment
by laydn on Wednesday April 28, 2021 @07:44AM
(#26968252)
They are going to have to figure out how to spend all that cryptocoins as well, which I think will be the more difficult part.
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Re:Iran authorizes use of cryptocurrency for imports payment
by ur-whale on Wednesday April 28, 2021 @08:35AM
(#26968618)
> They are going to have to figure out how to spend all that cryptocoins
Not if they find an exchange - say in China - willing to exchange that coin for local currency and let them purchase goods with said local currency.
Not as hard as you might believe, especially at a sovereign nation level.