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A comment on How Iran Uses Bitcoin Mining to Evade Sanctions and “Export” Oil. Parent comment

Re:How Iran Uses Bitcoin Mining to Evade Sanctions and “Expo... by DSingularity on Saturday May 22, 2021 @12:28PM (#27248037)
Haven’t established any bases in the Middle East? Are you kidding? Building bases in the Middle East was first order of business after world war 2.

https://en.m.wikipedia.org/wiki/Prince_Sultan_Air_Base

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Re:How Iran Uses Bitcoin Mining to Evade Sanctions and “Expo... by simonh on Saturday May 22, 2021 @01:32PM (#27248615)
I was very clearly referring to the situation in 1979 when the petrodollar system was formalised, which itself was long after dollars became the standard currency for trading oil.

That base was exclusively a Saudi air force base until the first Gulf War, which occurred long after the dollar became the standard currency for trading oil.

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