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Iran announces: Ships passing through the Strait of Hormuz must settle in cryptocurrency or RMB~
On the surface, it's a fee announcement, but in essence, it's a bullet shot at the oil dollar system~
The logic of the petrodollar has not changed since 1974: to buy oil globally, you must first buy dollars. This rule allows the U.S. to print money infinitely and borrow endlessly because the whole world is helping it absorb liquidity~
Now, this premise is being openly challenged by a country holding a strategic choke point for the first time~
The bigger issue isn't Iran, but those following along—
Saudi Arabia is still watching but has already begun accepting RMB for oil settlements~
Russia has long bypassed the dollar~
China is the biggest beneficiary of the Strait of Hormuz and the biggest promoter of RMB internationalization~
This isn't a revolution overnight, but every crisis is a brick, stacked one by one, until one day, the building changes its foundation~
Where does Bitcoin stand in this narrative?
It is the refuge for those who distrust both systems—
Every day that U.S. dollar hegemony wavers, is a day that Bitcoin's narrative is strengthened—
This time, Iran inadvertently gave cryptocurrency the most powerful advertisement~
#石油美元 #RMB #比特币 #De-dollarization