My reaction to the news is that people shouldn’t suffer for the misdealings of its government. The country’s fiat currency is worthless and people are suffering as a consequence. Bitcoin and other crypto is a way for them to preserve what’s left of their net worth. I’m hopeful that despite the ban on the country’s banks, it’s people will have access through other means.
I know the headline may be a few days old but I just caught it and had to rant a little. Thanks.
Full article: https://www.reuters.com/article/us-crypto-currencies-iran/iran-central-bank-bans-cryptocurrency-dealings-idUSKBN1HT0YN