Iran Demands Bitcoin For Ships Passing Hormuz During Ceasefire (ft.com)
- Reference: 0181419020
- News link: https://slashdot.org/story/26/04/08/1746237/iran-demands-bitcoin-for-ships-passing-hormuz-during-ceasefire
- Source link: https://www.ft.com/content/02aefac4-ea62-48db-9326-c0da373b11b8?syn-25a6b1a6=1
> Iran will demand that shipping companies [1]pay tolls in cryptocurrency for laden oil tankers passing through the Strait of Hormuz (source paywalled; [2]alternative source ), as it seeks to retain control over passage through the key waterway during the two-week ceasefire. Hamid Hosseini, a spokesperson for Iran's Oil, Gas and Petrochemical Products Exporters' Union, told the FT on Wednesday that Iran wanted to collect tolling fees from any tanker passing and to assess each ship.
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> "Iran needs to monitor what goes in and out of the strait to ensure these two weeks aren't used for transferring weapons," said Hosseini, whose industry association works closely with the state. "Everything can pass through, but the procedure will take time for each vessel, and Iran is not in a rush," he added. [...] Hosseini said that each tanker must email authorities about its cargo, after which Iran will inform them of the toll to be paid in digital currencies.
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> He said that the tariff is $1 per barrel of oil, adding that empty tankers can pass freely. "Once the email arrives and Iran completes its assessment, vessels are given a few seconds to pay in Bitcoin, ensuring they can't be traced or confiscated due to sanctions," Hosseini added.
[1] https://www.ft.com/content/02aefac4-ea62-48db-9326-c0da373b11b8?syn-25a6b1a6=1
[2] https://www.coindesk.com/markets/2026/04/08/iran-eyes-crypto-toll-for-oil-tanker-transit-through-strait-of-hormuz
Bitcoin is a throw away demand ... (Score:2)
>> All I have are trump shitcoins
> I am thinking that if Iran was a bit smarter, they would have required payment in the TRUMP coin (for how could DJT object to that?)
In Trump style negotiations, you always enter negotiations with things you are willing to concede on. Throw aways to trade for something you really want. Bitcoin is likely just one such throwaway. Like switching from Bitcoin to TumpCoin to "legitimize" the concept of being able to collect a fee in the first place, which seems to be a defacto violation of the laws regarding international waters.
That said, you know the f'n reason the USA created a standing Navy 250 years ago was so it would not have to pay
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Hmm. I wonder if this is a chance to offload my NFTs.
What does their Allah say about Monkey Jpegs ?
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> Hmm. I wonder if this is a chance to offload my NFTs.
Sorry, those are barrels of oil, not monkeys.
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> Hmm. I wonder if this is a chance to offload my NFTs.
Maybe they'll take [1]these [collecttrumpcards.com]? /snark
[1] https://collecttrumpcards.com/
Switching to TumpCoins (Score:2)
> All I have are trump shitcoins
Good. Because by the end of negotiations there will be a switch to TumpCoins.
Haha (Score:2)
TrumpIdidThis.jpg
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> TrumpIdidThis.jpg
[1]TrumpIdidThis.jpg [google.com]
[1] https://www.google.com/search?client=firefox-b-d&hs=a4K&udm=2&fbs=ADc_l-aN0CWEZBOHjofHoaMMDiKpaEWjvZ2Py1XXV8d8KvlI3ppPEReeCOS7s1VbbZz2TLutTM8bcskdZ5Z5EWAFJPjTelH6N3r7hJR53LpY69nh-STKMH81H7lHw74UT3nPqmFCxvYtEtFQ002Bu7_mHP7Hhwq75D8A2b2LI7UX99RII6NlQ2-7gmgvJEtNBizBQ3mIuQby&q=trump+did+this.jpg&sa=X
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> TrumpIdidThis.jpg
Every time I go to a Wawa for a sandwich or something, I keep forgetting to check for Trump's ugly mug on the gas pumps. Kind of just don't pay much attention to them anymore, seeing as how my car doesn't use gas.
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Been coal-rolled by any big diesel Bubba trucks lately?
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So sorry to disappoint you, but it appears that he is not only profoundly and immeasurably stupid, but also his cowardice matches his stupidity.
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> So sorry to disappoint you, but it appears that he is not only profoundly and immeasurably stupid, but also his cowardice matches his stupidity.
I didn't see the OP, so you'll have to be more specific with this Administration. :-)
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It sure doesn’t take much for the pointy hat to appear.
Your sig is so ironic it hurts.
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Stay in school, kids.
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1) They knew it already. Nothing to see here. Iran was always the outcast on the Persian Gulf, being Shiite, anti-monarchist and Non-Arabian.
2) That's the whole point. Iran shows that you can do damage cheaply, and very expensive to defend against, even against an enemy with far superior firepower.
3) It was before, and like Hamas, it is so deeply rooted in society that you have to kill the population, e.g. commit genocide to get it out.
Why should China and North Korea come out in support? Do they gain
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> 3) It was before, and like Hamas, it is so deeply rooted in society that you have to kill the population, e.g. commit genocide to get it out.
Or Israel could stop regularly provoking such groups so the long healing process could actually begin. That's probably a long shot though unless we force them by threatening their aid but I don't see either political party doing that despite them avidly committing war crimes.
Re:They still want tolls? They'll get bombs, inste (Score:5, Insightful)
"The only question in my mind is if Kamala would have started dropping the bombs sooner or later."
Sure it is. Maybe Trump will improve your talking points later.
"Kamala was all "Yea! War!" so maybe she'd have not done it?"
Citations please.
"One is to start/continue wars behind an orange retard. The other is to start/continue wars behind some brown bitch-retard."
Sure, both sides. Super original. Which "retard" worships Putin? I mean, besides you.
"Kinda finding it hard to see any real difference"
Sounds like a you problem. And how did Kamala Harris become part of the conversation? We all know, of course.
"Do you want those announcements from some dumb bitch you would not let operate a can-opener by herself or some angry ancient orangutan-looking asshole who you'd bet against putting his pants on by himself?"
Not being a raging misogynist like you are, the choice is clear. I prefer not to have a 34-time felon, rapist and child molester threatening genocide of nearly 100M people as my President, we know what you prefer.
"Great choices, partisans. Lovely situation you've both-sides'd us into."
Wait, who's doing the both-sidesing? You have us mistaken for those "retards" you are so familiar with.
Being a woman put Kamala in a tough spot (Score:2)
A sizable percentage of likely Democrat voters are worried that a woman would get bullied in international negotiations by male world leaders. This is of course a silly thing to think but they think it.
To counteract that women who run for president, and this goes for both Kamala and Hillary as well as the various women who ran in the primary, all have to do a bunch of saber rattling to show how tough they are to those voters.
The problem is that saber rattling inevitably backfires and a bunch of youn
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"Think of how stupid the average person is, and realize half of them are stupider than that." - George Carlin
Now think of how stupid the average MAGA voter is!
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If the Democrats still ran the show, there'd still be the new and used EV credits at least.
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I've always protected myself from getting arrested for hate speech by not speaking hatefully. Too bad Trump doesn't do that.
You know, fossil fuels keep Whole Foods stocked (Score:2)
> If the Democrats still ran the show, there'd still be the new and used EV credits at least.
And totally offset by the 6% inflation on your grocery bill, and everything else dependent upon fossil fuels to show up. You realize that includes the stuff at your local Whole Foods?
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Let's see, what's worse:
1. Having an EV which doesn't require gas, and paying for the jacked up cost of groceries and other goods because of pass-through fuel surcharges.
or
2. Paying for the jacked up cost of gas for your car, and also still having to pay for the jacked up cost of groceries and other goods because of pass-through fuel surcharges.
Hmm, that's a tough one. /s
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Donnie's solution: those big diesel trucks should all switch to gas, it's cheaper!
Yes, folks, he's literally to ignorant to know that diesel has a higher energy content than gasoline, so vehicles travel farther on a gallon of diesel than they do on a gallon of gasoline. That being said, the current different in price ($1.30/gallon more for diesel) greatly exceeds the difference is efficiency.
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She had four years to do so. She didn't. Face it -- none of the people involved will receive any jail time, except Maxwell, who's in minimum security and will most likely be out relatively soon.
Trump likes that idea... for himself (Score:2)
> Asked on Monday whether he would accept a deal that would allow Iran to take fees from ships to traverse the strait, the US president said: “What about us charging tolls? I’d rather do that than let them have them. Why shouldn’t we? We’re the winner. We won.”
and with echoes of the Mexico border wall:
> The White House said last week that Trump is considering asking Arab countries to pay for Washington’s expenses in its war on Iran.
[1]https://www.aljazeera.com/news... [aljazeera.com]
[1] https://www.aljazeera.com/news/2026/4/6/trump-says-us-could-charge-for-strait-of-hormuz-passage-amid-iran-war
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>> Asked on Monday whether he would accept a deal that would allow Iran to take fees from ships to traverse the strait, the US president said: “What about us charging tolls? I’d rather do that than let them have them. Why shouldn’t we? We’re the winner. We won.”
> and with echoes of the Mexico border wall:
>> The White House said last week that Trump is considering asking Arab countries to pay for Washington’s expenses in its war on Iran.
> [1]https://www.aljazeera.com/news... [aljazeera.com]
So... Trump muses about the U.S. imposing passage fees/tolls on a foreign body of water, totally unconnected to the U.S., and Arab countries reimbursing the U.S. for a war he started on a whim (apparently [2]talked [nytimes.com] into it by Benjamin Netanyahu, who's had a 47-year hard-on for this). Also, continues to misunderstand "winning". Classic Trump.
[1] https://www.aljazeera.com/news/2026/4/6/trump-says-us-could-charge-for-strait-of-hormuz-passage-amid-iran-war
[2] https://www.nytimes.com/2026/04/07/us/politics/trump-iran-war.html
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You have to wonder what happens behind closed doors sometimes... I don't know that Trump understands anything at all of the current situation. From where I sit here's what happened:
The Israelis build a nice presentation that tells Trump he'll be the world savior if he attacks Iran, and that success is guaranteed. The US army generals disagree, but Bibi Netanyahu worked at BCG, a top consulting firm, and there's no way his folks aren't convincing. Trump buys it and thinks it'll also stop people from talkin
NYT referring to wrong 10-point list and authors (Score:2)
> ... a war he started on a whim
Not really. US special envoy Steve Witkoff reported that during negotiations the Iranians claimed to have 1000 pounds of enriched uranium that could be further enriched to produce 11 nuclear bombs. A bluff or not, it is product to assume it true.
> ... apparently (nytimes) talked into it by Benjamin Netanyahu,
Not really. The Vice President recently pointed out there are numerous 10-point lists from numerous factions. And the one the NYT refers to is one rejected and originating from the Revolutionary Guard. Its not what the current cease fire and talks are based on.
Pyrrhic Victory (Score:5, Informative)
So let me get this straight (pun intended) -- we spent billions of dollars bombing Iran. They still are able to block the Strait and are now charging a tax that didn't exist before, to pay to repair things we bombed. Trump says there's "Complete and Total regime change," but the leader of Iran is still named the Ayatollah Khamenei. I'm not sure how any measure shows the US campaign was a success. On the contrary, it is likely a pyrrhic Victory that will embolden Iran, strengthen their Islamist regime and defiance, and fracture US alliances like NATO. What exactly was accomplished here? The end result seems like we're now giving Iran money and allowing them to dominate the Strait officially.
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It’s a success because he says so and then Fox repeats it. Cult followers hear the gospel and it’s fact.
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Fox doesn't matter. What matters is Trump's base and congress. Of Trump base, a lot like Alex Jones and Tucker Carlson, are openly calling for his impeachment. In congress, unfortunately they are more afraid of AIPAC that their voters, but they will get tossed out come election time. I don't see a way for Trump to avoid consequences of breaking his explicit election promises.
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> It’s a success because he says so and then Fox repeats it. Cult followers hear the gospel and it’s fact.
They love the taste of Kool-Aid in the morning ...
That's about right (Score:3)
And it didn't even really pull the heat of the Epstein stuff, so it failed there, too.
On the bright side, the dipshit also badly damaged his coalition.
But yes, Stumpy: - spent upwards of 12 digits on war porn without any plan,
- got badly outplayed by Iran on one side, Israel on the other, and China playing adult in the room,
- destroyed the Freedom of Navigation the world depends on for trade the US used to guarantee,
- spit in the face of our allies, yet again,
- demonstrated to the world that
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The number of people that still pay attention to what Trump *says* is mind-boggling to me. His story changes every 4 hours. It's deliberate. He's running his messaging strategy like a reality show. It's designed to keep people off balance, uncertain, distracted and misinformed. It's designed to encourage you to "tune in" a few hours later. He's trying to maximize "viewership".
If you ignore the messaging, and pay attention to what's actually happening, you would know that the US is gearing up for a limit
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Sounds like all the Iran officials should throw a big party and invite all their friends and family.
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No surprise at all. It's his usual M.O. Create a crisis, go back with nothing accomplished, claim victory for ending the crisis.
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Also: minesweepers, hello?
Who wasn't thinking yesterday would be TACO Tuesday? Today market goes crazy, like, OMG we were "THIS CLOSE". Is NYSE a slapstick number now?
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I don't have a non-paywalled version of the article unfortunately, but this article by Robert A Pape is interesting and basically argues that Iran has been positioned to ascend to a fourth global power (alongside America, China and Russia) solely based on how they've played their hand and their dominance of that one strait. [1]https://www.nytimes.com/2026/0... [nytimes.com]
[1] https://www.nytimes.com/2026/04/06/opinion/iran-war-strait-hormuz.html
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> So let me get this straight (pun intended) -- we spent billions of dollars bombing Iran. They still are able to block the Strait and are now charging a tax that didn't exist before, to pay to repair things we bombed. Trump says there's "Complete and Total regime change," but the leader of Iran is still named the Ayatollah Khamenei. I'm not sure how any measure shows the US campaign was a success. On the contrary, it is likely a pyrrhic Victory that will embolden Iran, strengthen their Islamist regime and defiance, and fracture US alliances like NATO. What exactly was accomplished here? The end result seems like we're now giving Iran money and allowing them to dominate the Strait officially.
Don't forget that Iran still has their stockpile of uranium and enriched uranium, and some unknown quantity of drones and ballistic missiles (and can build more). And Trump suspended sanctions on Iranian (and Russian) oil sales, to soften U.S. fuel prices. I get the feeling that, despite all his talk, Trump doesn't really understand the word, "winning". But, hey, the U.S. blew up a *bunch* of stuff and used/wasted a large portion of our super expensive Tomahawk missiles and other ordinances, burned thro
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First, you're right. And second: it gets better.
The former leader of Iran was 86 years old, in failing health, and facing increasing internal opposition despite repeated crackdowns. By killing him, the US turned him into a martyr, not just for hardcore loyalists in Iran, but for many others across the entire Middle East. And his replacement not only has political, ideological, and religious motivation, but: the US made it personal.
Thanks to incompetent drunk Pete Hegseth, the US bombed a school and
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> The former leader of Iran was 86 years old, in failing health, and facing increasing internal opposition despite repeated crackdowns. By killing him, the US turned him into a martyr, not just for hardcore loyalists in Iran, but for many others across the entire Middle East. And his replacement not only has political, ideological, and religious motivation, but: the US made it personal.
Assuming Mojtaba is not a vegetable he lacks religious credentials, has no charisma and hereditary ascension cuts against a core tenant of the Islamic revolution. What having him in place makes bare to Iranians is the IRGC is running the country as a mafia state and he is its puppet.
> Thanks to incompetent drunk Pete Hegseth, the US bombed a school and killed a lot of little girls. That won't be forgotten for a long, long time. Not only has it enraged much of the population, but it undercut the opposition movement by providing fresh evidence that the US isn't and has never been on the side of the Iranian people.
More Iranians are enraged over the prospect of being abandoned as bombs stop falling. Iranians supporting attacks against the regime were well aware of the fact there would be collateral damage. There were never any safe opti
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In the medium to long term the main outcome of this war will be accelerating the move away from US based currency and payment systems. Lots of alternatives to Mastercard and Visa already have some momentum, and trading oil is moving away from USD.
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There has been regime change. The old supreme leader was killed. The new one was thought to be too extreme by the old one, but that was before his mother, father, wife, child and a bunch of other family members were killed by the US and Israel. Much the same experience as a bunch of other young Iranians who might have been leaning towards the whole US = the great satan thing being a bit of hypoerbole.
Don't worry (Score:2)
These cryptocurrency payments can't be used to fund terror and evade sanctions since all the transactions are public on the blockchain! Also, would anyone like to buy a bridge?
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> Also, would anyone like to buy a bridge?
Nope. Trump will just blow it up. :-)
The Ferengi rules of acquisition says (Score:2)
"War is good for business"
This news appears to have slightly pumped the value of Bitcoin a bit since yesterday. Says a lot about the moral character of people trading crypto, when they hear that they may be able to profit from the world going to shit.
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> "War is good for business"
> This news appears to have slightly pumped the value of Bitcoin a bit since yesterday. Says a lot about the moral character of people trading crypto, when they hear that they may be able to profit from the world going to shit.
Perfect definition of the crypto bros.
Article with broken paywall... (Score:2)
The paywall on the article is broken, with "undefined" in place of the price in every instance on the text. I'm not on a VPN or doing any crazy monkeying with the site. Just Firefox on Android with uBlock Origin, connecting direct over my home Wi-Fi.
Almost seems appropriate to get a tollbooth on an article about an Iranian tollbooth.
Re: Article with broken paywall... (Score:2)
Yes, I saw the alternative link. No need to point it out to me. Still find the broken main site exemplifies many issues with the Internet today.
Bitcoin favorite currency of all the nice people (Score:2)
Scammers, Terrorists, Tyrants, Criminals.
What a wonderful gift Crypto is to the shitness.
So now if you are using Bitcoin, supporting it's value, you are helping Iran kill its own people. Well done Crypto Bro's you found the bottom.
will they take ez-pass? (Score:2)
will they take ez-pass?
"...a few seconds to pay in Bitcoin" (Score:5, Insightful)
This person isn't familiar with Bitcoin, at all.
Re: "...a few seconds to pay in Bitcoin" (Score:2)
Hahahahaha.
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Man, people are still trying to hawk Lightning because they crippled bitcoin with the 1MB blocksize cap?
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So what? You think the ship's crew are the ones paying the toll? That's done by an office somewhere in another country. The ship isn't doing any transaction here.
Re:"...a few seconds to pay in Bitcoin" (Score:5, Interesting)
There's the Lightning Network now, which if you believe the Bitcoin bros, is like a turbocharger for Bitcoin. The reality is, it adds some additional potential failure points, risks, and inconveniences, since now you're basically trading Bitcoin on a separate blockchain, where the transactions are ultimately consolidated and then committed to the main Bitcoin blockchain.
Really, at that point, you should just be using a different cryptocurrency anyway, but you know the old saying about the market remaining irrational...
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If course he is. Bitcoin may take a while to be committed to the chain, but that doesn't mean you can't have an exchange in a friendly country guarantee the exchange while the technical issues resolve themselves in the background.
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It's not the payment that takes minutes, it's the verification that takes minutes. The slow moving tanker will still be in range when verification occurs.
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Bitcoin is haram.