
“The government has blocked popular messaging services like Telegram and Signal, in addition to several internet networks. Yet despite censorship and civil unrest, the Iranian bitcoin community is growing rapidly. Iranian customers protested outside local branches in 2017, demanding deposits because they worry some of the country’s largest credit institutions are on the verge of collapse. Meanwhile, Iranians remain politically ostracized from most international businesses and financial institutions. Part of the inspiration behind the Iranian revolution in 1979 was a belief that the Shah’s regime perpetuated economic inequality.”
Read more: http://www.ibtimes.com/bitcoin-adoption-rate-iran-surges-despite-censorship-protests-2636607
Related posts:
Iranians march in government-sponsored rally to mark revolution
SpaceX to launch radar satellite network for Germany
Banks in Singapore agonize over rich clients in tax evasion clampdown
Egypt’s political chaos decimates historical treasures
Woman sues officers for seizing $31,000 cash from real estate sale
Mexico City mulls legal marijuana ‘clubs’
Flamboyant Australian tycoon unveils plan for Titanic replica
California hunger strike: judge approves force-feeding of prisoners
The Rush to Coin Virtual Money With Real Value
Korea Today - Bitcoin: Currency for the future?
France ‘ready to punish’ Syria over chemical weapons strike
NSA surveillance reach broader than publicly acknowledged
Egypt’s wheat problem: how Morsi jeopardized the bread supply
IRS Power To Revoke Passports Signed Into Law
Senators skip classified briefing on NSA snooping to catch flights home