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Tag Archives: sanctions

Germany urges to create European payment system – reveals Bitcoin’s true Use-Case

The rift between the EU and the USA is wider than ever since Donald Trump’s presidency. All of a sudden institutions like SWIFT that always appeared European are questioned over their allegiance. The international company provides a standardized message system that helps banks to process international transactions fastly and securely. SWIFT – an American institution […]

Venezuela and Iran – Why it is good that Rogue States adopt Crypto

Venezuela launched its own cryptocurrency last year. Now Iran is following. The middle-eastern country is reacting to US sanctions that will be enforced from the 6th of August on. To avoid the sanctions, Iran relies on cryptocurrencies. While Iranians buy into Bitcoin & Co. to avoid losing money through the plummeting Rial, the Iranian state […]