Chinese Commentator Calls Bitcoin a CIA Trap as Iran’s Military Uses It to Bypass Sanctions

TLDR: Jiang Xueqin, a Yale-educated philosophy teacher, claims Bitcoin runs on CIA-controlled servers. Iran’s IRGC collected roughly $2M per supertanker in Bitcoin fees at a major oil chokepoint. Bitcoin operates across 22,174 nodes in 164 countries with no central server or kill switch. BIP-361, Adam Back’s Paris speech, and Jiang’s viral video all emerged within [...]

The post Chinese Commentator Calls Bitcoin a CIA Trap as Iran’s Military Uses It to Bypass Sanctions appeared first on Blockonomi.