😱🚨The Common Denominator of Chaos in Iran: Bitcoin; People Cling to It to Escape, the State to It to Resist!🚨🚨
Protests, currency fluctuations, and internet outages… The chaos in #iran has caused a surge in demand for #Bitcoin ! 🚀
📉 RIAL COLLAPSES, BTC BECOMES A SAFE HAVEN
The economic crisis deepened as protests spread nationwide on December 28th.
The rial quickly reverted to a worthless currency.
💥 End of December
➡️ 1 USD ≈ 42 rials
⏳ Shortly after
➡️ 1 USD ≈ 1,050+ rials
This forced Iranian individual investors to flee to Bitcoin.
🔐 FLIGHT FROM EXCHANGES!
According to blockchain analytics company Chainalytic systems:
📊 The increase in protests decreased
🌐 Until the internet outage on January 8th,
➡️ record withdrawals occurred from Iranian-based crypto exchanges
➡️ to personal BTC accounts.
What does this mean?
👉 People no longer trust exchanges
👉 They are moving their assets to accounts they control themselves
🧠 WHY $BTC ?
✔️ Decentralized
✔️ Censorship resistant
✔️ No government control
✔️ Cross-border transfer capability
According to Chainalytic, this scenario is not happening for the first time.
📌 War
📌 Economic crisis
📌 Government repression
The same scenario is repeating itself.
⚠️ STATE-LINKED ACTORS ARE ALSO INVOLVED
The cash side of the report is here 👇
🇮🇷 Archived budgets with the Iranian Revolutionary Guard Corps (IRGC),
📅 Part 2025
➡️ Accounted for more than 50% of Iranian-sourced cryptocurrencies!
💰
• On-chain transaction volume: $2 billion+
• Total annual volume: ~$3 billion
‼️ These figures only include
👉 addresses on the sanctions list.
👉 The actual volume may be much larger.
🚨 THE RESULT IS CLEAR:
Bitcoin in Iran is no longer just:
❌ an investment tool
❌ speculation
✅ a store of value
✅ a way to escape censorship
✅ a way to mitigate sanctions.
