by Chris Black
This could be the beginning of something. I don’t know.
We’ll have to see who Iran is doing this trade with. If it’s just third world countries, that doesn’t really mean very much.
Tehran has officially approved the use of cryptocurrency for imports instead of the US dollar and the euro, Minister of Industry, Mines and Trade Reza Fatemi Amin said on Monday.
“All the issues related to crypto-assets, including how to provide fuel and energy, and how to assign and grant licenses were devised,” the minister announced.
Earlier this month, the Islamic Republic made its first official import order using cryptocurrency, worth $10 million. It was a test run for allowing the country to trade through digital assets that bypass the US sanctions regime. The use of crypto will also allow trade with other countries under US restrictions.
It is expected that by the end of September, the use of cryptocurrencies and smart contracts in Iran will be widely used in foreign trade.
At some point, Russia, China, and/or India is going to get on board the bit-train, and then, who knows?
Big things have small beginnings.
Number of Qualified Air Force Academy Applicants Drops 46% in Just 1 Year
Diversity is our greatest strength, notwithstanding the fact that diversity is actively making our military weaker.
The Air Force Academy has seen a huge year-on-year drop in the number of applicants interested in attending the service academy, amid a historic military recruiting crisis and a drive to boost diversity on campus.
This year, The Air Force Academy saw a 28 percent decline in its number of applicants from last year, according to Air Force Academy admissions statistics obtained by Breitbart News. In 2021, there were 11,615 applicants. In 2022, that number dropped to 8,393.