The head of the economic committee in the Iranian parliament, Mohammed Reza Purebrakhimi, claims that the country's residents withdrew $ 2.5 billion from the economy through bitcoin and other digital currencies, Cryptovest reports. So, despite the potential of crypto currency in the fight against international sanctions, they are actively used for the withdrawal of significant funds outside the country. Probably, the situation with the outflow of capital in the near future will only worsen because of the decision of US President Donald Trump to withdraw from the agreement on the termination of Iran's nuclear program. "Active discussion of crypto-currencies in general and the creation of national digital currencies in particular is carried out all over the world, as these tools facilitate economic interaction and allow circumvention of sanctions. Due to lack of transparency and lack of reliable support, foreign digital currencies can be a threat to our banking system, so we must develop our own national crypto currency, "stressed Purebrakhimi. The official did not specify whether such currency will be supported by any asset, so it is unclear whether Iran will follow in the footsteps of Venezuela or create a digital rial. "Such a crypto currency may become a platform for economic cooperation with countries that are interested in interacting with the Iranian economy, but can not afford it because of sanctions," he added. While the geopolitical crisis around Iran puts pressure on traditional markets, the crypto currency offers an alternative to capital. Recall, the central bank of Iran has officially banned the turnover of the Crypto-currency.
I do believe bitcoin is going to get huge and anyone with any right now that hold it will only become richer by doing so...good post, thanks