why is bitcoin crashing?

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03/02/2026 11:32

Subject: why is bitcoin crashing?

quote

Anonymous

Anonymous wrote:

Anonymous wrote:And now you see what BTC is good for as millions of Iranians move their life savings out of a collapsing country. To the moon’

Oh yeah how does that work in a place with no connections to the internet? And the vast majority of Iranians have no life savings.

And this is still what they are actually using it for (from NY Times piece a week ago):

"People in Iran had gained access to more than 1,500 accounts on the Binance platform over the previous year. About $1.7 billion had flowed from two Binance accounts to Iranian entities with links to terrorist groups, a possible violation of global sanctions. "

report

03/02/2026 12:33

Subject: why is bitcoin crashing?

quote

Anonymous

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:And now you see what BTC is good for as millions of Iranians move their life savings out of a collapsing country. To the moon’

Oh yeah how does that work in a place with no connections to the internet? And the vast majority of Iranians have no life savings.

And this is still what they are actually using it for (from NY Times piece a week ago):

"People in Iran had gained access to more than 1,500 accounts on the Binance platform over the previous year. About $1.7 billion had flowed from two Binance accounts to Iranian entities with links to terrorist groups, a possible violation of global sanctions. "

Well, it's a good thing that those Binance folks are in prison. Right?

report

03/02/2026 13:39

Subject: why is bitcoin crashing?

quote

Anonymous

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:And now you see what BTC is good for as millions of Iranians move their life savings out of a collapsing country. To the moon’

Oh yeah how does that work in a place with no connections to the internet? And the vast majority of Iranians have no life savings.

And this is still what they are actually using it for (from NY Times piece a week ago):

"People in Iran had gained access to more than 1,500 accounts on the Binance platform over the previous year. About $1.7 billion had flowed from two Binance accounts to Iranian entities with links to terrorist groups, a possible violation of global sanctions. "

Well, it's a good thing that those Binance folks are in prison. Right?