Latest / Simply Bitcoin / Could the US Have Struck Iran Over Bitcoin? Nobody Is Talking About This!
Transcript
- 0:00Bitcoin just hit $75,000. We are back.
- 0:03Baby, and I need to ask you something that some social media
- 0:06platforms won't let me ask did the United States strike Iran,
- 0:10at least in part, because of Bitcoin?
- 0:13Now before you call me crazy, hear me out.
- 0:15Before this conflict started, Iran was running 427,000 Bitcoin
- 0:20mining rigs, mining each coin for $1320 and selling it for
- 0:27$70,000 every single day, using cheap sanctioned energy to
- 0:32produce money the US Treasury couldn't touch, couldn't freeze,
- 0:36and couldn't stop. Then the US acted, and Iran's
- 0:39Bitcoin mining capacity dropped 77% in a single quarter.
- 0:44Coincidence. Maybe, but I found a clip that
- 0:48made me think twice. And once you see the full
- 0:50picture, the strategic reserve, the mining numbers, the Strait
- 0:54of Hormuz toll, the $75,000 price, you're going to have a
- 0:59hard time calling it at random. Welcome back to Satoshi.
- 1:02Let's get into it. Let's start with the headline
- 1:06number because it matters to everything that follows.
- 1:09And let's be real, you partly clicked on this video because of
- 1:12the price. So Bitcoin hit $75,000 this
- 1:15week. That's a significant level given
- 1:18that everyone and their mother has said that we're in a bear
- 1:20market. It's the highest price since the
- 1:22October 2025 all time high run. And it comes on the back of the
- 1:28US Iran ceasefire announcement. When the ceasefire was declared,
- 1:32Bitcoin pumped over 5% in hours, from around 69,800 to 72,500 on
- 1:40the announcement, then continued climbing towards 75,000 as the
- 1:44week progressed. The narrative we've been
- 1:46tracking for weeks is playing out in real time.
- 1:49Bitcoin held at 1.5% down when the SMP dropped 10%.
- 1:55Bitcoin pumped when peace was announced.
- 1:58Not gold, not the SMP MP, but Bitcoin.
- 2:01Sailor said the four year cycle is dead and price is driven by
- 2:05capital flows and the capital is flowing.
- 2:07For the first time since the October highs.
- 2:10There's genuine momentum on the chart.
- 2:12But now let me tell you why I think that this price move is
- 2:16about a lot more than a ceasefire.
- 2:19Here's the part of the story that almost nobody in mainstream
- 2:22media has connected properly. Before this conflict, Iran had
- 2:26built one of the most sophisticated Bitcoin mining
- 2:29operations in the world. We're talking about 427,000
- 2:33active mining rigs, a hash rate of roughly 9 EXA hashes per
- 2:37second between 6 and 8% of the global Bitcoin network.
- 2:42That's huge. I always call it massive,
- 2:45sometimes they say. Huge.
- 2:46And here's why that matters. In Iran, energy costs make
- 2:51mining Bitcoin extraordinarily cheap.
- 2:54According to the Trading View and Coin Pedia, the cost of
- 2:58mining one Bitcoin in Iran was just 1320 dollars, $1320 to
- 3:08$70,000 today and $126,000 at the all time high.
- 3:13That spread $1320 cost $70,000. Revenue is a essentially a money
- 3:20printer, but unlike A literal money printer, you can't
- 3:24sanction Bitcoin, you can't freeze it, you can't intercept
- 3:28it. Once Iran mined, they could sell
- 3:31it anywhere in the world and convert it to any currency and
- 3:34the US couldn't do a thing about it.
- 3:36What are you going to do? Chain Analysis confirmed in
- 3:38their 2026 Crypto Crime Report that state driven sanction
- 3:42evasion volume surged 694% in 2025 with Iran as one of the
- 3:49primary actors. Coin Desk reported in February
- 3:522026 that Iran had built a $7.8 billion crypto shadow economy
- 3:58using state sponsored Bitcoin mining and sable coins to bypass
- 4:03the dollar. This wasn't a side hustle.
- 4:05This was infrastructure. Iran had built a parallel
- 4:09financial system powered by Bitcoin and cheap energy,
- 4:12specifically designed to make U.S. sanctions irrelevant.
- 4:16And then the US acted, and within one quarter, Iran's
- 4:21Bitcoin hash rate collapsed from 77%, from 9 EXA hashes down to
- 4:26two. The $427,000 mining rigs gone or
- 4:31offline. The $340 million in daily mining
- 4:35revenue EVAP operated. The global Bitcoin network
- 4:38itself felt it. The total hash rate dropped
- 4:41around 1004 EXA hashes in Q2. I want to play you this clip
- 4:48from Newsmax. Carl Higbee.
- 4:50No BS, no sugar coating. Making the case for why the
- 4:54military action in Iran was the right call and why, if the
- 4:57mission is finished, the US will be better for it.
- 5:01Also, you know how Trump keeps saying that there's going to be
- 5:03this Bitcoin reserve? Iran was one of the top Bitcoin
- 5:07miners in the world due to their subsidized energy program.
- 5:09They were trading on Bitcoin to avoid other sanctions too, just
- 5:14like how they're demanding it in tolls through the Strait of
- 5:15Hormuz. But since Trump's started this
- 5:17bombing campaign, 77% of their crypto mining has stopped, which
- 5:22in conjunction to the Clarity Act will be an explosion in the
- 5:25crypto sphere, literally making millionaires overnight and
- 5:28potentially generating enough revenue to partially offset our
- 5:32national debt. It's not just a war with Iran.
- 5:34Sure they can't get a new but there are so many moving parts
- 5:37here. This is why I keep telling you
- 5:38just guys like I'm putting my neck out there by supporting
- 5:41this. I, I, I realize that and I'm in
- 5:43like, I'm not, I'm not BS ING you.
- 5:45Like just please hold out a little bit longer as somebody
- 5:48who went to war and saw some of these things, like you got to
- 5:51finish the job. Look, we're in it.
- 5:52And if we ditch the mission now, it's going to be way worse.
- 5:56Long term. Now, Carl isn't talking about
- 5:58Bitcoin here. He's making a broader
- 6:00geopolitical case. But watch it with what you know
- 6:03now about Iran's mining operation in the back of your
- 6:06mind, because you layer in the Bitcoin data, the 427,000 rigs,
- 6:11the $1320 mining cost, the $7.8 billion shadow economy, the 6 to
- 6:198% of global hash rate, and the question becomes a lot more
- 6:24interesting. Here's the sequence of events
- 6:26that I want you to sit with. Trump announces the US strategic
- 6:29Bitcoin reserve. America officially declares
- 6:32Bitcoin a national strategic asset worth accumulating.
- 6:36Weeks later, the US and Israel act against Iran's energy and
- 6:40military infrastructure. Iran's Bitcoin mining capacity
- 6:44collapses 77% in a single quarter.
- 6:47Iran then pivots and instead of mining Bitcoin, it starts
- 6:52charging Bitcoin tolls at the Strait of Hormuz and Bitcoin
- 6:57hits 75,000. Now here's the question that I
- 7:00keep coming back to. If you're the US government and
- 7:03you've just declared Bitcoin a strategic national asset, the
- 7:07last thing you want is a heavily sanctioned adversary controlling
- 7:116 to 8% of the entire Bitcoin network, mining it for $1320 a
- 7:18coin. I'm never going to stop saying
- 7:20that number because that's just like beyond wild to me.
- 7:22And using it to make your sanctions completely irrelevant.
- 7:27Iran wasn't just evading sanctions, it was doing it with
- 7:31Bitcoin, the same asset that the US just decided it wants to
- 7:35accumulate. That's not just an economic
- 7:38threat, but a direct conflict of strategic interests.
- 7:42Did the US factor Bitcoin into this decision?
- 7:45I don't know if I had to put on my tinfoil hat on, I would
- 7:50question it at the very least. And it is a question that
- 7:54deserves to be asked. And I think that the fact that
- 7:57it's not being asked anywhere in mainstream media itself is
- 8:01interesting, probably because people still see Bitcoin as this
- 8:06shadowy thing and not a central player.
- 8:09But I feel like that's about to change really soon.
- 8:11And look wherever the geopolitical context, one thing
- 8:15is clear. Bitcoin is now operating at
- 8:18every layer of global power, which means that if you hold it,
- 8:21you need to hold it right. That's where the Bitcoin Way
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- 8:45Here's what makes the story even more extraordinary.
- 8:48When Iran's mining capacity was taken out, they didn't give up
- 8:51on Bitcoin. They pivoted.
- 8:53Instead of producing Bitcoin through mining, Iran started
- 8:57taxing its movement. The Strait of Hormuz toll
- 8:59$2,000,000 per ship, payable in Bitcoin is Iran's response to
- 9:04losing their mining infrastructure.
- 9:06They couldn't mine it anymore, so they put a toll booth on the
- 9:09most important oil shipping lane in the world and demanded
- 9:13payment in the one asset that nobody could take away.
- 9:16The numbers are staggering at $2,000,000 per ship.
- 9:19With 130 ships per day, that's 3611 Bitcoin per day in
- 9:25potential revenue. The entire global network, just
- 9:29so you have an idea, only mines 450 Bitcoin per day.
- 9:34Iran went from mining a fraction of the daily supply to
- 9:38potentially collecting the daily mine supply just in tolls.
- 9:43And the Wall Street Journal confirmed this isn't a temporary
- 9:46wartime measure. Their headline Iran $7.8 billion
- 9:51crypto economy finds a new way to grow after ceasefire After
- 9:55the ceasefire, permanent infrastructure.
- 9:59Nick Zabo, one of the architects of the concept of digital money.
- 10:03Put it simply, Iran is no longer effectively under sanctions.
- 10:07Do try to keep up with events. Oh, as bad as the US took out
- 10:12Iran's Bitcoin mining, Iran found a way to use Bitcoin
- 10:15anyway. So that's not a defeat to
- 10:18Bitcoin. Again, that just proves the
- 10:20concept. It proves that this is the
- 10:23future. OK, now let me zoom out as
- 10:26always and tell you what I think this all adds up to.
- 10:30We're in a world where Bitcoin is no longer just a financial
- 10:33asset. It is now officially a
- 10:36geopolitical tool, a monetary weapon, a strategic reserve, a
- 10:40sanctions evasion mechanism, a toll booth currency, all
- 10:43simultaneously. And the US recognizes this.
- 10:46And they announced the strategic Bitcoin reserve, officially
- 10:49declaring it a national strategic asset.
- 10:52Iran recognized this and built a $7.8 billion mining
- 10:55infrastructure to avoid those sanctions.
- 10:59And when that infrastructure was disrupted, Iran pivoted to using
- 11:03Bitcoin as a toll currency for global oil trade.
- 11:06Every major power is now making moves around Bitcoin.
- 11:09Not a theory or any other shit coin, but Bitcoin specifically
- 11:13because it's the only one with a fixed supply, No issuer, no
- 11:18government backing, no off switch.
- 11:20And this is what Bitcoin was designed for.
- 11:23Not as a tech stock, not as a speculative asset.
- 11:26As a monetary network that operates outside any single
- 11:31government's control and that therefore becomes indispensable
- 11:36to every government simultaneously.
- 11:38It's in their best interest to get some and Bitcoin at $75,000
- 11:43isn't really just a price. It's a signal that the world is
- 11:46starting to understand what it actually is and if this episode
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- 12:52OK? I started this episode with a
- 12:54question. Did the US take action against
- 12:57Iran partly because of Bitcoin? I still don't have a definitive
- 13:01answer, although I'd love to hear yours after knowing all of
- 13:04this information. But what I do know is this.
- 13:06The sequence of events, The strategic reserve, the conflict,
- 13:10the 77% hash rate collapse, The Strait of Hormuz told the 75K
- 13:14price. That sequence tells a story
- 13:17about a world where Bitcoin has become too strategically
- 13:20important to ignore. For 15 years, Bitcoiners said
- 13:24that this day would come, the day when governments couldn't
- 13:27pretend that Bitcoin didn't matter.
- 13:29The day when it showed up in foreign policy decisions and
- 13:32geopolitical calculations and national reserve strategies.
- 13:35That day is here, and we're watching it unfold in real time.
- 13:39Thanks for watching simply bitcoins, Satoshi.
- 13:42Don't forget to smash the like button.
- 13:43Share the show with your friends.
- 13:44Drop a comment below because I read all of them.
- 13:47Follow me on X at Internet Sophie.
- 13:49And as always, stack, Slay and stay bullish, baby.