Yeah, you heard right!
Cryptocurrency bulls push Bitcoin price beyond $26,000 (in Iran)
it actually happened! The price of Bitcoin surged to an all-time high of $26,000 in Iranian cryptocurrency exchanges and localbitcoins . This happened after President Rouhani approved the plans to make cryptocurrency mining a mainstream industry in the country.
Iran Legitimizes Crypto Mining Industry, Bitcoin Price Spikes to $26,000 Locally, so if you have your friends there they can help you making tons of money overnight!
Iran is now exploring cryptocurrencies and cryptocurrency mining as a mainstream industry in the wake of their official currency, the Iranian Rial facing a major crisis. Following multiple international trade sanctions imposed upon them by the United States, the country’s local currency has been floundering. In an attempt to rectify things, Iran is now looking forward to make use of cryptocurrencies - a strategy that is also being tried out by the government of Venezuela with the Petro cryptocurrency.
here is the screenshot of local bitcoin open trades which is still at $21000, so here you feel as if you are in December 2017!
Firouzabadi stressed that the state cryptocurrency “can be used as a financial transaction instrument with Iran’s trade partners and friendly countries amid economic pressures through U.S. sanctions.”
-And this is how, gradually fiat currency is dying one after another taking shelter in crypto lap!
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yah! thats true you can earn if somehow you can manage to trade at Iranian exchanges, this time decentralized economy will win the battle for sure.