LOL! A crypto backed by Iran! Even the official currency of the country (Rial), seemingly backed by its natural resources and economy is hardly worth its weight in paper and doomed to fail.
The reason Bitcoin has any value is the fact that its algorithm is transparent, locked and equally visible/accessible to all humans worldwide. Imagine having your digital asset's distribution algorithm controlled by Sepah and its IT soldiers! LOL!
looks like life is coming back to bitcoin.
iran,russia,turkey and venezuela are moving
some assets into btc.
Trader who called bitcoin's 84% decline in 2018 now sees $50,000 price target
Bitcoin is back from the dead.
The world’s largest cryptocurrency by market cap broke above the $5,000 mark for the first time since November and has so far sustained its rally, prompting some analysts to declare an end to the so-called “crypto winter.”