Iranian oil exports to China hit an all time high of 1.8 million barrels a day in June. All trade bypassed the USD system.

Much of Iran's foreign trade is conducted in Bitcoin to avoid US interference.

China + Iran also jointly operate mining farms in Iran.

As more "authoritarian regimes" opt out of the US system by adopting bitcoin, I think we'll find out that the vast majority of bitcoiners in the West are actually just BINO losers.

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Discussion

Proof?

Trade is at the root of all this no doubt

Source?

Am I the only one around here who has no idea what BINO stands for?

Bitcoiner In Name Only?

Sources would be helpful.