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It's quite possible that whats going on here is just Iranian officials not understanding how Bitcoin actually works. E.g. not understanding that speed isn't very important, because they incorrectly think Bitcoin is like USDT and can be frozen.

Also, if they're using coinjoin, like Wasabi, tracing is made pretty difficult in many threat models.

5 sats \ 3 replies \ @OT 8 Apr

Might be difficult to get tgat kind of liquidity when the cost is a few million dollars (>20 bitcoin).

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Wasabi from what I can see on mempool... Has plenty of liquidity

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5 sats \ 1 reply \ @OT 9 Apr

For more than 20 BTC per ship? I don't think so

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For lots of ships every day all day maybe not. But to get started some of those coinjoins are pretty big.

I can imagine if Iran starts using it then other countries/Russia/China will too and they will get bigger.

Just my opinion

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