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🚨 The Biggest Bitcoin Update Since ETFs 🚨
**The largest sustained buying pressure Bitcoin has ever seen may be upon us. $2M per ship passing through the Strait of Hormuz - paid in Bitcoin. This could be the reversal catalyst that drives Bitcoin back to new ATH's** Keep reading to find out why and check the Bitcoin Straight of Hormuz Demand Shock Analysis chart below!
Financial Times reports that Hamid Hosseini - spokesperson for Iran's Oil, Gas and Petrochemical Products Exporters' Union - confirmed that ships passing through the Strait of Hormuz will now pay a $2M toll per passage, in Bitcoin. Pre-war, conservatively, 36,000 ships transited the Strait annually. At $2M per passage, that's $72B in Bitcoin payments per year 😮 from shipping companies that are not sitting on crypto treasuries. That money comes off the open market. Every year. Continuously.
The Numbers 💹
For context: Bitcoin ETFs brought roughly $15B in new demand in their first year and sent the price from $28K to $73K. The Hormuz toll at full capacity is five times that figure - in a fraction of the time from new buyers. See the chart below - this dwarfs Saylor, the ETFs, Grayscale, and every other major demand catalyst in Bitcoin's history. Combined. And it's per year demand!
Despite its initial founding principles set out in the Bitcoin white paper - to be P2P cash free from central authority - Bitcoin has functioned almost entirely as a store of value. Digital gold. A HODL asset. This would be something different: mandatory, recurring, real-world utility demand at a scale the market has never seen.
This could send the price of Bitcoin skyrocketing to new all-time highs and create a sustainable market of mega buyers. Iran is known to use its low-cost energy for Bitcoin mining - they may already be significant holders and have every incentive to collect, hold, and watch the price rise.
The price is down less than 1% since the news broke. This is the most bullish use case Bitcoin has ever seen and the market didn't flinch. Will it have the opposite effect? Giving governments the excuse they need to crack down, increase taxation, and install new reporting requirements? Bitcoin all time high by December is showing only a 13% chance on Parti / Polymarket. Of course, it's a long shot this proposed system sustains and becomes the new standard, but Trump has already hinted at a joint venture and wanting to create an oil tollway that the US gets a piece of 💵

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