Scott Wolfe
33.2K posts
@ScottAWolfe
Global Coordinator @FBCEglobal | Board Member @TPB_Inc | Collaborator @BTCToronto_ | npub15m9yc697s82zzy652py0uddmpp5e9xl0920vg6lau9n39fnnzsys6mq643
Nobody is asking why Bitcoin rallied during a war. The answer is Iran. - Iran mines Bitcoin for $1,300 per coin. The cheapest on earth. - The IRGC runs the operation. Every coin gets sold to fund imports and bypass US sanctions. - They’ve been dumping tens of thousands of BTC on the open market for years. Constant invisible sell pressure. - Then the US bombed their power grid. Mining went offline overnight. The hashrate dropped within hours. - The sell pressure that nobody knew existed just vanished. The US accidentally made Bitcoin more scarce by bombing the world’s cheapest mining operation. And nobody is connecting the dots.
The US didn't just attack Iran. It closed the Strait of Hormuz itself, and nobody's talking about the real reason why. @anasalhajji, one of the most respected energy analysts in the world, just published an extraordinary breakdown of what's actually happening in the Strait of Hormuz. The short version: Iran didn't close it. Insurance companies did. And the US has every incentive to let it happen. Here's what actually occurred. Emails were sent to oil and LNG tankers claiming to be from the IRGC, saying the strait was closed. No official Iranian statement backed this. Nobody knows who actually sent the emails. But within hours, European insurance companies canceled policies or jacked premiums so high that tanker operators couldn't move. Cargo ships and container vessels passed through fine. Nothing happened to them. Only oil and LNG tankers were affected. Why? Notably, the administration has not criticized the insurance companies or pushed back on rising oil prices, a departure from its usual stance of vocally opposing anything that raises energy costs for American consumers. Meanwhile, Venezuelan oil was pre-positioned in US ports before the crisis began, specifically to replace Iraqi crude that would be cut off by a Hormuz closure. That doesn't happen by accident. The 2025 National Security Strategy document lays out the framework: US dominance runs through AI, and AI runs through cheap, abundant energy. The strategy is to make energy cheap domestically and expensive for competitors. To do that, you need control of global chokepoints: Panama Canal, the Red Sea, Greenland's Arctic passage, and now Hormuz. The Hormuz disruption accomplishes several goals at once. It forces Asian companies to abandon long-term LNG contracts with Qatar and the UAE in favor of American suppliers. It cripples competitor access to fertilizer exports (33% of global supply transits Hormuz). It drives chip manufacturers to reshore to the US. And Trump's offer to provide Navy escorts and US-backed insurance for tankers gives America indirect control over the strait indefinitely. The biggest beneficiaries of a closed Hormuz are the US and Russia. The biggest losers are Europe, Asia, and the Gulf states themselves. Iran is the excuse. Energy dominance is the goal.
The oil market has fragmented: Oil is now trading for $150/bbl in Asia (except the occasional sanctioned Iranian tanker) where demand destruction has started. China and India most pressured. Meanwhile it is still $100 in the US
BREAKING: SQUARE TO AUTO-ENABLE BITCOIN PAYMENTS FOR MILLIONS OF SELLERS Square will auto-enable Bitcoin payments for all eligible sellers starting March 30, 2026, according to an updated Terms of Service notice sent to users. The change means millions of businesses using Square could soon begin accepting Bitcoin by default, rather than opting in manually. The rollout is part of Block’s broader push to integrate Bitcoin payments across its ecosystem, leveraging the Lightning Network for fast, low-cost transactions. Sellers will still have the option to disable the feature or automatically convert Bitcoin to USD at the point of sale. With Square powering millions of merchants globally, this marks a major step toward making Bitcoin a standard payment method in everyday commerce.
LATEST: @Mastercard breaks down how its crypto cards will allow small businesses to accept crypto. Mastercard crypto cards will let users pay with crypto while the transaction is processed in fiat on the Mastercard network behind the scenes.
The CAF Appeal Board decided that in application of Article 84 of the Regulations of the CAF Africa Cup of Nations (AFCON), the Senegal National Team is declared to have forfeited the Final Match of the TotalEnergies CAF Africa Cup of Nations (AFCON) Morocco 2025 (“the Match”), with the result of the Match being recorded as 3–0 in favour of the Fédération Royale Marocaine de Football (FRMF). cafonline.com/news/caf-appea…
just had Morocco come in and collect Senegal’s order
Bombshell: #Morocco is declared the winner of the 2025 #AFCON by the @CAF_Online Appeals Board, taking away the #AFCON title from #Senegal. cafonline.com/news/caf-appea…
The CAF Appeal Board decided that in application of Article 84 of the Regulations of the CAF Africa Cup of Nations (AFCON), the Senegal National Team is declared to have forfeited the Final Match of the TotalEnergies CAF Africa Cup of Nations (AFCON) Morocco 2025 (“the Match”), with the result of the Match being recorded as 3–0 in favour of the Fédération Royale Marocaine de Football (FRMF). cafonline.com/news/caf-appea…
