HORMUZ SAFE - Bitcoin For Oil in Iran | Canadian Bitcoiners Podcast 265 Pt 1
About this episode
The episode discusses Iran's launch of Hormuz Safe, a Bitcoin-settled maritime insurance platform for shipping in the Strait of Hormuz, and its implications for global oil supply and Canadian interests.
Iran just launched Hormuz Safe — a Bitcoin-settled maritime insurance platform routing $10B in Strait of Hormuz shipping AROUND SWIFT. Bitcoin is now a geopolitical settlement layer. Canada take note.Iran's Ministry of Economy quietly switched on "Hormuz Safe" on May 16 — a state-backed platform that lets shipping companies buy insurance for transit through the Strait of Hormuz and settle the premiums in Bitcoin. Coverage activates the moment the on-chain confirmation lands. The Islamic Republic is projecting more than $10 billion in annual revenue from a service explicitly designed to bypass SWIFT, dollar rails, and Western insurers. The Strait carries roughly 20% of global oil. Bitcoin is no longer a retail speculation — it's a sovereign workaround layer for the most contested chokepoint on the planet. Canadian shippers, energy traders, and compliance officers will be navigating this for years.In this episode of the Canadian Bitcoiners Podcast:🛢️ Iran's "Hormuz Safe" — Bitcoin-settled insurance for 20% of the world's oil supply⚓ Why $10B in Strait of Hormuz transit fees just became a Bitcoin demand signal🇨🇦 Carney signals openness to selling Canadian…
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