FWB041

A Practical Bitcoin Guide for Iranians Under Financial Repression

A Practical Bitcoin Guide for Iranians Under Financial Repression

synopsis

Mandana and Ian dedicate this episode to the Iranian revolution, connecting Bitcoin to the struggle of Iranians fighting for regime change. They walk through practical steps for Iranians to convert tomans to bitcoin using the Nobitex exchange, move it off-exchange for privacy, and use tools like CoinJoin/Whirlpool to protect against tracking. The episode is deeply personal — Mandana is Iranian-born and uses her platform to provide actionable guidance.

quotes

Ian: "Money is where everyone derives their power from. If I control the money I control if you eat."
Ian: "In the 70s there was no alternative... all they can do is try to convince you that it's for criminals... because literally they cannot stop it."
Mandana: "I don't really think that Iranians in Iran and Iranians around the world can afford not paying attention and understanding what bitcoin is anymore."
Ian: "The bad guys already have all the tools... once you get to a certain level you just get access to that. It's the people that are not wealthy that have no tools."

topics

Iranian revolution and the Mahsa Amini protests (40+ days in)Bitcoin as escape valve from authoritarian financial repressionPractical guide: Nobitex exchange (nobitex.ir) for toman-to-bitcoin conversionSelf-custody: moving bitcoin off exchanges to software wallets (Moon Wallet, Blue Wallet)Privacy tools: CoinJoin and Whirlpool for obfuscating transactionsSanctions as a tool that hurts people, not governmentsBitcoin as "opting out" of a regime's financial systemThe Iranian diaspora and cross-border financial supportComparison to Canada (trucker protests), Lebanon, Sri Lanka
published
November 11, 2022
full show notes
open