Iran was bombed, the Supreme Leader was killed, and I remembered that 40 million yuan debt that was owed to me.

As a former foreign trade professional, I have experienced setbacks in Iran. In 2017, we exported drill pipes worth over 40 million RMB to the National Iranian Drilling Company (NIDC). As a result of sanctions, various excuses, and bureaucracy, they owed us this money for exactly 9 years. Now, it's gone for good🥲
Since the moment the US reimposed sanctions on Iran in 2018, the local currency, the Rial, has been in free fall. When we signed the contract, 1 USD could exchange for 35,000 Rials. Today, that number has skyrocketed to 1.66 million. Over these nine years, the savings of ordinary Iranians have nearly been wiped out.
Due to massive oil and gas subsidies, Iran's industrial electricity rates are extremely low. In the relatively stable years before the political upheaval, it is said that the cost to mine a Bitcoin in Iran was only $1,000. For institutions like NIDC, which are vital energy organizations, they would complain about lacking foreign exchange and being unable to pay, while secretly converting cheap electricity into Bitcoin using their official positions. In the end, this became their running capital, leaving behind a pile of unpayable bills and a battered credit system.
Let's share a quote from Yishi, founder of Onekey, for encouragement🫡🫡
The backing behind fiat currency is national authority.
But the fatal weakness of national authority is that it has no constraints.
What Bitcoin plays is precisely the anti-inflation tool against the fiat system.
Its essence is a Rug pull on fiat currency.
The long night is coming; from tonight, you must watch and never rest until death. Dedicate your life and honor to the Night Watchman—so it is tonight, and so it shall be every night.
Remember, hold on to your Bitcoin.
This is a photo of the ship being loaded at Zhanghua Bay Pier in Shanghai Port in early 2018.