Iran contemplating fighting US with Bitcoin

According to reports, the Iranian government has already researched Bitcoin and its possible benefits for its economy. Amir Hossein Davaee, Iran’s Deputy Minister of Information and Communication Technology has said “The ministry of communications and information technology has already conducted a number of research studies as part of efforts to prepare the infrastructure to use Bitcoin inside the country.” Source Azarnews

Iran encourages Russia to ditch the dollar

Iran has suggested isolating the US by ditching the dollar during a meeting yesterday with Russian President Vladimir Putin in Tehran. Remonstrating against US threats to impose new sanctions and cancel the nuclear agreement, Supreme Leader Ali Khamenei said: “We can nullify US sanctions, using methods such as eliminating the dollar and replacing it with national currencies in transactions between two or more parties; thus, isolate the Americans.” Source Middle East Monitor