Hey everyone, happy to finally join.
I’m PersianStacker, writing from Iran. I’m mostly interested in bitcoin, markets, and what economic uncertainty does to the way people save, plan, and think.
Living here gives me a different angle on inflation, currency stress, and why financial optionality matters. I’m sure I’ll do more learning than teaching, but hopefully I can add something useful from time to time.
Looking forward to the conversations here.
have people managed to do much with btc during the internet outage? how do people usually aquire sats in Iran , in general?
From my own experience, when international internet access was effectively cut off in Iran, there was very little anyone could do online.
To give you a sense of it: I couldn’t reliably watch YouTube, and even sending a message on Telegram or WhatsApp was often impossible. So if basic internet use was barely working, using bitcoin — or acquiring sats — was even harder in practice.
Once connectivity is gone, wallets can’t communicate properly, exchanges are unreachable, and most people are simply stuck.
could something like machankura be a viable option #40804?
also, how are things going with inflation at the moment and what are most average people using as hedges?
Machankura-style solutions are interesting, but in practice they’re not really viable here.
Most people don’t use USSD for anything beyond basic mobile operations, and Bitcoin over USSD is still too niche and unfamiliar. During internet shutdowns, people mostly fall back to cash because nothing else reliably works.
Inflation is still a constant background pressure. Everyone feels it, even when the official numbers look calmer.
The most common hedges for regular people are physical USD, gold coins, and in some cases small amounts of Bitcoin for those who are comfortable with self-custody. Real estate is a hedge too, but it’s far beyond what the average person can access anymore.
Do you think this unfortunate event will teach people about the need for sovereign infrastructure, self hosting, high speed meshnets such as FIPS, Yggdrasil and CJDNS and p2p in general?
Or is the common sentiment “oh no there’s nothing we can do in case this happens again!”?
Khosh amadid! I read the Shahnameh in college and since then have maintained an interest in irianian literature. Looking forward to seeing you around.
Woooow Thank you! It’s great to meet someone here who appreciates the Shahnameh.
Ferdowsi’s stories are deeply rooted in our culture, especially the themes of standing strong through difficult times. I hope to bring some of that perspective here—looking at markets and life through the lens of someone who lives in constant uncertainty. Happy to be here!
If you (cross)post those thoughts in ~econ, we’ll probably make it worth your while.
Thanks for the suggestion! I have a lot to share about the economic reality here and how it shapes people's behavior. I'll make sure to post my future thoughts in ~econ.
Love it! There’s been a lot of interest in those sorts of posts from around the world.
Really glad to have an Iranian perspective here.
Thanks, I really appreciate that. Glad to be here.🙏🙏
What's life like at the moment?
How are you online right now?