After the Iranian Rial fell below 1,420,000 against the US dollar, a chain reaction in the financial system was triggered. Since June, dual blows from external sanctions and internal economic structural imbalances have caused the Rial to depreciate over 40% in just a few months. Bank runs have occurred frequently, and the central bank governor resigned in disgrace under pressure. The entire financial system plunged into chaos, and ordinary people's savings instantly shrank.

Faced with asset devaluation, Iranian families began seeking channels to preserve their wealth. BTC, as a non-sovereign asset, naturally became the first choice for many. But ironically, the central bank's response was not to solve the economic problems but to rush to ban Bitcoin trading, attempting to force the public back into the Rial system. The result? The ban backfired—BTC activity in Iran's informal markets actually doubled.

This actually reflects a fundamental contradiction. The core competitiveness of crypto assets lies in decentralization. You can shut down centralized exchanges, but you cannot stop peer-to-peer OTC trades; you can freeze accounts, but you can't suppress people's desire to protect their wealth. History has proven this—those countries that have tried to ban and kill crypto assets in the past have mostly given up in the end, as policies tend to loosen quietly under real-world pressure.

When fiat currency confidence collapses, decentralized alternatives become an unstoppable force.