Since June last year, the Iranian Rial has continued to depreciate, with a decline of 40%. An ordinary Iranian family could once support the entire household with their wages; now, basic necessities have become a luxury. Frequent turbulence in the banking system and resignations of central bank executives are not isolated incidents but the result of long-term economic policy mistakes combined with external pressures.

In this storm, Bitcoin has gradually become a "hedging tool" for the Iranian people. But to be honest, BTC is not a savior for Iran, nor can it solve the fundamental problems of the country's economy. The contradiction here is worth pondering: why has a crypto asset become a rational choice?

The answer lies in two core characteristics. The first is decentralization—BTC is not controlled by any single institution. The second is scarcity—the total supply is fixed and cannot be devalued through human intervention. Compared to the fiat currency system, where issuance rights are highly centralized, and if decision-makers make mistakes or face external pressures, the currency can become "worthless paper." These two features of crypto assets precisely expose the most vulnerable parts of the traditional financial system.

From a market logic perspective, the true value of crypto assets is never revealed during economic prosperity but is amplified during economic chaos. Iran's example vividly illustrates this—when the fiat currency credit system collapses, decentralized and non-political assets become the last safeguard. This is not a proof of BTC's "victory," but a warning of the risks exposed in the existing financial order.