Bitwise CEO Points to Bitcoin Amid Iran’s Deepening Currency Crisis

Iran is experiencing a deepening currency crisis as its rial has plummeted, losing over 40% of its value since June 2025, leading to widespread protests across major cities. The rial's depreciation, coupled with 42.2% inflation in December, has severely strained Iranian families, causing shopkeepers to close in protest and leading to the resignation of the Central Bank Governor. Traditional safe havens like gold have seen their value double. In this context, Bitwise CEO Hunter Horsley highlighted Bitcoin as a new way for people to protect themselves against economic mismanagement and currency debasement. This view aligns with comments from figures like BlackRock CEO Larry Fink, who noted Bitcoin's utility as an internationally based instrument against local economic or political instability. While data shows increasing global use of crypto as an inflation hedge, the article notes that Bitcoin's volatility and potential government restrictions remain important considerations.

(Source：BeInCrypto)