Prologue
Bitcoin is experiencing its most exciting period, not because its price has reached a new peak, but because the course of complex and violent global changes proves how accurate Bitcoin’s emergence and philosophy have been. The world has entered a phase where everything we see validates Bitcoin’s existence.
With each passing day, the credibility and authenticity of decentralized thinking become more apparent, and the decentralized world becomes increasingly accessible to humanity. However, this phenomenon does not occur equally in all countries and for all nations. In BRICS countries, decentralization has begun with a shift away from the dominance of the dollar, a topic we have addressed in this issue.
In Iran, however, the Central Bank continues to act in ways that reveal misunderstandings about the nature of the decentralized world while simultaneously behaving in ways that bear little relation to the country’s centralized laws. The 48-hour suspension of crypto exchange accounts at the beginning of November was one such damaging act. Legally, this action referred to Article 42 of the Central Bank law concerning anti-money laundering, but in practice, it was implemented to control currency rates. In other words, the intent, the action, and the law were unrelated.
The solution for crypto-assets lies in passing legislation through the Islamic Consultative Assembly (Parliament). Other methods, such as sectional regulation and self-regulation (SRO), can only be effective if they are defined through laws passed by Parliament.
Continued lawlessness in this area will lead to increased instability, the loss of security for entrepreneurs and users, and the disruption of Web3 development in the country.
Beyond the headaches of law and lawlessness, this issue includes a valuable and informative article introducing Layer 2 blockchains to our readers.
If there is any joy in publishing this magazine for me, it lies in exploring the cutting edge of blockchain technology and its practical applications. Imagining a future shaped by Web3, offering a world fundamentally different from today, is a source of encouragement. For this reason, articles about alternative solutions to SWIFT and the dollar, such as the mBridge model introduced in this issue, or the establishment of Crypto Nations, are some of the glimpses into the future that we provide in this magazine.
The U.S. elections and their outcomes are among the issues that deeply concern crypto enthusiasts. In the previous issue, we addressed Trump’s policies, which appear to reflect a superficial interest in crypto solely for the sake of control. In this issue, we have reviewed Kamala Harris’s plans, which overall have little connection to crypto and may even indicate her administration could be a staunch opponent.
We strive to expand and promote crypto-assets and their applications, both for Iran and humanity. On this path, your support is our most valuable asset.
Until the next issue, stay with us.
