Bitcoin Emerges in Debate as Iranians Seek Protection from Currency Crash

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As Iran’s currency crisis worsens, Bitcoin has entered the global conversation as a potential hedge against currency collapse. Bitwise CEO Hunter Horsley argued that Bitcoin offers people a way to protect themselves from economic mismanagement and long-term fiat debasement.

Human Rights Foundation strategist Alex Gladstein highlighted the scale of Iran’s collapse, noting the rial traded at just 70 per dollar in the early 1980s. Today’s exchange rate underscores how decades of policy failures have reshaped daily life for millions of Iranians.