I'm going to keep it short and sweet:

Step 1: Iran formally allows the use of crypto for international trade

Step 2: Iran signs EEU free trade agreement (see below screenshot for those that are "too free" to see the link)

Step 3: Iran-Russia start creating gold backed stablecoin

Step 4: Most people probably missed the gold rush as both hawkish investors and the nations in question already stacked up on gold

Now, what we are all wondering: Is this good or bad for Bitcoin? A little bit of both really. Why go through all this and still entrust on centralization and gold vaults while Bitcoin was right there in front of you? Because they don't trust Bitcoin and it's fluctuating value. Not at this scale and for bulk transactions with these figures anyway. Russia did talk about entrusting Bitcoin as payment for natural resource exports, but that still requires importing nations willing to do the same and start collecting Bitcoin to use as payment.

You know what would be really cool and actually not all that far fetched? If next football clubs paid for transfers with Bitcoin and we'd have headlines like "Messi transferred back to Barcelona for 1000 Bitcoin"😎