Comment by LurkandComment

The Strait of Hormuz is a such a historical f-up. 1) It cuts the oil supply 2) It creates the demand and infrastructure for non-US backed Oil 3) It gives Iran a revenue stream and domain over taxing the Strait where none existed before 4) Crypto happens outstide of reach of most sanctions 5) Not knowing your footing: This has now encompassed the placement of underseas cables and global connectivity 5) As time goes one, there are other shoes that will drop 6) Even if this resolves, things like decoupling the USD and Oil now have momemntum.