Iran Running Out of Physical Currency, Satellite Broadcasts Dropped in Europe

iONiUM writes "In an interesting problem with physical currency, Iran is now running out of hard currency, due to a combination of inflation, and 'Koenig & Bauer AG of Würzburg, Germany, also says it has not responded to an Iranian request for bids to make the presses to print new rials.' Perhaps they should switch to BitCoin." In addition to not printing money for them, the European currency presses won't sell Iran the equipment needed to print their currency domestically (not unexpected with the embargo). pigrabbitbear adds: "Eutelsat Communications, one of the largest satellite providers in Europe, has just nixed its contract with IRIB, the Iranian state broadcasting company. While IRIB's programming is still mostly up and running in Iran, the decision means that 19 IRIB TV and radio channels have now been axed from Europe and much of the Middle East."

Comments

Outraged!

[Black Parrot]

Printing currency is a fundamental human right! Next thing you know, they be telling you and me that we can't print currency anymore either.

Leave it to honour

[tech49er]

In a society of such unquestionably uncorrupted morals and principals why is a non-repudiable currency even necessary?

Iranian BitCoins

[Anonymous Coward]

Iran switch to BitCoin? Noooooo! We can't let them do THAT! According to experts*, if they did that, all their financial troubles would evaporate overnight through the magic of cryptographicalityness! LOOK AT HOW CRYPTOGRAPHIC IT IS!!! Then unicorns would come back and fart rainbows and candy all over the country and they would become as GODS to us mere mortals with our non-cryptographic currency that isn't even SHA-1 hashed! We can't let that happen!

*: Read: "fanatics".

I have a solution for them...

[wbr1]

It's my new virtual currency called BLIT-Coin. It only draws currency on a screen. No printers needed.

Don't Worry, Guys!

[Greyfox]

About the time you hit the industrial era, you'll have the option to discover the printing press. And banking. Now unfortunately looking at your civilization's profile, you haven't even made it to the renaissance yet, so you still have a ways to go, but in a couple hundred turns, you'll be set!