Iran just launched "Hormuz Safe," a Bitcoin-settled insurance program for cargo ships navigating the Strait of Hormuz. Some will see this as just news. Naysayers will say this is proof that Bitcoin is a tool for criminals and sanctioned regimes. And honestly, they are not entirely wrong. But here is the thing they are missing. In 1933, the US government issued Executive Order 6102, forcing ordinary American citizens to hand over their gold to the Federal Reserve at a fixed price. Not a request. A legal order. Your property, gone, because the government decided it needed to be. In 2022, the Canadian government froze the bank accounts of truckers and their donors during a protest. No court order. No warning. Just access, revoked. Bitcoin donations to that same convoy could not be touched. These were not criminal regimes. These were two of the most stable democracies in the world. Bitcoin does not care who you are, where you live, or what your government thinks of your choices. You can call that a flaw. Or you can call it the point. Cash has funded crime for a century. The internet enables fraud every single day. We did not ban either, because the utility to the many outweighed the misuse by the few. Bitcoin is not a promise of a perfect world. It is optionality. The ability to store and move value without asking permission. History keeps reminding us why that matters, even when things seem fine. Especially when things seem fine.(Lark Davis)