Iran just launched Hormuz Safe — a Bitcoin-settled maritime insurance platform routing $10B in Strait of Hormuz shipping AROUND SWIFT. Bitcoin is now a geopolitical settlement layer. Canada take note.Iran's Ministry of Economy quietly switched on "Hormuz Safe" on May 16 — a state-backed platform that lets shipping companies buy insurance for transit through the Strait of Hormuz and settle the premiums in Bitcoin. Coverage activates the moment the on-chain confirmation lands. The Islamic Republic is projecting more than $10 billion in annual revenue from a service explicitly designed to bypass SWIFT, dollar rails, and Western insurers. The Strait carries roughly 20% of global oil. Bitcoin is no longer a retail speculation — it's a sovereign workaround layer for the most contested chokepoint on the planet. Canadian shippers, energy traders, and compliance officers will be navigating this for years.In this episode of the Canadian Bitcoiners Podcast:🛢️ Iran's "Hormuz Safe" — Bitcoin-settled insurance for 20% of the world's oil supply⚓ Why $10B in Strait of Hormuz transit fees just became a Bitcoin demand signal🇨🇦 Carney signals openness to selling Canadian ports — sovereignty for sale🏚️ Mortgage Company of Canada halts redemptions as residential losses accelerate⚖️ Federal judge halts deportation of Humboldt Broncos truck driver after 3.5 years served🚛 Ontario AG: trucking schools delivered 59 hours of training instead of 103, 54 schools never inspected👮 OPP probes Scarborough councillor, ServiceOntario insider arrested in licence bribery sweep🤖 Claude AI cracks 9-year-old encrypted Bitcoin wallet — 5 BTC recovered from a dead college laptop⛏️ NEXUS S1 desktop miner: 10 TH/s on 100 watts — home mining gets serious🏔️ Alberta separation petition quashed by judge in First Nations challengeThe throughline this week: institutions everywhere — Iranian ministries, US state pensions, Canadian regulators, lending companies, courts — are reorganizing themselves around Bitcoin's existence. The ones that adapt get optionality. The ones that don't get bypassed. We talk about who's doing which.Sources: CoinDesk, Bitcoin Magazine, Bloomberg, The Block, Financial Times, Fars News Agency, Toronto Star, National Post, Globe and Mail, APTN News, CityNews Toronto, CP24, Cointelegraph— Canadian Bitcoiners Podcast- Website: https://canadianbitcoiners.com- X: @CDNBitcoiners- Subscribe & turn on notifications————————————————————————————————SPONSORS🔒 easyDNS — Canadian-owned, ICANN-accredited registrar that has accepted Bitcoin since 2013. Domains, DNS, email, hosting, all without selling you out. Use promo code CBPMedia for 50% off your first purchase, no limits.→ https://easydns.com⚡ Bull Bitcoin — Canada's non-custodial, Bitcoin-only exchange. Founded 2013 in Montreal. They never hold your keys; you self-custody from day one. CBP listeners get 25% off fees for life.→ https://app.bullbitcoin.com/registration/cbp🔥 256 Heat — Hashrate heaters: Bitcoin miners purpose-built to heat a space. Every watt of electricity becomes heat AND hashrate, so you're warming your space and stacking sats at the same time. Custom solutions available. Tell them CBP sent you for a discount.→ https://256heat.com🎓 Bitcoin Mentor — One-on-one coaching to take you from "I bought some Bitcoin" to true self-sovereign ownership. Wallets, keys, collaborative custody, inheritance planning, node setup, the whole stack. 30-day money-back guarantee on every package.→ https://btcmentor.io/aff/joey————————————————————————————————FOLLOW THE SHOW🎙️ CBP — https://x.com/CanadianBTCPod👤 Joey — https://x.com/joeytweeets👤 Len — https://x.com/thebtcpricebot————————————————————————————————#Bitcoin #HormuzSafe #Iran #StraitOfHormuz #CanadianBitcoiners #BitcoinCanada #BitcoinNews #CarneyGovernment #MortgageCompanyOfCanada #CanadianInsolvency #HumboldtBroncos #MichaelSaylor #Strategy #MSTR