Bitwise CEO Hunter Horsley touts Bitcoin as Iran’s rial hits 1.42 million per USD

Over the weekend, Iran’s rial fell to a record 1.42 million per US dollar, and on Monday Central Bank Governor Mohammad Reza Farzin resigned. Protests spread across major cities as shopkeepers staged two days of strikes. Bitwise CEO Hunter Horsley framed Bitcoin as protection against monetary failures, posting his remarks on December 29, 2025.