The latest episode of Bitcoin Policy Hour delves into the potential geopolitical shifts stemming from the Iran oil crisis and its implications for Bitcoin. Hosts Ken, Zack Shapiro, and Zack Cohen discuss the intensifying U.S.-China competition and the role of Bitcoin in the Indo-Pacific region. The episode also covers the potential for U.S. military involvement in Iran and the challenges of obtaining reliable information on the conflict. Additionally, the discussion highlights the use of the Lightning Network for AI agent payments, emphasizing Bitcoin's suitability for robotic transactions. The episode concludes with insights into the ongoing Bitcoin tax bill debate, including the Bitcoin de minimis tax exemption and the implications of Basel III's capital requirements.