Residents of El Salvador who pay for gas with Bitcoin using the Chivo wallet will receive a $0.20 discount for each gallon of fuel.
El Salvador's president said local consumers who use Chivo can now pay less for gasoline. On his twitter, he wrote:
State-owned company Chivo concludedagreement with the largest network of gas stations in the country. Starting tomorrow, these stations will sell every gallon of gas for $ 0.20 cheaper when paid with Chivo's wallet.
Bukele stressed that these discounts will not be limited. They can be used by both private and legal entities who use the state bitcoin wallet.
In the comments, not everyone supported the president's new initiative. User Adan_3840 wrote:
All of us will pay that 20 cents, right? Gas stations will not lose money, they will be reimbursed at the expense of taxpayers, many of whom even walk.
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Based on materialscointelegraph.com
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