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Gasoline price in El Salvador will now be $0.20 cheaper if bought with Bitcoin

Gasoline price in El Salvador will now be $0.20 cheaper if bought with Bitcoin



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29 Comments

  1. This is only partly true.

    The Chivo wallet isn’t just a Bitcoin wallet, but also a USD wallet.

    The discount applies to the wallet, not to the payment method.

    Gasoline will be $0.2 cheaper if bought with Chivo wallet, not if bought with Bitcoin.

  2. So, basically that is the ‘Scumbag Banker Tax’, ¢.20 a gallon, 20 gallons and you alone have given them $4.00. What else can it be when you cut out the bankers? In the U.S. 338M gallons of gasoline are used every day, $67.6M PER DAY.

  3. This type of discounts will be seen more and more (many stores already have it), since by charging in Bitcoin sellers save a lot of money that goes to credit card companies in minimum commissions for each sale plus percentages of the total sale. In addition, the sale with Bitcoin is final and irreversible, which is very favorable for the seller, since every year sellers (especially wholesalers) lose a lot of money in forced refunds, often unjustified, to the buyer.

  4. Oh shit he better be careful in what he’s valuing fossil fuels in… that is a touchy nerve that has worked out poorly for others before. He needs to get more international small adoption before he starts swinging at this piñata on his own…

What do you think?

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