Post
Topic
Board Press
Re: [2021-06-25] El Salvador Will Airdrop 30$ Worth Bitcoin to Its Citizens
by
SFR10
on 25/06/2021, 10:08:36 UTC
At present, the adult population of Salvadorians is around 6 million. Therefore, if the government were to airdrop $30 to each of them, they must have invested around $190m to execute this.
Due to the following reasons, I don't think they'll be investing that much:

  • The estimated adult population that's been circulating lately is inaccurate [from what I've seen, it's closer to 4.5 - 4.7 million instead].

    Assuming all 4.5m adults in El Salvador take up this offer, it’s roughly a 2.5% overnight boost to #bitcoin’s global user count.
  • Not all of them will use BTCitcoin while the rest of BTCitcoin users might opt for other known wallets instead of "Chivo e-wallet", especially those that hate going through some sort of KYC process [e.g. Facial recognition].
    - Here's the "video".