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Author Topic: Get a $0.20 per gallon discount on petrol when paying with Bitcoin.  (Read 187 times)
batang_bitcoin
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October 05, 2021, 08:19:17 PM
 #21

I actually need this. The sudden hike for the petrol products, I'm surprised to see that it's happening that quick. I won't mind paying a few sats for my petrol when I travel so I get a discount and it will lessen the expenses that I have that's dedicated for petrol. I'll just use their wallet for this purpose but only if I'm residing there. There's no one that's being forced to avail such service and incentive, there's still a free will whether you'll pay in bitcoin and use their wallet.



 

 

 

 

 

 


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Kusman
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October 05, 2021, 08:50:06 PM
 #22

This might be an attracting decision for people who have a car. El Salvador should do whatever they need to affect people into using Bitcoin as a payment method. Considering there are so many people who use gas stations, it would be ideal to try drawing people's attraction to Bitcoin there. If they don't have enough demand for Bitcoin in their country, then all of their effort will be for nothing.

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24Kt
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October 05, 2021, 08:59:41 PM
 #23

The article raises some obvious concerns which is worth discussing. Starting from the launch, many were skeptical of the government's reason to stipulate that people use a particular wallet service as it goes against free will that bitcoin promotes, now the discount policy only applies to people that pay using the designated wallet service. Creating a business and having a whole country patronize you would yield good profits.

The other criticism was about who pays for the discount; the obvious answer would be the government through tax payers money, so the citizens are paying for it.

I believe the government is the one who pays the discount and the discount is given to users who use bitcoin wallets designated by the government. I think it is the bitcoin tax that is given back as a discount for the designated wallet users.
this is one of the advantages if bitcoin has been legalized by the government in a country, residents in that country will definitely receive the positive impact of bitcoin.

Whether the taxpayers or the government who will pay for the discount, this move will actually encourage their citizens to use their government's designated wallet and use bitcoin in their supposedly daily expenditures. Once they got a hold of how bitcoin works using other decentralized wallets, they can always separate their activities from their regular expenses (petrol, and others), if they want to have privacy with other crypto transactions. Only a matter of time how they will discover other means how to take care of their privacy when it comes to crypto transactions. At least, this is initial step on how to get oriented with btc transactions.
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October 05, 2021, 09:18:53 PM
 #24

This is a right move in the right direction, as this move will encourage people to adopt Bitcoin and will further strengthen the existing legal backing to the use of Bitcoin in that country. Petroleum is one of the most

 consumed commodity within the society.
Yes of course it's right time but they will not adopt it provided that government is involved, if you understand the concept of op via this thread, it's very opened that government want to have their own bitcoin wallet which From the nature of things they can as well manipulate bitcoin, so endorsing bitcoin for purchasing or for buying of goods and services legally is of their own detriment.

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