I'm in for $1,000 tomorrow to cover you slackers who are too cheap to buy your $30 share!

I do have a question though..

1) where is the $30 worth of Bitcoin (0.00058) for each citizen coming from? Is the government really going to open a wallet for every citizen and deposit that much into each account?

2) In other words... is this opt-in.. or opt-out, for citizens of El Salvador?

3) Have they already purchased the coin or are we going to see a MASSIVE in-flow of buy orders tomorrow?

4) How are they giving citizens the keys to their wallets?

I'm just scratching my head over the logistics here...

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Population of El Salvador: 6.45 million

Price of one bitcoin: $51,700

Each resident gets: 0.00058 btc

Total number of Bitcoin needed: 3,741

Cost of that much Bitcoin: $193 million

submitted by /u/exmobrian
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