from Hacker News

Bitcoin: El Salvador plans to make cryptocurrency legal tender

by throwmemoney on 6/6/21, 9:16 PM with 8 comments

  • by greyface- on 6/6/21, 9:21 PM

  • by jasonlaramburu on 6/6/21, 9:33 PM

    A single BTC transaction (on-chain) costs $5.56 in fees today. Minimum wage in El Salvador is around $300/month. How will people in-country afford this? Even the lightning network requires paying for periodic on-chain transactions.