Bitcoin crashes on first day as El Salvador’s legal tender – BBC News

https://www.bbc.com/news/business-58459098

…The government has even given Salvadorans $30 each of Bitcoin to encourage

its adoption. It says bitcoin could save the country $400m a year in
transaction fees on funds sent from abroad.

However, using data from the World Bank and the government, the BBC calculates this to be closer to $170m…