Bitcoin is doing its show – Against all odds (or rather against banks and the IMF), the Salvador succeeded in adopting Bitcoin (BTC) as legal tenderSeptember 7, 2021. The small Central American country seems very proud of its money choice, since its representative in the competition for Miss Universe decided to parade in an outfit that shone with a thousand bitcoin-esque lights!
El Salvador has Bitcoin in its blood, and down to its fingertips
Despite the hostility of bankers and supranational organizations such as the IMFpresident Nayib Bukele and parliamentarians from Salvador have made their choice Bitcoin as national currency.
Salvadoran actress and model Alejandra Guajardo participated in the Bitcoin game during the competition selections Miss Universe. Her outfit was more specifically meant to highlight “different currencies throughout history” of El Salvador.
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Miss Salvador proudly presents her country’s cryptocurrency
Whose Salvadoran colon (in force from 1892 to 2001) stands on the back of the lovely representative of the Central American nation, we can clearly distinguish the little new bitcoin as the main decoration of his ceremonial staff.
This very golden and sparkly costume (also reminiscent of means of payment gold) was made by the artist Francisco Guerrero. Note that the US dollar is absent of the outfit, even though it was the small nation’s sole currency between 2001 and September 7, 2021 (necessary but unwanted, perhaps?).
Alejandra Guajardo comments on Bitcoin’s arrival in El Salvador with these words via her Instagram account:
“(…) As a country with a real vision of positive change for the future, El Salvador became the first country in the world to use cryptocurrencies as legal tender when it adopted Bitcoin in 2021. (…)”
And the story of cryptoassets in El Salvador does not what to start. In fact, it is only a few days ago (January 11, 2023) that the legislators of the Assembly of El Salvador adopted news “Act on Issuance of Digital Assets”. The latter will especially allow the arrival of “Volcano Tokens” : the very first government bonds in the world based on bitcoin.
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