The actress and mannequin Alejandra Guajardo represented El Salvador within the preliminary competitors of the Miss Universe 2022 pageant carrying a Bitcoin costume throughout her stroll on stage.
In a January 12 submit on his Instagram account tagging the President of El Salvador, Nayib Bukele, Guajardo was proven strolling gracefully with a large colon — one of many accepted currencies within the nation till 2001 — strapped to his again adorned with cocoa beans.. In her proper hand, the contestant carried a cane topped with a big bodily Bitcoin (BTC).
“This look represents the financial historical past of El Salvador”mentioned the presenter of Miss Universe. “For a very long time, cocoa was used after which the colón, till it was changed by the US greenback. In 2021, El Salvador turned the primary nation on this planet to make use of Bitcoin as authorized tender. You do not want a belt to stroll wearing money”.
The plastic artist Francisco Guerrero designed the swimsuit of the coin, with BTC on the entrance, presumably representing the way forward for the foreign money in El Salvador. It’s unclear if the federal government or Bukele might have had a job in selling cryptocurrency to a world viewers. Bukele used his Twitter account to report a number of BTC purchases following El Salvador’s adoption of the crypto-asset as authorized tender in September 2021.
As a part of the competition format, 16 semifinalists will advance after the preliminary competitors. There are contestants representing 84 international locations within the 2022 occasion.
Guajardo’s transfer to the New Orleans stage got here after El Salvador’s legislature authorised a invoice geared toward offering a framework for Bitcoin-backed bonds. The nation’s pro-crypto lawmakers proposed utilizing such bonds to repay sovereign debt and finance the development of a volcanic-powered Bitcoin Metropolis.
BoxNews contacted Francisco Guerrero, however didn’t obtain a response, as of press time.
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