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From Beauty Queen to Bitcoin Advocate: Miss Universe El Salvador 2022 Launches Ordinals CollectionMexican-Salvadoran ballet dancer and beauty queen Alejandra Guajardo, who was crowned Miss Universe El Salvador 2022 on August 13, 2022, has actively promoted Bitcoin adoption on social media. On April 23, 2023, she encouraged others to share their knowledge of Bitcoin with the women in their lives, emphasizing the potential for financial freedom and empowerment. On April 22, 2023, Guajardo took pride in representing her country at the most recent Miss Universe pageant and donning her national dress, showcasing El Salvador’s monetary history and innovative spirit, and highlighting the nation’s progress in Bitcoin adoption. Guajardo sported a costume featuring a “physical Bitcoin” during the national costume competition of the 71st Miss Universe pageant, held on January 14, 2023, in New Orleans. She explained on Instagram that the outfit symbolizes the history of El Salvador’s currency and its transformation from the Colón to the U.S. dollar, and finally to the adoption of Bitcoin as legal tender in 2021: “From 1892 until the dollar’s introduction on January 1, 2001, the Colón was El Salvador’s national currency. By adopting Bitcoin as legal cash in 2021, El Salvador established itself as a forward-thinking nation with a clear vision for the future. The history of El Salvador’s currency offers a window into the ways in which the country’s citizens have adapted to changing economic conditions.“ On March 8, 2023, she expressed her honor in launching her 30-piece Ordinal collection on International Women’s Day and urged women to strive for greater equality and economic empowerment in the technology industry. The following day, Guajardo shared her excitement about the Ordinal collection, which celebrates El Salvador’s historic Bitcoin adoption. The collection comprises 30 unique photos featuring the Bitcoin dress she wore at the Miss Universe contest. She encouraged her followers not to miss the opportunity to own one of these exclusive, one-of-a-kind pieces from the collection. Casey Rodarmor, the creator of the Ordinals project and former Bitcoin Core contributor, has explained in a blog post published on January 20, 2023 that the Ordinals protocol supports “inscriptions” on the Bitcoin blockchain. Inscriptions are digital artifacts created by inscribing sats with content using ord, which can be viewed with the ordinals explorer. Unlike many existing NFTs, inscriptions do not require a separate token, a side chain, or changes to the Bitcoin protocol. Rodarmor believes that inscriptions are a type of NFT held to a higher standard as true digital artifacts. For an NFT to be considered a digital artifact, it must be decentralized, immutable, on-chain, and unrestricted. In contrast, many NFTs are not fully on-chain, are on centralized chains, and have back-door admin keys. Inscriptions, on the other hand, are true digital artifacts that are immutable and on-chain. They are created on the world’s oldest, most decentralized, and most secure blockchain and do not require individual auditing to determine their properties. On February 14, 2023, James Killick wrote an article for “Start With NFTs” that explained the differences between Stacks NFTs and Ordinals: “Inscriptions store all content immutably—rendering it impossible to remove any unauthorized or inappropriate material. When the transaction size increases, nodes may be required to pay higher fees and experience increased demands. As a consequence of the soaring acceptance of ordinals, the average block size has amplified, meaning greater fees per block. This could have an incredibly unfavourable impact on the Bitcoin community if it continues to grow exponentially. The recent NFTs and media on Bitcoin have already taken up a shocking 500 megabytes of storage, costing creators over 6 BTC (around $155K) in no time. That’s an incredible amount of money for such little memory!“ #Binance #crypto2023 #BTC #elsalvador #BullRun

From Beauty Queen to Bitcoin Advocate: Miss Universe El Salvador 2022 Launches Ordinals Collection

Mexican-Salvadoran ballet dancer and beauty queen Alejandra Guajardo, who was crowned Miss Universe El Salvador 2022 on August 13, 2022, has actively promoted Bitcoin adoption on social media.

On April 23, 2023, she encouraged others to share their knowledge of Bitcoin with the women in their lives, emphasizing the potential for financial freedom and empowerment.

On April 22, 2023, Guajardo took pride in representing her country at the most recent Miss Universe pageant and donning her national dress, showcasing El Salvador’s monetary history and innovative spirit, and highlighting the nation’s progress in Bitcoin adoption.

Guajardo sported a costume featuring a “physical Bitcoin” during the national costume competition of the 71st Miss Universe pageant, held on January 14, 2023, in New Orleans.

She explained on Instagram that the outfit symbolizes the history of El Salvador’s currency and its transformation from the Colón to the U.S. dollar, and finally to the adoption of Bitcoin as legal tender in 2021:

“From 1892 until the dollar’s introduction on January 1, 2001, the Colón was El Salvador’s national currency. By adopting Bitcoin as legal cash in 2021, El Salvador established itself as a forward-thinking nation with a clear vision for the future. The history of El Salvador’s currency offers a window into the ways in which the country’s citizens have adapted to changing economic conditions.“

On March 8, 2023, she expressed her honor in launching her 30-piece Ordinal collection on International Women’s Day and urged women to strive for greater equality and economic empowerment in the technology industry.

The following day, Guajardo shared her excitement about the Ordinal collection, which celebrates El Salvador’s historic Bitcoin adoption. The collection comprises 30 unique photos featuring the Bitcoin dress she wore at the Miss Universe contest. She encouraged her followers not to miss the opportunity to own one of these exclusive, one-of-a-kind pieces from the collection.

Casey Rodarmor, the creator of the Ordinals project and former Bitcoin Core contributor, has explained in a blog post published on January 20, 2023 that the Ordinals protocol supports “inscriptions” on the Bitcoin blockchain. Inscriptions are digital artifacts created by inscribing sats with content using ord, which can be viewed with the ordinals explorer. Unlike many existing NFTs, inscriptions do not require a separate token, a side chain, or changes to the Bitcoin protocol.

Rodarmor believes that inscriptions are a type of NFT held to a higher standard as true digital artifacts. For an NFT to be considered a digital artifact, it must be decentralized, immutable, on-chain, and unrestricted. In contrast, many NFTs are not fully on-chain, are on centralized chains, and have back-door admin keys. Inscriptions, on the other hand, are true digital artifacts that are immutable and on-chain. They are created on the world’s oldest, most decentralized, and most secure blockchain and do not require individual auditing to determine their properties.

On February 14, 2023, James Killick wrote an article for “Start With NFTs” that explained the differences between Stacks NFTs and Ordinals:

“Inscriptions store all content immutably—rendering it impossible to remove any unauthorized or inappropriate material.

When the transaction size increases, nodes may be required to pay higher fees and experience increased demands.

As a consequence of the soaring acceptance of ordinals, the average block size has amplified, meaning greater fees per block. This could have an incredibly unfavourable impact on the Bitcoin community if it continues to grow exponentially.

The recent NFTs and media on Bitcoin have already taken up a shocking 500 megabytes of storage, costing creators over 6 BTC (around $155K) in no time. That’s an incredible amount of money for such little memory!“

#Binance #crypto2023 #BTC #elsalvador #BullRun

Crypto remittances to El Salvador down 18% in early 2023According to recent data issued by the country's Central Reserve Bank (BCR) and cited by Agencia EFE, remittances in bitcoin and other cryptocurrencies transferred to El Salvador declined by 17.8% during the first two months of 2023 compared to 2022. El Salvador received a total of $15.98 million in cryptocurrency remittances, according to the statement. This is a $3.47 million decline from the same period last year, when the country received over $19.45 million in crypto remittances. Crypto remittances accounted for 1.34% of the total received. According to BCR Information, cryptocurrency remittances account for only 1.34% of total remittances received by the country, which totaled $1.2 billion as per the most recent report. Although the percentage decline in remittances over the last two months was about 20% compared to 2022, the truth is that the usage of cryptocurrency for international transactions has had no substantial impact on the Salvadoran economy since the enactment of the Bitcoin Law. The majority of Salvadorans send money through traditional methods, and the quantity sent is nearly the same. More than $7 billion in remittances will be transmitted to the Central American country by 2022, but just $126 million will be sent via cryptocurrencies, according to For Prens Latina. This demonstrates that President Nayib Bukele's proposed economic policy around Bitcoin has not yet resonated with Salvadorans, since the clear majority still chooses fiat services over crypto-powered options, despite high transaction prices and several other disadvantages. Many experts believe that one of the most plausible explanations is a lack of crypto education among the general people. When Bukele proposed the Bitcoin bill, which would make BTC legal tender, Salvadorans had no idea what the cryptocurrency was, how to use it, or what benefits it provided. Benefits of Bitcoin Law in El Salvador The bitcoin law may have had little impact on the remittance industry, but one industry is thriving as a result of Bukele's crypto obsession: tourism and foreign investment. According to Bukele, tourism in El Salvador has surged by 95% since the bitcoin law was implemented. Furthermore, during an interview, the president stated that "there are many bitcoiners who want to move to a country where bitcoin is legal tender." Similarly, Murray Valdez, El Salvador's tourism minister, stated in early 2022 that the country has become an appealing destination for Americans, who account for 60% of total trips. The President has also mentioned it as a means of highlighting his war on organized crime. On the other hand, the president's excitement for bitcoin has helped him create ties with pro-bitcoin US politicians such as Texas deputy secretary of state Jose "Joe" Esparza, with whom he is also contemplating the establishment of a second bitcoin embassy. As a continuation of past economic and commercial exchange ventures. He has also formed contacts with prominent crypto influencers such as Max Kaiser, Stacey Herbert, Ray Joseph, and Jack Mollers, which might help pump more money into the local business and boost the country's economy. #elsalvador #BTC #crypto2023 #crypto #cryptonews source: cryptopotato.com If you enjoy our content and want to show your support, please like, share, and follow us for more high-quality updates.

Crypto remittances to El Salvador down 18% in early 2023

According to recent data issued by the country's Central Reserve Bank (BCR) and cited by Agencia EFE, remittances in bitcoin and other cryptocurrencies transferred to El Salvador declined by 17.8% during the first two months of 2023 compared to 2022.

El Salvador received a total of $15.98 million in cryptocurrency remittances, according to the statement. This is a $3.47 million decline from the same period last year, when the country received over $19.45 million in crypto remittances.

Crypto remittances accounted for 1.34% of the total received.

According to BCR Information, cryptocurrency remittances account for only 1.34% of total remittances received by the country, which totaled $1.2 billion as per the most recent report.

Although the percentage decline in remittances over the last two months was about 20% compared to 2022, the truth is that the usage of cryptocurrency for international transactions has had no substantial impact on the Salvadoran economy since the enactment of the Bitcoin Law. The majority of Salvadorans send money through traditional methods, and the quantity sent is nearly the same.

More than $7 billion in remittances will be transmitted to the Central American country by 2022, but just $126 million will be sent via cryptocurrencies, according to For Prens Latina.

This demonstrates that President Nayib Bukele's proposed economic policy around Bitcoin has not yet resonated with Salvadorans, since the clear majority still chooses fiat services over crypto-powered options, despite high transaction prices and several other disadvantages.

Many experts believe that one of the most plausible explanations is a lack of crypto education among the general people. When Bukele proposed the Bitcoin bill, which would make BTC legal tender, Salvadorans had no idea what the cryptocurrency was, how to use it, or what benefits it provided.

Benefits of Bitcoin Law in El Salvador

The bitcoin law may have had little impact on the remittance industry, but one industry is thriving as a result of Bukele's crypto obsession: tourism and foreign investment.

According to Bukele, tourism in El Salvador has surged by 95% since the bitcoin law was implemented. Furthermore, during an interview, the president stated that "there are many bitcoiners who want to move to a country where bitcoin is legal tender."

Similarly, Murray Valdez, El Salvador's tourism minister, stated in early 2022 that the country has become an appealing destination for Americans, who account for 60% of total trips. The President has also mentioned it as a means of highlighting his war on organized crime.

On the other hand, the president's excitement for bitcoin has helped him create ties with pro-bitcoin US politicians such as Texas deputy secretary of state Jose "Joe" Esparza, with whom he is also contemplating the establishment of a second bitcoin embassy. As a continuation of past economic and commercial exchange ventures.

He has also formed contacts with prominent crypto influencers such as Max Kaiser, Stacey Herbert, Ray Joseph, and Jack Mollers, which might help pump more money into the local business and boost the country's economy.

#elsalvador #BTC #crypto2023 #crypto #cryptonews

source: cryptopotato.com

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#El Salvador has made a bold move to attract global investors by slashing income tax on foreign investments and rem$BTC $ETH $BNB ittances to zero. This strategic decision could turn the country into a magnet for Bitcoin enthusiasts seeking tax relief. đŸŒđŸ’ŒđŸš«đŸ”„ #HotTrends #elsalvador #btc #bitcoin
#El Salvador has made a bold move to attract global investors by slashing income tax on foreign investments and rem$BTC $ETH $BNB ittances to zero. This strategic decision could turn the country into a magnet for Bitcoin enthusiasts seeking tax relief. đŸŒđŸ’ŒđŸš«đŸ”„

#HotTrends
#elsalvador
#btc #bitcoin
#elsalvador ’s #Bitcoin‬ wallet gets sats, cats and a cypherpunk manifesto Following the public announcement by El Salvador President Nayib Bukele about the country's decision to store a significant portion of its Bitcoin holdings in a secure cold wallet, Bitcoin enthusiasts wasted no time in contributing approximately $700 worth of satoshis to the newly established "Bitcoin piggy bank." Within hours, dozens of donations flooded in, adorning the wallet with cherished "rare sats" and unique Ordinals. As of March 14, the wallet holds $388 million in Bitcoin, as reported by Bitcoin explorer Mempool. It's not just a currency repository but also stores cultural artifacts and support expressions. Contributions include 67 Ordinals donations, including BRC-20 tokens, text, images, a 3D "runestone," and even a copy of the "Cypherpunk Manifesto" by Eric Hughes from March 1993, advocating digital privacy. Moreover, the X account of HODL15Capital has expressed admiration for Bukele and El Salvador's transparent approach in this endeavor. The transfer of 5,689 Bitcoin into the wallet marks a significant increase from the previously reported holdings of 2,864 BTC, valued at $195 million, held in the government's treasury, according to the Nayib Bukele Portfolio Tracker. Bukele clarified that this figure excludes Bitcoin acquired through various government initiatives, such as the passport program, mining ventures, and conversion of $BTC to US dollars for local businesses. The fund transfer involved multisig authorization. Initially, 1,120 BTC ($76.5 million) was transferred on March 13 via a 3/5 multisignature process. Another significant transfer of 4,000 BTC ($273 million) occurred on March 14, shortly after Bukele's announcement. Bukele, reelected in February with over 80% of the votes, championed El Salvador's Bitcoin adoption since September 2021, making it the first nation to embrace Bitcoin as legal tender. Source - cointelegraph.com #CryptoNewsđŸ”’đŸ“°đŸš« #BinanceSquareBTC #cryptocurrency
#elsalvador ’s #Bitcoin‬ wallet gets sats, cats and a cypherpunk manifesto

Following the public announcement by El Salvador President Nayib Bukele about the country's decision to store a significant portion of its Bitcoin holdings in a secure cold wallet, Bitcoin enthusiasts wasted no time in contributing approximately $700 worth of satoshis to the newly established "Bitcoin piggy bank." Within hours, dozens of donations flooded in, adorning the wallet with cherished "rare sats" and unique Ordinals.

As of March 14, the wallet holds $388 million in Bitcoin, as reported by Bitcoin explorer Mempool. It's not just a currency repository but also stores cultural artifacts and support expressions. Contributions include 67 Ordinals donations, including BRC-20 tokens, text, images, a 3D "runestone," and even a copy of the "Cypherpunk Manifesto" by Eric Hughes from March 1993, advocating digital privacy.

Moreover, the X account of HODL15Capital has expressed admiration for Bukele and El Salvador's transparent approach in this endeavor.

The transfer of 5,689 Bitcoin into the wallet marks a significant increase from the previously reported holdings of 2,864 BTC, valued at $195 million, held in the government's treasury, according to the Nayib Bukele Portfolio Tracker. Bukele clarified that this figure excludes Bitcoin acquired through various government initiatives, such as the passport program, mining ventures, and conversion of $BTC to US dollars for local businesses.

The fund transfer involved multisig authorization. Initially, 1,120 BTC ($76.5 million) was transferred on March 13 via a 3/5 multisignature process. Another significant transfer of 4,000 BTC ($273 million) occurred on March 14, shortly after Bukele's announcement. Bukele, reelected in February with over 80% of the votes, championed El Salvador's Bitcoin adoption since September 2021, making it the first nation to embrace Bitcoin as legal tender.

Source - cointelegraph.com

#CryptoNewsđŸ”’đŸ“°đŸš« #BinanceSquareBTC #cryptocurrency
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Alejandra Guajardo:Miss Universe El Salvador 2022 Champion Promotes Bitcoin Adoption and EmpowermentAlejandra Guajardo Sada, the reigning Miss Universe El Salvador 2022, has been making waves in the beauty pageant world not just for her stunning looks and graceful moves as a professional ballet dancer but also for her vocal support of Bitcoin and its adoption in El Salvador. On August 13, 2022, Guajardo was crowned the winner of Reinado de El Salvador Universo 2022/ Miss Universe El Salvador 2022. Since then, she has been using her social media platforms to encourage her followers to learn more about Bitcoin and its potential for financial freedom and empowerment, particularly for women. twitter: Alejandra Guajardo | Miss El Salvador@MissElSalvadorr In fact, on April 23, 2023, Guajardo took to social media to call on her followers to spread knowledge about Bitcoin to the women in their lives. She emphasized the potential for financial freedom and empowerment that Bitcoin offers to individuals, especially those who are underserved by traditional financial systems. twitter: Alejandra Guajardo | Miss El Salvador@MissElSalvadorr Guajardo's advocacy for Bitcoin is not just limited to social media posts, as she has incorporated it into her public appearances as well. During the national costume competition at the 71st Miss Universe pageant on January 14, 2023, in New Orleans, Guajardo wore a costume that featured a "physical Bitcoin". The outfit symbolized El Salvador's currency history and its transformation from the Colón to the U.S. dollar, and finally to the adoption of Bitcoin as legal tender in 2021. Guajardo highlighted the country's progress in Bitcoin adoption, portraying it as a forward-thinking nation with a clear vision for the future. By doing so, the country's citizens have adapted to changing economic conditions by embracing Bitcoin. twitter: Alejandra Guajardo | Miss El Salvador@MissElSalvadorr Guajardo has also been active in promoting Bitcoin adoption through her fashion choices. On International Women's Day, March 8, 2023, she launched her 30-piece Ordinal collection, which celebrates El Salvador's historic Bitcoin adoption. The collection features 30 unique photos of Guajardo wearing the Bitcoin dress she wore at the Miss Universe contest. She encouraged her followers to own one of these exclusive, one-of-a-kind pieces from the collection. Guajardo's passion for Bitcoin adoption reflects the growing trend of digital currencies' acceptance worldwide. Her support for this innovative technology has put her in the spotlight not only in the beauty pageant world but also in the tech industry. By using her platform as a beauty queen, Guajardo is making a significant impact in spreading awareness and understanding of Bitcoin. In conclusion, Alejandra Guajardo Sada is a remarkable woman, a professional ballet dancer, and a beauty queen who has captured the hearts of many people worldwide. Her passion for Bitcoin and its potential for financial freedom and empowerment is inspiring. Her advocacy for Bitcoin adoption through social media, public appearances, and fashion choices has made her a leading voice in promoting this innovative technology. We are confident that her impact on the beauty pageant world and the tech industry will continue to grow, and we wish her all the best in her endeavors. #elsalvador #bitcoinadoption #BTC #bitcoin #cryptocurrency Source: conandaily, angelopedia, ownthatcrown & cryptoglobe image Source: pixabay / Alejandra Guajardo  twitter If you enjoy our content and want to show your support, please like, share, and follow us for more high-quality updates. Disclaimer The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.

Alejandra Guajardo:Miss Universe El Salvador 2022 Champion Promotes Bitcoin Adoption and Empowerment

Alejandra Guajardo Sada, the reigning Miss Universe El Salvador 2022, has been making waves in the beauty pageant world not just for her stunning looks and graceful moves as a professional ballet dancer but also for her vocal support of Bitcoin and its adoption in El Salvador.

On August 13, 2022, Guajardo was crowned the winner of Reinado de El Salvador Universo 2022/ Miss Universe El Salvador 2022. Since then, she has been using her social media platforms to encourage her followers to learn more about Bitcoin and its potential for financial freedom and empowerment, particularly for women.

twitter: Alejandra Guajardo | Miss El Salvador@MissElSalvadorr

In fact, on April 23, 2023, Guajardo took to social media to call on her followers to spread knowledge about Bitcoin to the women in their lives. She emphasized the potential for financial freedom and empowerment that Bitcoin offers to individuals, especially those who are underserved by traditional financial systems.

twitter: Alejandra Guajardo | Miss El Salvador@MissElSalvadorr

Guajardo's advocacy for Bitcoin is not just limited to social media posts, as she has incorporated it into her public appearances as well. During the national costume competition at the 71st Miss Universe pageant on January 14, 2023, in New Orleans, Guajardo wore a costume that featured a "physical Bitcoin". The outfit symbolized El Salvador's currency history and its transformation from the ColĂłn to the U.S. dollar, and finally to the adoption of Bitcoin as legal tender in 2021. Guajardo highlighted the country's progress in Bitcoin adoption, portraying it as a forward-thinking nation with a clear vision for the future. By doing so, the country's citizens have adapted to changing economic conditions by embracing Bitcoin.

twitter: Alejandra Guajardo | Miss El Salvador@MissElSalvadorr

Guajardo has also been active in promoting Bitcoin adoption through her fashion choices. On International Women's Day, March 8, 2023, she launched her 30-piece Ordinal collection, which celebrates El Salvador's historic Bitcoin adoption. The collection features 30 unique photos of Guajardo wearing the Bitcoin dress she wore at the Miss Universe contest. She encouraged her followers to own one of these exclusive, one-of-a-kind pieces from the collection.

Guajardo's passion for Bitcoin adoption reflects the growing trend of digital currencies' acceptance worldwide. Her support for this innovative technology has put her in the spotlight not only in the beauty pageant world but also in the tech industry. By using her platform as a beauty queen, Guajardo is making a significant impact in spreading awareness and understanding of Bitcoin.

In conclusion, Alejandra Guajardo Sada is a remarkable woman, a professional ballet dancer, and a beauty queen who has captured the hearts of many people worldwide. Her passion for Bitcoin and its potential for financial freedom and empowerment is inspiring. Her advocacy for Bitcoin adoption through social media, public appearances, and fashion choices has made her a leading voice in promoting this innovative technology. We are confident that her impact on the beauty pageant world and the tech industry will continue to grow, and we wish her all the best in her endeavors.

#elsalvador #bitcoinadoption #BTC #bitcoin #cryptocurrency

Source: conandaily, angelopedia, ownthatcrown & cryptoglobe

image Source: pixabay / Alejandra Guajardo  twitter

If you enjoy our content and want to show your support, please like, share, and follow us for more high-quality updates.

Disclaimer

The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.
El Salvador has confirmed its plan to create a Bitcoin city that will be powered by volcanoes. There were rumours earlier this week that the project had been cancelled, but the government released a statement confirming that the rumours were false. #elsalvador #cryptoonindia
El Salvador has confirmed its plan to create a Bitcoin city that will be powered by volcanoes.
There were rumours earlier this week that the project had been cancelled, but the government released a statement confirming that the rumours were false.
#elsalvador #cryptoonindia
El Salvador’s Bitcoin President receives 91% approval rating: La Pensa Grafia The poll came from one of El Salvador's leading opposition newspapers, prompting a self-congratulatory Tweet from the 'Bitcoin President'. #elsalvador #Binance #crypto2023 #BTC #BNB
El Salvador’s Bitcoin President receives 91% approval rating: La Pensa Grafia

The poll came from one of El Salvador's leading opposition newspapers, prompting a self-congratulatory Tweet from the 'Bitcoin President'.
#elsalvador #Binance #crypto2023 #BTC #BNB
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