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Topic: [2016-05-11]Bitcoin Breakthrough: Cryptocurrency Welcome in Zug, Switzerland (Read 318 times)

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Bitcoin Breakthrough: Cryptocurrency Welcome in Zug, Switzerland

 Swiss town is banking on bitcoin.

Residents of Zug will be able to use the cryptocurrency to pay up to $205 for some public services beginning July 1. "You will not be able to pay your taxes with bitcoin, but for small fees ... we will accept the cryptocurrency," Lord Mayor Dorfi Mueller told NBC News. The local council in the Swiss town of Zug will accept Bitcoin for some fees from July 1. Zug is believed to be the "first town worldwide to offer the service in the public sector," Mueller added. A local dentists in the town of 24,000 people has also started to accept bitcoins...

http://www.nbcnews.com/tech/tech-news/bitcoin-breakthrough-cryptocurrency-welcome-zug-switzerland-n571921
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