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Topic: [2016-11-12] Will Bitcoin Replace Swiss Bank Accounts as Next Safe Asset? (Read 250 times)

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Despite its volatility, Bitcoin has been the best performing currency in the world for 5 of the past 6 years. The rapidly increasing value of the digital currency and its decentralized nature have led it to be considered as the global safe asset for investors and traders.

For decades, Swiss bank accounts were the ideal global asset for most entrepreneurs and investors, due to its anonymity and privacy. Prior to the formation of a contract between the EU and Switzerland, anyone could open Swiss bank accounts, store funds and be free of all tax obligations.

Read More: https://cointelegraph.com/news/will-bitcoin-replace-swiss-bank-accounts-as-next-safe-asset

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