Topic: Swiss City to Accept Bitcoin Payments for Government Services (Read 1151 times)
Well its an amazing news ,the fact a developed country and Swiss is a rich country and if one city is working with trial to allow payments for me its a huge step into the adoption of bitcoin and maybe others countries can co-work with national companies and offer similiar service till bitcoin become a currency and a option to pay.
the reason that it didnt get highlighted is 98% of signature spammers dont even have enough funds to care about the banking system of the swiss. but for all of them large businesses that love their off shore trusts and other financial loop holes aswell as paying low tax. this is a big deal
so this, seems huge, but nobody cared to report it?
http://www.coindesk.com/swiss-city-bitcoin-payments-government-services/
http://www.coindesk.com/swiss-city-bitcoin-payments-government-services/
Switzerland is a great country. Not ideal, but one of the best in the world. What's unusual there is that the government is really caring about their people and at least is not preventing the citizens to make the life more convenient.
Of course using Bitcoins makes your life more convenient.
Yep, their minimum wage is really a minimum living wage. Given the amount of money that goes around the country per person, I think this is gonna be great for Bitcoin moving forward.
Is it something already working or it is just a proposal ?
so this, seems huge, but nobody cared to report it?
http://www.coindesk.com/swiss-city-bitcoin-payments-government-services/
Of course everybody will care with every single bitcoin development,and swiss have better and bigger move on this time,just waiting for good clarification from people who life in swiss and ask them how its really work on their goveerment. http://www.coindesk.com/swiss-city-bitcoin-payments-government-services/
There's a decent (german) article in the nzz: http://www.nzz.ch/schweiz/crypto-valley-zukunftsmodell-oder-marketing-gag-ld.22911
There are aspects of Switzerland that are admirable. The referendum thing really should be more widely implemented as long as the population takes it seriously. Can't say I've enjoyed being there or met many likable Swiss folks though.
This is getting some wider media attention:
http://www.nasdaq.com/article/latest-satoshi-stories-overshadow-real-bitcoin-news-cm620026
...
Critics of Bitcoin maintain that that is of little use if the currency in question is not universally accepted, but the other news of significance, reported by NBC recently, takes us one step closer to that being the case. The town of Zug in Switzerland has announced that it will become the first municipality to accept Bitcoin in payment for some fees. It is not universal acceptance, of course, but it is a major step forward for crypto currency.
...
And from yesterday:
http://www.nbcnews.com/tech/tech-news/bitcoin-breakthrough-cryptocurrency-welcome-zug-switzerland-n571921
Agree, if I had to choose the best country, I'd pick Switzerland. They are the closest thing to the direct democracy out there, being the world's leader in number of referendums held.
http://www.nasdaq.com/article/latest-satoshi-stories-overshadow-real-bitcoin-news-cm620026
...
Critics of Bitcoin maintain that that is of little use if the currency in question is not universally accepted, but the other news of significance, reported by NBC recently, takes us one step closer to that being the case. The town of Zug in Switzerland has announced that it will become the first municipality to accept Bitcoin in payment for some fees. It is not universal acceptance, of course, but it is a major step forward for crypto currency.
...
And from yesterday:
http://www.nbcnews.com/tech/tech-news/bitcoin-breakthrough-cryptocurrency-welcome-zug-switzerland-n571921
...
Switzerland is a great country. Not ideal, but one of the best in the world. What's unusual there is that the government is really caring about their people and at least is not preventing the citizens to make the life more convenient.
Of course using Bitcoins makes your life more convenient.
Switzerland is a great country. Not ideal, but one of the best in the world. What's unusual there is that the government is really caring about their people and at least is not preventing the citizens to make the life more convenient.
Of course using Bitcoins makes your life more convenient.
Agree, if I had to choose the best country, I'd pick Switzerland. They are the closest thing to the direct democracy out there, being the world's leader in number of referendums held.
That is awesome and way to go Switzerland, that is a big move
I admire the dedication of people of the Swiss city of Zug to promote Bitcoin as a legitimate payment method for settling utility bills but I wonder how they are going to pay with Bitcoin as it's not reported in the article. Are there going to be Bitcoin addresses posted on the offical website of the city or people will need to visit a payment terminal in an office or something? It would be cool to be able to pay from home though.
so this, seems huge, but nobody cared to report it?
http://www.coindesk.com/swiss-city-bitcoin-payments-government-services/
http://www.coindesk.com/swiss-city-bitcoin-payments-government-services/
Switzerland is a great country. Not ideal, but one of the best in the world. What's unusual there is that the government is really caring about their people and at least is not preventing the citizens to make the life more convenient.
Of course using Bitcoins makes your life more convenient.
Which confirms the credibility of the authorities in developed countries to Bitcoin, as well as progress in the economy and her development.
These rules must be neutral with respect to technologies without disturbing their development.
These rules must be neutral with respect to technologies without disturbing their development.
It's mentioned in the article that Zug is a well-known financial hub in Switzerland and companies like Xapo, Monetas and ShapeShift have offices located in the proximity to the city and I guess it's a natural move for the city officials to pilot a project like that. I think they want to promote Bitcoin in the region so more fin-tech companies become interested in the Blockchain technology. What do you think is the reason for limiting the Bitcoin payments to just 200 francs though?
This is pretty cool and again underscores the risk to NYC and the US of being left behind in attracting the best crypto talent if they don't up their game on regulating it right and leniently
i personally have no information about it. but if it is so then its a good news to hear, i personally know that in most countries people are using bitcoin for shopping in shopping malls and in other stores,
Interesting news. I suppose if it gets used enough, it could leak into other use cases in the city. That's pretty unlikely though. Encouraging to see it being put to use for things other than transactions over the internet, nonetheless.
so this, seems huge, but nobody cared to report it?
http://www.coindesk.com/swiss-city-bitcoin-payments-government-services/
last week i see that swiss accept bitcoin on public services,so is that true that now swiss also use bitcoin payment for goverment services?i think this is should have better share,and i hope many country try to follow swiss big step. http://www.coindesk.com/swiss-city-bitcoin-payments-government-services/
It's a great move but people don't want to spend their coins on stuff that actually makes them happy, let alone the local lawnmower tax. Can you imagine how miserable you'd feel if you paid it just before an epic price explosion?
Yeah, that might be a potential reason of why the project fails. Why give your precious Bitcoin to the government, when they accept shoddy fiat as well? Nonetheless it is still a good move and is great publicity for Bitcoin - especially to counteract the money-laundering-drugs-crime-BS frenzy that certain mass media publish frequently. It lends a lot of credibility to the currency in the eyes of the ordinary citizen.
Probably the intiative was started by one of the Bitcoin companies that are located in Zug.
ya.ya.yo!
It's a great move but people don't want to spend their coins on stuff that actually makes them happy, let alone the local lawnmower tax. Can you imagine how miserable you'd feel if you paid it just before an epic price explosion?
From Little Things Big Things Grow, even though it's not a large scale but we should appriciate the major of the city to their openness to the new technologies and even expressed early on their own experiences. And it's a good news for the community to be honest
hoping bitcoin will be more adopted by mass
hoping bitcoin will be more adopted by mass
Jump to: