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Topic: Swiss Lawmakers Propose Treating Bitcoin as Foreign Currency (Read 1570 times)

legendary
Activity: 1540
Merit: 1000
sr. member
Activity: 350
Merit: 252
REAL-EYES || REAL-IZE || REAL-LIES||
we will see what the future brings.
Who will have more influence swiss or china?!  Grin
Chine already bought down it to this level... I don't think it'll cause a big dip in price any further may be 300 but not below that but if some good news comes out bitcoin will recover to some extent..!
newbie
Activity: 12
Merit: 0
we will see what the future brings.
Who will have more influence swiss or china?!  Grin
sr. member
Activity: 481
Merit: 268
This qualification as foreigner currency or the german one of private currency are the only ones that make some sense.
sr. member
Activity: 267
Merit: 250
So it basically mean allowing Swiss Banks mantaining Bitcoin accounts as a next currency ? It could open Bitcoin to fractional reserve banking Sad but also 100K euro equivalent Bitcoin protection if the bank falls Smiley

hero member
Activity: 798
Merit: 500
Time is on our side, yes it is!
so basically your telling me they don't yet know what is good for them, heh.  jk
full member
Activity: 227
Merit: 100
Swiss are not up to an innovation when it comes to money. They like their money where it was hundreds of years, in banks.
hero member
Activity: 798
Merit: 500
Time is on our side, yes it is!
some good news if you ask me.  Something like this could get some attention of potential Swiss investors for sure.  I'd like very much to see many BTC ATM's all over Switzerland.
sr. member
Activity: 448
Merit: 250
the only people in Switzerland who know about bitcoin are “geeks, criminals and special police units” and that there is currently very little or no public discussion about digital currency.
sr. member
Activity: 448
Merit: 250
Insanely expensive country. You better bring your bitcoin riches. 10% of Swiss are AT LEAST Millionaires.
legendary
Activity: 1218
Merit: 1003
yep, already posted in the press section. would be a clever step for a country like swiss!

I hope they will not buy it all ;p

They can't seize it, so if they are willing to buy massive amounts on the free market, that is ok by me!
legendary
Activity: 1344
Merit: 1001
yep, already posted in the press section. would be a clever step for a country like swiss!

I hope they will not buy it all ;p
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
yep, already posted in the press section. would be a clever step for a country like swiss!
legendary
Activity: 1344
Merit: 1001
"The Swiss Parliament is considering a postulate that asks for bitcoin to be treated as any other foreign currency. The goal of the postulate, introduced by representative Thomas Weibel, is to eliminate ambiguities and increase legal certainty related to bitcoin."

Rest here:  http://www.coindesk.com/swiss-lawmakers-bitcoin-foreign-currency/
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