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Topic: Switzerland as a bitcoin haven (Read 3081 times)

full member
Activity: 364
Merit: 101
November 22, 2017, 05:52:37 AM
#74
Switzerland is paradise not only in terms of bitcoin  Cheesy But if the article states thruth, there is even no wonder for me
hero member
Activity: 882
Merit: 517
cloverdex.io
November 10, 2017, 05:45:18 PM
#73
I believe Switzerland is going to become a bitcoin paradise country where everyone with BTC will go there and retire. In years time, Switzerland will give full support to bitcoiners, so you will be able to buy anything you want with bitcoin without the need to pay any taxes. ATM bitcoin machines everywhere.

There are already ATM machines in every location you can imagine.

http://www.coindesk.com/swiss-government-paving-way-bitcoin-blockchain-banks/

They are obviously building the infrastructure to attract bitcoin holders there. We saw how bank secrecy is a failure with the leaks of bank accounts from lots of people. I think those famous idiots with lots of money will learn about bitcoin and start using it to hide their money from governments, and this will push the price up big time.
Really feel very happy to hear this being a bitcoin user. This is an example for other countries who do not accept bitcoins. As said, Switzerland is going to be the unique place where bitcoin is going to play a vital role in the country, slowly in all the countries. Hope to have the same environment in my country as soon as it can.
full member
Activity: 182
Merit: 101
X-Block.io
November 10, 2017, 05:16:48 PM
#72
Switzerland has a fantastic economy and that comes from being at the forefront of most things as well as having a fantastic regulatory body in FINMA, as likely as this seems, for many people 'living' off bitcoin Switzerland will not be a great first choice as the living costs are much higher than many other places.
legendary
Activity: 2912
Merit: 3603
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November 10, 2017, 05:07:32 PM
#71
Might have been the case only several months ago, which probably also attracted a large number of ICOs to launch or be based from there, but the Swiss regulatory body FINMa hasn't been blind to them. In fact, ahead of the EU, they've already launched investigations into regulatory infringements of ICOS - past and present - that they won't be shy to pursue enforcement action should these investigations turn up any dirt.

It's pretty interesting to see a neutral jurisdiction to act so swiftly, but I suppose it has to keep up its image, especially after their minions like Credit Suisse keep getting their reputations in trouble. We'll know more in January when (or if) they release initial findings.
full member
Activity: 231
Merit: 102
November 10, 2017, 04:35:07 PM
#70
Switzerland is already a haven. I have no doubt they will be among first countries to intoduce real BTC usage, or blochchain usage in many life aspects.
hero member
Activity: 2520
Merit: 605
November 08, 2017, 12:44:33 AM
#69
I believe Switzerland is going to become a bitcoin paradise country where everyone with BTC will go there and retire. In years time, Switzerland will give full support to bitcoiners, so you will be able to buy anything you want with bitcoin without the need to pay any taxes. ATM bitcoin machines everywhere.

There are already ATM machines in every location you can imagine.

http://www.coindesk.com/swiss-government-paving-way-bitcoin-blockchain-banks/

They are obviously building the infrastructure to attract bitcoin holders there. We saw how bank secrecy is a failure with the leaks of bank accounts from lots of people. I think those famous idiots with lots of money will learn about bitcoin and start using it to hide their money from governments, and this will push the price up big time.
Interesting article. The important thing is that our there we can find people, in governments, who understands the crypto importance, and swiss was alway a "heaven" for money holders, why should it be different?
Well as we know that Switzerland is one of the well-known for banking its banks are very popular in world for given a huge interest to his users so bitcoin have also very high price and I’m sure bitcoin can survive their easily because Switzerland people are used to with high interest from banking so there is no doubt that bitcoin will be go more stronger in Switzerland.
sr. member
Activity: 420
Merit: 250
November 01, 2017, 04:19:01 AM
#68
Well, Switzerland made its name mainly on the banking business so this comes as no surprise. As far as being a safehaven - it is a wonderful country but it's very expensive to live in.
ask
legendary
Activity: 1386
Merit: 1004
November 01, 2017, 03:56:40 AM
#67
I saw them when i was travelling switzerland. I hope its going to happen in all over europe. My opinion is euro zone will love bitcoin cause there are too many risks rising in euro zone.
waiting for new european countries to follow switzerland soon.
full member
Activity: 491
Merit: 105
November 01, 2017, 03:52:56 AM
#66
Switzerland has probably the best world economy. If they legalize BTC that will strengthen their position.
Switzerland is a heaven of the earth without bitcoin. I think you mean that most of the bitcoin miners are in Switzerland. May be you are right if you think the same but I think in mining China is number one, because of the less mining expenses, but if have some other thing about Switzerland then I don’t understand what is that.

Accepting bitcoin does not make any country more popular for its using as many other countries already started bitcoin in their local markets.
sr. member
Activity: 434
Merit: 250
October 29, 2017, 06:51:53 PM
#65
Switzerland has probably the best world economy. If they legalize BTC that will strengthen their position.
sr. member
Activity: 630
Merit: 257
October 29, 2017, 06:01:19 PM
#64
I believe Switzerland is going to become a bitcoin paradise country where everyone with BTC will go there and retire. In years time, Switzerland will give full support to bitcoiners, so you will be able to buy anything you want with bitcoin without the need to pay any taxes. ATM bitcoin machines everywhere.

There are already ATM machines in every location you can imagine.

http://www.coindesk.com/swiss-government-paving-way-bitcoin-blockchain-banks/

They are obviously building the infrastructure to attract bitcoin holders there. We saw how bank secrecy is a failure with the leaks of bank accounts from lots of people. I think those famous idiots with lots of money will learn about bitcoin and start using it to hide their money from governments, and this will push the price up big time.

Few months back a news has been published saying that E&Y Switzerland , one of the BIG four accounting firm can accept BTC as payment and install a BTC ATM in their Office in Zunich(switzerland)
legendary
Activity: 3486
Merit: 1280
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October 29, 2017, 06:06:45 AM
#63
Well that is where all the money was and is. So as Bitcoin is the NEW MONEY the Swiss are very clever to make sure there is a good infrastructure framework available for all the Bitcoiners and Bitcoin Whales to par their nice big funds of Bitcoin.  Smiley

Could be true. Swiss banks has been known as safe heaven long way before. So a lot of billionaires, rich people put their money in Switzerland. And they are already thinking about the future when they become a bitcoin friendly country. And for sure whalers will took advantage of it and stash their bitcoin in Switzerland

But why would they ever need that?

I mean why would they need to stash their bitcoins in Switzerland or elsewhere (read give away their precious coins into someone else's hands)? I don't get it. Unless there is something really attractive and enticing behind such an offer, i see no sense in giving away your bitcoins when you can safely store them in your own wallet. And as far as anonymity and safe havens are concerned (which seems to be your point), this is the best choice and option anyway, i.e. to store the coins locally. This is Bitcoin, after all
member
Activity: 65
Merit: 10
October 29, 2017, 12:59:52 AM
#62
I believe Switzerland is going to become a bitcoin paradise country where everyone with BTC will go there and retire. In years time, Switzerland will give full support to bitcoiners, so you will be able to buy anything you want with bitcoin without the need to pay any taxes. ATM bitcoin machines everywhere.

There are already ATM machines in every location you can imagine.

http://www.coindesk.com/swiss-government-paving-way-bitcoin-blockchain-banks/

They are obviously building the infrastructure to attract bitcoin holders there. We saw how bank secrecy is a failure with the leaks of bank accounts from lots of people. I think those famous idiots with lots of money will learn about bitcoin and start using it to hide their money from governments, and this will push the price up big time.
Everyone sees Switzerland as an offshore country for bitcoins. Well, let's see when they are banning or restricting the crypt, that's what will be laughter.
hero member
Activity: 1134
Merit: 500
October 29, 2017, 12:52:43 AM
#61
I believe Switzerland is going to become a bitcoin paradise country where everyone with BTC will go there and retire. In years time, Switzerland will give full support to bitcoiners, so you will be able to buy anything you want with bitcoin without the need to pay any taxes. ATM bitcoin machines everywhere.

There are already ATM machines in every location you can imagine.

http://www.coindesk.com/swiss-government-paving-way-bitcoin-blockchain-banks/

They are obviously building the infrastructure to attract bitcoin holders there. We saw how bank secrecy is a failure with the leaks of bank accounts from lots of people. I think those famous idiots with lots of money will learn about bitcoin and start using it to hide their money from governments, and this will push the price up big time.
Interesting article. The important thing is that our there we can find people, in governments, who understands the crypto importance, and swiss was alway a "heaven" for money holders, why should it be different?
hero member
Activity: 2660
Merit: 551
June 17, 2017, 01:24:07 PM
#60
Well that is where all the money was and is. So as Bitcoin is the NEW MONEY the Swiss are very clever to make sure there is a good infrastructure framework available for all the Bitcoiners and Bitcoin Whales to par their nice big funds of Bitcoin.  Smiley

Could be true. Swiss banks has been known as safe heaven long way before. So a lot of billionaires, rich people put their money in Switzerland. And they are already thinking about the future when they become a bitcoin friendly country. And for sure whalers will took advantage of it and stash their bitcoin in Switzerland.
hero member
Activity: 1036
Merit: 504
June 17, 2017, 12:01:11 PM
#59
Well that is where all the money was and is. So as Bitcoin is the NEW MONEY the Swiss are very clever to make sure there is a good infrastructure framework available for all the Bitcoiners and Bitcoin Whales to par their nice big funds of Bitcoin.  Smiley
legendary
Activity: 3486
Merit: 1280
English ⬄ Russian Translation Services
June 17, 2017, 09:58:30 AM
#58
Already switzerland is well known for its banks which does not give any details of its customers to any country.So,lots of money flow from all over the world towards swiss banks.It seems that they don't want to be late in adopting the newer technology bitcoin.Bitcoin payments can be made for any government works in switzerland here after.
Switzerland is not so safe Harbor. At the end of the 2000s, Switzerland was to give information on Bank accounts requests of the American authorities. This has undermined their credibility among people who had savings acquired by not entirely honest way. And remember the story of Assange

And what about the story of Assange?

Aren't you confusing Sweden with Switzerland? Remember, Switzerland is not Sweden, and neither is Spitsbergen. Regarding revealing bank account info, this is applicable only to bank accounts open by the American citizens if I'm not mistaken. If the Swiss bankers didn't give in, they would be cut off from major payment systems which are controlled by the US authorities. This is how matters stand in today's world with the global domination of the US in the world of finance
sr. member
Activity: 630
Merit: 263
June 17, 2017, 07:00:29 AM
#57
Already switzerland is well known for its banks which does not give any details of its customers to any country.So,lots of money flow from all over the world towards swiss banks.It seems that they don't want to be late in adopting the newer technology bitcoin.Bitcoin payments can be made for any government works in switzerland here after.
Switzerland is not so safe Harbor. At the end of the 2000s, Switzerland was to give information on Bank accounts requests of the American authorities. This has undermined their credibility among people who had savings acquired by not entirely honest way. And remember the story of Assange.
hero member
Activity: 812
Merit: 501
June 17, 2017, 05:04:34 AM
#56
I think Switzerland take one step ahead from other countries. Blockchain and bitcoin is  tech that will replace old financial system that has been controled for long time by banking industries. That's a good news. In another world, Indonesia does backward step, the government can see the money owner without permission of the owner who has above 200 million rupiah ( 15000 USD). http://www.tribunnews.com/bisnis/2017/06/05/psst-saldo-tabungan-rp-200-juta-ke-atas-di-bank-kini-bisa-diintip-orang-pajak

Tax officer has authority to see the holder of account more thant 200 million or 15000 USD. I think Indonesian people should use bitcoin and cryptocurrency to store their money.
legendary
Activity: 1512
Merit: 1041
June 16, 2017, 03:52:03 PM
#55
I believe Switzerland is going to become a bitcoin paradise country where everyone with BTC will go there and retire. In years time, Switzerland will give full support to bitcoiners, so you will be able to buy anything you want with bitcoin without the need to pay any taxes. ATM bitcoin machines everywhere.

There are already ATM machines in every location you can imagine.

http://www.coindesk.com/swiss-government-paving-way-bitcoin-blockchain-banks/

They are obviously building the infrastructure to attract bitcoin holders there. We saw how bank secrecy is a failure with the leaks of bank accounts from lots of people. I think those famous idiots with lots of money will learn about bitcoin and start using it to hide their money from governments, and this will push the price up big time.
Cannot agree totally. Perhaps there are more people who use bitcoins in Switzerland and there is more merchants accepting it there, but to be a bitcoin paradise the world has to be a place where you can eat and dine with bitcoins without having the hassle to convert it to flat currency.
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