Switzerland as a bitcoin haven - page 4.

freedomno1

legendary

Activity: 1806

Merit: 1090

Learning the troll avoidance button :)

Quote from: BillyBobZorton on May 06, 2017, 10:08:59 AM

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.

Well the Swiss banks are famous for keeping the money, I hope that the swiss regulators are successful in proposing good legislation towards Bitcoin that make it tempting to use.

findingthemoon

full member

Activity: 252

Merit: 123

I don't buy into the theme people spout of governments hating bitcoin, that being said any paradise type country with a beach will become a bitcoin haven with people retiring on their big bitcoin earnings. Countries that are cheap by Western standards in particular will be popular destinations and these countries are also adopting bitcoin for practical reasons, remittances are cheaper in bitcoin even with the current high fees than they are with traditional remittance companies.

pooya87

legendary

Activity: 3472

Merit: 10611

i have been saying this for some time now and i do really believe that Switzerland soon will be one of the frontiers for bitcoin. but even since i saw what Japan did and then the follow up of how it was accepted, i think they come pretty close to be the "bitcoin haven" very soon.

and in the end it will all come down to adoption and how people will accept bitcoin. government is just setting the rules but bitcoin is decentralized and nobody can set any laws for it.

CryptoBry

sr. member

Activity: 1008

Merit: 355

Quote from: botany on May 07, 2017, 12:42:01 AM

Quote from: BillyBobZorton on May 06, 2017, 10:08:59 AM

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.

I am not sure I agree with the statement that if you use bitcoins, you don't need to pay taxes. Switzerland will be no different from other countries in this regard and paying taxes is the safe (and right) thing to do.

Taxes can be something inevitable because we are making business transactions and transactions can be taxable in many states and countries much more if a transaction is producing profits for a certain individual. This can be quite true in USA and other countries it can be so hard to hide transactions and not pay tax. An option is to immigrate to a third-world country where the government is not yet interested to police all people in their taxable transactions.

MingLee

hero member

Activity: 490

Merit: 520

Quote from: deisik on May 06, 2017, 01:11:30 PM

Quote from: darthmaul on May 06, 2017, 11:41:54 AM

Yeah Switzerland is alway well know for such things. When money comes or something precious comes Switzerland is always there and it has to be there. Grin

Bitcoin is being accepted everywhere and that too anonymously. Why Switzerland would ever stop there. They will acquire a big empire of bitcoin to attract more customers and people will reach out there for their money's safety as always they have done when it comes to money which comes in bonds. Cheesy

Well, I have an idea which I want to share

After the US government forced the Swiss banks to reveal information about their clients and their money, it might in fact have been the Swiss gnomes themselves who had hammered Bitcoin specifically to get rid of Uncle Sam's supervision, surveillance and control. If I were them I would certainly feel very hurt and humiliated when they had been literally made to disclose this info, so it shouldn't come as complete surprise that they eagerly welcome Bitcoin (even if it were not them after all who created Bitcoin)

That's actually a really good point to be honest. It would make sense that the Swiss would want to aim to repair their banking security reputation, and sine fiat is obviously something they can't use safely anymore they might as well move to the next best thing (being Bitcoin).
Restructuring and modifying their infrastructure to be more accommodative of Bitcoin is definitely the best move for them as it stands, and I won't be surprised if it really starts to be a major thing within their borders in the next decade or so.

botany

legendary

Activity: 1582

Merit: 1064

Quote from: BillyBobZorton on May 06, 2017, 10:08:59 AM

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.

I am not sure I agree with the statement that if you use bitcoins, you don't need to pay taxes. Switzerland will be no different from other countries in this regard and paying taxes is the safe (and right) thing to do.

Sled

hero member

Activity: 1680

Merit: 535

Bitcoin- in bullish time

Quote from: BillyBobZorton on May 06, 2017, 10:08:59 AM

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.

This is great for the bitcoin holders like the billionaires who have got a lot of bitcoins in their bitcoin wallets and they just keeping it for a long time waiting for the price to reach to their satisfaction and if switzerland will fully accept bitcoin then it will be a good place to live there and just spend our bitcoins like buying a car and house and living a decent life.

Silberman

legendary

Activity: 2534

Merit: 1338

Quote from: BillyBobZorton on May 06, 2017, 10:08:59 AM

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.

Tax havens like any other business do their best to try to encourage more customers to try to get the public to use their products and services, so it is not a surprise to me that Switzerland is looking into bitcoin to try to get an even bigger market share of the money of the investors of the world.

Dude.Lebowski

full member

Activity: 129

Merit: 101

Quote from: serje on May 06, 2017, 10:40:01 AM

Quote from: Dude.Lebowski on May 06, 2017, 10:37:11 AM

Quote from: BillyBobZorton on May 06, 2017, 10:08:59 AM

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.

Generally I agree. I think hide is the wrong word. Governments have no business with peoples' money anyway.

One simply can't use hide, money and government in the same sentence!

Government owns your money and it will be futile to hide it from them!

Touché! Governments have no business kniwing peoples' wealth even less regularly stealing from it.

deisik

legendary

Activity: 3486

Merit: 1280

English ⬄ Russian Translation Services

Quote from: darthmaul on May 06, 2017, 11:41:54 AM

Yeah Switzerland is alway well know for such things. When money comes or something precious comes Switzerland is always there and it has to be there. Grin

Bitcoin is being accepted everywhere and that too anonymously. Why Switzerland would ever stop there. They will acquire a big empire of bitcoin to attract more customers and people will reach out there for their money's safety as always they have done when it comes to money which comes in bonds. Cheesy

Well, I have an idea which I want to share

After the US government forced the Swiss banks to reveal information about their clients and their money, it might in fact have been the Swiss gnomes themselves who had hammered Bitcoin specifically to get rid of Uncle Sam's supervision, surveillance and control. If I were them I would certainly feel hurt, upset and humiliated when they had been literally made to disclose this info, so it shouldn't come as surprise that they eagerly welcome Bitcoin (even if it were not them after all who created Bitcoin)

darthmaul

sr. member

Activity: 714

Merit: 252

Yeah Switzerland is alway well know for such things. When money comes or something precious comes Switzerland is always there and it has to be there. Grin

Bitcoin is being accepted everywhere and that too anonymously. Why Switzerland would ever stop there. They will acquire a big empire of bitcoin to attract more customers and people will reach out there for their money's safety as always they have done when it comes to money which comes in bonds. Cheesy

serje

legendary

Activity: 1232

Merit: 1002

Quote from: Dude.Lebowski on May 06, 2017, 10:37:11 AM

Quote from: BillyBobZorton on May 06, 2017, 10:08:59 AM

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.

Generally I agree. I think hide is the wrong word. Governments have no business with peoples' money anyway.

One simply can't use hide, money and government in the same sentence!

Government owns your money and it will be futile to hide it from them!

Dude.Lebowski

full member

Activity: 129

Merit: 101

Quote from: BillyBobZorton on May 06, 2017, 10:08:59 AM

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.

Generally I agree. I think hide is the wrong word. Governments have no business with peoples' money anyway.

BillyBobZorton

legendary

Activity: 1204

Merit: 1028

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.

Topic: Switzerland as a bitcoin haven - page 4. (Read 3081 times)