In.Europe Switzlerland and Netherlands are the most cryptocurrencies friendly countries, the conditions and regulations for crypto and users are very convenient.
Still, such attitude towards cryptocurrencies is because they have recgonized the possibilities for profit not because they are fans of Bitcoin.
Switzerland is well known banking country, strongly oriented to make profit from rich clients so I guess they have realized cryptocurrencies are the new area for huge profit they will make.
Topic: "Switzerland wants to be a crypto nation" Economic minister. (Read 717 times)
I read this news at https://www.fxstreet.com/news/swiss-ecomin-switzerland-wants-to-be-a-crypto-nation-201801300630 and its really gladly my heart.
Economy minister Johann Schneider Ammann, Said "Switzerland want to be a crypto nation" as at the time when many developed and developing countries are expressing their negative options on cryptocoin and we are hearing news that many countries want to ban it. What is your take on this move or comments?
While we have been hearing something similar from some other countries the fact that this is coming from Switzerland one of the most stable countries around the world and with a long tradition of being the bank of the world makes me positive this is a little more serious, we need to see what kind of follow up they do, but if Switzerland really decides to become a crypto nation then you will need to hold your bitcoin because we could be witnessing finally the time when big investors finally decide to enter in the market. Economy minister Johann Schneider Ammann, Said "Switzerland want to be a crypto nation" as at the time when many developed and developing countries are expressing their negative options on cryptocoin and we are hearing news that many countries want to ban it. What is your take on this move or comments?
The world's most famous Swiss bank is in Switzerland!
And digital encryption currency is the new network bank, Switzerland is relying on encrypted digital currency, is becoming the most confidential world bank again!
And digital encryption currency is the new network bank, Switzerland is relying on encrypted digital currency, is becoming the most confidential world bank again!
Cryptocurrency most friendly county is Swiss and even government is supportive and more nations are coming in and more entrepreneurs are investing in cryptocurrency filed
Switzerland may be one of the most (if not the most) trusted countries for that sort of businesses. They have very low amount of governmental regulations compating to the other countries. They are staying away from most international conflict. And one of the most important things is that Switzerland is not a part of the EU so european establishment won't have a power there.
This is a very good news on crypto market world, its also an eye opener with other country to follow thru, and a welcome development for a lot of cryptro market investor. it only show that the global acceptance on crytpo currency transaction is getting more exiting, this help build more confidence to Bitcoin or Crypto traders or investors. Once the issue on Banned, Scammer, and regulation are address in other country having digital transaction, it will increase the active participation on crypto currency investment project, a more favorable market trading for crypto, and the possible stability of the price value of all ALT coin posted on the market treed. I am optimistic some other country will follow thru to accept crypto or digital transaction on the market.
Switzerland may be one of the most (if not the most) trusted countries for that sort of businesses. They have very low amount of governmental regulations compating to the other countries. They are staying away from most international conflict. And one of the most important things is that Switzerland is not a part of the EU so european establishment won't have a power there.
The acceptance of crypto currency or digital currency transaction with this country is an eye opener to the world on the trading market, the global acceptance on Bitcoin or crypto currency market is favorable in the crypto currency investment, a lot more is getting interested to crypto market, more possible investment is just waiting for the right timing to put in into the crypto market trading, once the the issues on Banned,Scammer, and on Regulation on Digital crypto currency transaction are address, it will change the global market trading, and a lot more possible investors will come in. Indicators shows a more positive future for crypto or ALT coin investment.
Switzerland is a peaceful country and im so surprised one of this country made a crypto nation .
I think all countries should make such a decision, and blockchain technology is the core of the future.
I believe we will see in a few years how the consolidation of cryptocurrency in society will benefit everyone.
I believe we will see in a few years how the consolidation of cryptocurrency in society will benefit everyone.
I read this news at https://www.fxstreet.com/news/swiss-ecomin-switzerland-wants-to-be-a-crypto-nation-201801300630 and its really gladly my heart.
Economy minister Johann Schneider Ammann, Said "Switzerland want to be a crypto nation" as at the time when many developed and developing countries are expressing their negative options on cryptocoin and we are hearing news that many countries want to ban it. What is your take on this move or comments?
Bright idea from their minister. Cause they knew that cryptocurrencies will do a lot on their economy. Someday I know that our country too will legalize and will have.a course that related in cryptocurrency so I will make my own history and many people will support that type of education Economy minister Johann Schneider Ammann, Said "Switzerland want to be a crypto nation" as at the time when many developed and developing countries are expressing their negative options on cryptocoin and we are hearing news that many countries want to ban it. What is your take on this move or comments?
The news just bloomed and warmed my heart really. Another great step for btcs towards eterneti.
This seems to be a good news. We barely see or hear news about a country or should I say government giving postive intention towards cryptocurrency,all the while we've been exposed to the news that delivers negative issues about bitcoin and this sounds different. I look forward to this one because I believe that this will create good impact for us too.
Latest news coming from Switzerland:
So it looks like they are looking on having their own crypto, which for me is a good sign that they are really into crypto not just embracing it, but giving more opportunities for their people to take advantage of it by possibly launching its own coin. Lately we have seen Petro's Venezuela's and Russia's Rubble and China and Iran as well joining the fray. Let's see how it pans out if their parliament will allow it or not.
Quote
]The government of Switzerland has requested a report investigating the possible risks and benefits of launching its own, state-backed cryptocurrency, the ‘e-franc’. The request must be approved by the lower house of the Swiss parliament before it will be allowed to move forward.
So it looks like they are looking on having their own crypto, which for me is a good sign that they are really into crypto not just embracing it, but giving more opportunities for their people to take advantage of it by possibly launching its own coin. Lately we have seen Petro's Venezuela's and Russia's Rubble and China and Iran as well joining the fray. Let's see how it pans out if their parliament will allow it or not.
Working with money and seeing opportunities are big strengths of the swiss nation.
Compared to a relatively small population they have big and successfull banks.
And success usually proofs the people are right in what they are doing.
If a government of such a country makes good basic conditions for crypto currencies, I am sure we will see in a few years how benefitial for everybody the integration of crypto currencies in a society can be.
Compared to a relatively small population they have big and successfull banks.
And success usually proofs the people are right in what they are doing.
If a government of such a country makes good basic conditions for crypto currencies, I am sure we will see in a few years how benefitial for everybody the integration of crypto currencies in a society can be.
I read this news at https://www.fxstreet.com/news/swiss-ecomin-switzerland-wants-to-be-a-crypto-nation-201801300630 and its really gladly my heart.
Economy minister Johann Schneider Ammann, Said "Switzerland want to be a crypto nation" as at the time when many developed and developing countries are expressing their negative options on cryptocoin and we are hearing news that many countries want to ban it. What is your take on this move or comments?
Economy minister Johann Schneider Ammann, Said "Switzerland want to be a crypto nation" as at the time when many developed and developing countries are expressing their negative options on cryptocoin and we are hearing news that many countries want to ban it. What is your take on this move or comments?
It was a very good news for cryptocurrency investors because it only means that the community is growing even more since there will be more investors in the future if that is the case.
This is a postive move for them, in turn people will learn why one country involves itself in cryptocurrency, not only that people will be aware that there are a lot of cryptocurrencies out there people will also learn on how to take care of their finances, given that a huge capital can be gain from cryptocurrency and that there will be no third party for them, they can manage their own portfolio, however there is a down side, others might try to hack its ctizens and there might be discrimination, since there are countries that do not support crypto currency yet, they might find the swiss to be criminals.
That is a good idea for them to be a cryptocurrency nation because they can have more opportunities to grab compare to the countries that is not a cryptocurrency nation. It can also help them to depend on blockchain and be more secured and be better in their systems compare to other countries which can also result to themselves to be more advanced.
Don't know why but I feel all countries should go with this decision and we can see millions of dollars flooding into the crypto just like that.
Switzerland is country where Swiss bank makes the real move when it comes to huge money (black money in would say). With that said I believe this will be easier for them to accept and implement the new set of rules for the crypto. If the output of this acceptance is great then rest of the countries may start following them.
I mean who can stop them earning huge taxes on that kind of money and enriching the countries situation. Jealous countries will follow soon.
That is really a good recent news. It support the future growth of crypto in the world. Probably, all people even countries all over the world will accept and follow what will happene and realized in Switzerland. This country may become a financial reference for other government and country that can imitated or followed other countries. If this decision support and improve the country's economy, of course will support also other countries' economy. Switzerland is country where Swiss bank makes the real move when it comes to huge money (black money in would say). With that said I believe this will be easier for them to accept and implement the new set of rules for the crypto. If the output of this acceptance is great then rest of the countries may start following them.
I mean who can stop them earning huge taxes on that kind of money and enriching the countries situation. Jealous countries will follow soon.
Switzerland is a nice and develop country, making their nation a crypto community is not a bad idea they wanted to adapt new technology and be engaged with crypto currency which I found a good move making their country a better one. This means crypto currency is something big that can be imposed and be regulated in a develop country.
There is nothing to say except my stand out applause to the Swiss Govt.
Switzerland is very conservative and strict in financial matters. Confidentiality is their thing. I believe that they want to support the image of the country and be in a trend.
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