"Switzerland wants to be a crypto nation" Economic minister. - page 2.

timerland

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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's definitely a positive one.

It's rare these days to see a country that is actually interested in cryptocurrencies, because almost all countries are actively trying to persecute crypto businesses and users and trying to limit their existence within their country.

Again, regulation is fine. As long as it's not restrictive of people accessing cryptocurrencies with overly strict rules. But I do believe that countries which adopt or support cryptos the earliest will benefit the most over the long run.

krhnrhn

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you can see future for their country and they take action immediately. I hope one day my country can see this kind of opportunities..

jaysabi

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Quote from: omonuyak on January 30, 2018, 04:42:35 AM

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?

Considering how the Swiss were the banking partners of Nazi Germany and currently aid the affluent in tax evasion in their home nations, I reckon they're a fan of anything they can exploit to their own benefit. It's not particularly surprising to find they might purposefully embrace something in Bitcoin that other nations aren't, especially since their banks rather openly aid people in breaking their own laws on taxation and sheltering off the book assets.

Swiss Bank UBS Faces Tax Fraud Trial in France: https://www.thelocal.ch/20170321/swiss-bank-ubs-faces-tax-fraud-trial-in-france
Swiss Bankers Complicit in Billionaire Client’s Tax Evasion: https://www.thewealthadvisor.com/article/swiss-bankers-complicit-billionaire-clients-tax-evasion
The Role of Swiss Financial Institutions in the Plunder of European Jewry: https://www.pbs.org/wgbh/pages/frontline/shows/nazis/readings/sinister.html

Swiss support doesn't bode well automatically given their by-design morally questionable institutions.

Herbys

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I can not believe it.

gambitcoin53

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Quote from: omonuyak on January 30, 2018, 04:42:35 AM

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?

indeed this news will serve as a booster for cryptos to penetrate a certain countty, switzerland is known for being innovative and open for new tech, i am not surprise if they are the first country to try cryptos, hoping more country will also follow them.

rimueng agam

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If it is true that Switzerland will be a crypto country then this will be very good for the future of crypto itself because many countries forbid it but Swis dare to take the decision to use crypto, hope other countries will also follow Swis to use this crypto.

omfg.xekcep

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Wow! It is good news and an important signal because the Switzerlands are smart and successful investors so if they consider that crypto techs are useful than we have listen to them mandatory

berrygood

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It seems switzerland is going to still maintain its popularity regarding banking and finance with this positive attitude toward cryptocurrencies. Other countries keep banning bitcoin Cheesy

almersyn

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Quote from: omonuyak on January 30, 2018, 04:42:35 AM

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?

this is good news for the world of cryptocurrency because one of the developed countries chose to support bitcoin or cryptocurrency. This good news can certainly put a positive result on the cryptocurrency market

Athenakim.22

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This is goodnews. It will help not only the cryptos community but their country as well. Switzerland is great when it comes to technology so i think if this really happen the impact of it will be huge.

CuriousGeorge

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Quote from: breathlessz on May 14, 2018, 08:39:03 AM

Quote from: 300pips on May 14, 2018, 08:02:16 AM

I admire people who love their nation to become fruitful and successful. Switzerland is already a established nation with good economic status. Making the whole country to become crypto oriented assures a bright tomorrow to all citizens of Switzerland.

I think Swiss government is aware that technological developments can not be hindered. so they made a quick decision to welcome him. with more first to legalize cryptocurrency it will gain many benefits later, let alone swiss is a developed country

So many blockchain based companies are now having an office in switzerland and I must say that switzerland is like a silicon valley of blockchain community.
Pretty sure that if the minister says so, so many startup will starting its carreer there and it will directly affect the economic growth, a brilliant move made by the minister.

breathlessz

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Quote from: 300pips on May 14, 2018, 08:02:16 AM

I admire people who love their nation to become fruitful and successful. Switzerland is already a established nation with good economic status. Making the whole country to become crypto oriented assures a bright tomorrow to all citizens of Switzerland.

I think Swiss government is aware that technological developments can not be hindered. so they made a quick decision to welcome him. with more first to legalize cryptocurrency it will gain many benefits later, let alone swiss is a developed country

300pips

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I admire people who love their nation to become fruitful and successful. Switzerland is already a established nation with good economic status. Making the whole country to become crypto oriented assures a bright tomorrow to all citizens of Switzerland.

wandino

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This is really good.By establishing a global hub for virtual currencies known as the “Crypto Valley” in Zug, and the implementation of forward-looking regulation by the Swiss Financial Market Supervisory Authority (FINMA), Switzerland is emerging as one of “the world’s leading ecosystems for crypto, Blockchain, and distributed ledger technologies.

wandino

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Sounds positive. Such kind of news gives crypto holders positive vibes. This could revolutionize for mass adoption of cryptocurrency.

QA65

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Indeed, many countries are crypto and swiss states, but also state that there are countries that block crypto, because it prohibits crypto to become a bank exchange by banned states

NicG13

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The Swiss have always been clever about finance, money and wealth in general. Of course, they're leading the way in crypto and they're right to do so.

bobrova

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Quote from: trecore4 on January 30, 2018, 04:54:18 AM

Source says nothing much about it. However, I heard same kind of news few months ago that Switzerland is going to invest into crypto currencies and they are making their own coin, something similar.

However the news soon got desiccated in the middle of no where but when the news came for the first time it was very chilly one for everybody here and everyone thought that it will bring the revolution in the crypto world. Unfortunately the idea went off soon and nothing much happened about it. Im not sure what are they bringing this time into effect but again if they do contribute to the crypto then its good for us. But lets see what they really do and then we could talk about it more deeply.

I was hearing a similar news for India but then a leading private company here announced its own coin. It was in the news for some time and then it settled down. I guess the government in India is still waiting to see if bitcoins are some sort of scam or not. They will never want to get associated with something resulting in huge loss for its citizens. Any ruling party will then have to allocate some money for supporting such people. Also, this can be a huge election issue here and a party may loose elections if a lot of people suffer because of this.

Tory26

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Now we just have to hope they'll translate these words into reality. They may talk as much as they want, but we need clear steps in this direction.

tee-rex

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Quote from: boilfels on March 17, 2018, 10:40:29 AM

its like the occurrence of water fountain in the midst of large desert. Gave a hope of a new life start

Actions speak louder than words. Words don't mean a lot now anyway, and in your place I wouldn't have futile hopes. If the US and EU crack down on bitcoin heavily, Switzerland will have to back off even if they are overall friendly toward cryptocurrencies. Let's not forget how Washington eventually made the Swiss banks share private info on the accounts opened in these banks by the US citizens and even pay for that.

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