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Title: Zug - a city in Switzerland accepts BTC / Pay cycle messenger with BTC in Bern Post by: vlom on May 05, 2016, 07:58:31 AM A city in Switzerland, Zug, accepts bitcoins.
people living there can pay fees with BTC. You can pay up to 200 swiss franc (CHF) in bitcoin. really nice to see this. the question is: will Zug hold the BTC or change them to fiat. http://www.luzernerzeitung.ch/nachrichten/zentralschweiz/zg/zug/Im-Zuger-Stadthaus-kann-mit-Bitcoins-bezahlt-werden;art93,729800 EDIT: More good news from Switzerland. A cycle messenger in Bern "sells" and delivers food. Customers can pay with BTC. http://www.btc-echo.de/schnellerteller-akzeptiert-bitcoin/ Title: Re: Zug - a city in Switzerland accepts BTC Post by: Fraxinus on May 05, 2016, 08:05:29 AM That is something really nice to see.Just imagine the possibilities available for bitcoin once more and more cities allow the citizens to pay with bitcoin various fees and services.And,not least,there is now more freedom for the citizens in this city to make financial transactions the way they're willing to.
Title: Re: Zug - a city in Switzerland accepts BTC Post by: Lauda on May 05, 2016, 08:05:51 AM Quote In der Stadt Zug können ab dem 1. Juli Technically they don't accept Bitcoin payment yet, but this will happen within 2 months (albeit, this is great to hear). For those that are interested, the population of the city is: ~27k.the question is: will Zug hold the BTC or change them to fiat. Well, it comes down to the reasoning behind the decision. If there is someone from Switzerland or the area, they could very well easily find this out.Title: Re: Zug - a city in Switzerland accepts BTC Post by: vlom on May 05, 2016, 08:37:58 AM They want to promote their «Crypto Valley Zug». ETH foundation is in Zug too.
Taxes are very, very low in Zug and now they want to join the "new movement". After "Panama Papers" they need good publicity. And Zug wants to compete against Zurich. Which city will be the crypto capital of Switzerland? CRYPTO VALLEY: ZUG VS. ZÜRICH https://www.bitcoinnews.ch/857/crypto-valley-zug-vs-zuerich/ Title: Re: Zug - a city in Switzerland accepts BTC / Pay cycle messenger with BTC in Bern Post by: NUFCrichard on May 05, 2016, 08:56:08 AM People always talked about the Switzerland of bitcoin, maybe it can be Switzerland after all!
The Americans have started to force the Swiss banks to open their books, meaning that the super rich can't hold their money in Swiss banks anymore. Maybe they will start to look at Bitcoin, that would be a real influx of money! As for Zug, nice, but I doubt many will pay their bills in Bitcoin until it is used far more widely than now. Title: Re: Zug - a city in Switzerland accepts BTC Post by: tobacco123 on May 05, 2016, 09:09:00 AM That's a great start... Switzerland is one of the top cashless societies. Bitcoin is definitely a perfect match. Hopefully there is free wifi at the counters where you make payments.
Title: Re: Zug - a city in Switzerland accepts BTC / Pay cycle messenger with BTC in Bern Post by: NUFCrichard on May 05, 2016, 09:31:33 AM I think I'd rather use my mobile data, if I log onto the local Wifi surely they could tamper with or intercept my transaction.
If I use a public network, I don't use it for anything financial. Title: Re: Zug - a city in Switzerland accepts BTC / Pay cycle messenger with BTC in Bern Post by: Lauda on May 05, 2016, 09:46:00 AM I think I'd rather use my mobile data, if I log onto the local Wifi surely they could tamper with or intercept my transaction. The chances of this happening are very slim. Why would anyone want to risk their position by tampering your small transactions? However, I do understand your point with mobile data (although your ISP could do the same).They want to promote their «Crypto Valley Zug». I don't see anything wrong with that?Taxes are very, very low in Zug and now they want to join the "new movement". After "Panama Papers" they need good publicity. Title: Re: Zug - a city in Switzerland accepts BTC / Pay cycle messenger with BTC in Bern Post by: Pablo Elpuro on May 05, 2016, 12:22:57 PM To make the german newspaper understandable better:
Quote Dolfi Müller, the mayor of the city of Zug: "We want to express our openness to the new technologies and make own experiences soon. We will invite the FinTech-companies, what already are resident in the city of Zug to exchange ideas. Its our goal, to meet their needs for an optimal integration in our life and economy.” In the “CryptoValley” of Zug reside already 15 (!) crypto-companies, of what ETH is only one. This makes more than 1 crypto-company per 2000 citizens. This is reasoned not only by the lowtax-condition, but essentally by the reliability of the swiss law and the hardness of the swiss fiat curreny too. This is probably reasoned not by the crypto-interest of the citizens of Zug really. Quote The pilot project of the city of Zug is initially limited to chargeable services of the citizen-control up to a limit of 200 francs (~200$). That means, not taxes, but potentially all the taxcharged supplementary-services of the citizen-control (of what exist few). Its a pilot-project limited until end 2016 and thereafter will get decided, if it is getting continued, stopped, extended to other cryptocurrenciec and/or extended to other services of the city. That potentally could be electricity, water etc. ..maybe even the parking-fines. ;D the question is: will Zug hold the BTC or change them to fiat. I am sure, the Swiss will make about hard fiat swiss Frankly immediately, because they will certainly not take the responsability for the currency-fluctuations of the BTC against the fiat in the bilance of the city. Thats very public in Switzerland and losses would be very unpopular. That's a great start... Switzerland is one of the top cashless societies. Bitcoin is definitely a perfect match. Hopefully there is free wifi at the counters where you make payments. No, I cannot confirm at all. Switzerland is one of the low cashless societies.. The Swiss like to pay cash always. ;D Its always the normalcase to pay cash in the swiss supermarket. Title: Re: Zug - a city in Switzerland accepts BTC / Pay cycle messenger with BTC in Bern Post by: Pablo Elpuro on May 05, 2016, 01:09:33 PM More good news from Switzerland. A cycle messenger in Bern "sells" and delivers food. Customers can pay with BTC. http://www.btc-echo.de/schnellerteller-akzeptiert-bitcoin/ Its concretely a cooperation of 10 quite famous restaurants of the city of Bern with a local cycle-messenger. Its named "Schnellerteller", what is a great name meaning "fast-plate". The what is extraordinary about, is effectively the cooperating bike-courier: its the firstone at all of the world, what accepts Bitcoin. Its a double-hit: its Bitcoin and its Eco. Tatatataa.. Tatatataa.. Congratulations. ;D Another idea with an incredible potential of reproduction. Title: Re: Zug - a city in Switzerland accepts BTC / Pay cycle messenger with BTC in Bern Post by: n0ne on May 05, 2016, 01:12:56 PM We can appreciate the adoption of the particular store, it's not a matter whether they convert to fiat or not. This would help bitcoin get established in that locality.
Title: Re: Zug - a city in Switzerland accepts BTC / Pay cycle messenger with BTC in Bern Post by: vlom on May 05, 2016, 01:15:10 PM The what is extraordinary about, is effectively the cooperating bike-courier: its the firstone at all of the world, what accepts Bitcoin. Its a double-hit: its Bitcoin and its Eco. thats exactly what i thought while reading this. plus: to use bitcoin for everyday things - like buying food online - is what will help bitcoin to be even more successful. |