Bitcoin in Switzerland

[skycorridors]

https://www.youtube.com/watch?v=LScsLf1O2io
There might be something special about Switzerland that attracts so many blockchain startups to the country.

During 2017, Swiss-based ICOs raised about $550 million in funding, which was about 14 percent of the global ICO market.
Zug Switzerland is known as "Crypto Valley" and home to over 50 blockchain startups despite its small population of less than 30000 people. Davos Switzerland is renowned for hosting the World Economic Forum each year, and this year for the first time there was a really strong crypto presence there thanks to the team from DecentraNet.

I visited Davos and Poschiavo, and chatted to some of the people working in blockchain about why Switzerland might be good for the blockchain industry.

[vit05]

It's all about taxes and regulations. We all know that Switzerland has a history of laws that are more favorable to profit, to profit-seeking entrepreneurship. To the bank and financial institutions.

Several companies had serious problems in their countries of origin and had to change their jurisdiction. But Switzerland has attracted many corporations linked to the blockchain. And if I'm not mistaken, it has one of the largest vaults for keys to blockchain.