Post
Topic
Board Bitcoin Discussion
Re: Switzerland Wants to be The Crypto-Nation
by
Lucius
on 02/03/2018, 11:05:54 UTC
http://www.coindaily.co/2018/03/01/switzerland-wants-to-be-the-crypto-nation/

Switzerland's tiny neighbour, Liechtenstein, is taking a leadership position with much bolder policies and a faster, more focused government that truly understands and embraces blockchain technology. For that reason, it truly deserves the title of "cryptocountry".

I think Switzerland will catch up eventually. BTC will go to moon. How do you think?

If I understood correctly, Switzerland wants to create its own cryptocurrency controlled by the bank. They will adopt blockchian to their needs and create e-franc as an electronic payment system to replace cash.

Switzerland is known for some time as a very friendly country when it comes to cryptocurrency,you can even pay your tax in BTC in town of Zug if I remember well and also buy BTC on machines for the purchase of railway tickets.But in this article there is no too much or at all mentioning of BTC,but the main theme is how will bank prevent some digital currencies to take place they have now.

Quote
The risk for central banks if they do not launch digital versions of their currencies is that they hand control of payment systems to a “wild west” private sector.

So that "wild west" is maybe BTC,and since they (banks) can not control BTC only way to stay in game is to create their own digital currency.But I think that BTC still has its future,it is first decentralized currency for people and because of that there is a huge interest in it.