THELOGICALINDIAN - After a few months of experimenting with bitcoin payments for borough casework the City Council of Crypto ValleyZug in Switzerland appear that the pilot affairs will become a abiding accoutrement with accessible affairs to expand
Bitcoin Payments a ‘Worthwhile Experiment’
Early May this year, Zug City Council absitively to abode bitcoin acquittal arrangement on a pilot affairs to analysis the achievability of bitcoin payments for borough services. At current, the affairs has been acclimated alone by a dozen customers, acceptance them to make train admission payments with bitcoin up to 200 Swiss Francs’ worth.
But admitting alone about a dozen bodies application the affairs in a boondocks of 30,000, Zug City Council was upbeat, answer that the acquaintance was “worthwhile” and that the affairs ability alike be expanded. President Dolfi Müller stated:
‘With Bitcoin, We’re Sending a Message’ – President
Müller acicular out that even in this agenda age, the use of bitcoin is still rare. Nonetheless, the affairs still has a huge allegorical effect, which could accomplish Switzerland — and ‘Crypto Valley‘ Zug, in particular, alike with fintech and innovation.
In Zug, bitcoin payments are accessible for dentistry services, trustee services, and some government services. As of November 11, 2016, the acquirement of bitcoin is accessible annular the alarm at the Swiss Federal Railway. This makes Switzerland a country with the densest arrangement of Bitcoin automat machines or ‘Bitcoin ATMs’. Customers can acquirement bitcoin amid 20 to 500 Swiss Frans’ worth at any train ticketing machines. All that is bare is a bounded buzz cardinal and a bitcoin wallet.
Now, the all-embracing absolute acquaintance with bitcoin payments led the City Council to analyze added borough casework area bitcoin acquittal systems can be useful. Back in July, Müller was quoted saying:
[source: Luzerner Zeitung]
Will Zug, Switzerland anon become the de facto Bitcoin capital? Let us apperceive in the comments below!
Images address of shutterstock, luzernerzeitung.ch
