Interesting to see how far they take this. Finance is never restricted to one country only. The major operations all have transnational elements. I wonder if Switzerland went full crypto while other nations pulled back, how committed Switzerland would remain to it if their conventional finance looked like it was being frozen out because of it.

Yes it is! If switzerland welcomes bitcoin then it will really prosper because it is a country woth so much liberalism and freedom same as bitcoins nature of decentralized system.

I agree. They view crypto as not so disruptive as other nation picture it to be.


I wonder if this has something to do with US asking them to open bank accounts of anyone suspected to be doing some illegal activities like money laundering? Now they embraced crypto which will be another headache for US prosecutors.

https://www.forbes.com/sites/robertwood/2014/10/13/100-swiss-banks-get-ultimatum-hand-over-americans-or-face-u-s-prosecution/#b4be5072eb21

Well, as I know Switzerland it is a land famed and well-known for how it treats the financial aspects of the world. And for it to be able to garner and care for the cryptocurrency market means that they too have recognized the power that the bitcoin can achieve if truly unlockef and to ke that is proof enough that what we are here for means something and it can completely change and revolutionize the world we just need to be able to have an active voice in the campaign

I agree. Countries like Switz is only one good example how cryptocurrencies provide great services to humanity. And not to be afraid of or banned of. If digital currencies are handled well, they really do great to everyone, in terms of convenience, having low transaction fees and so on...

whether a country will lose if its people use bitcoin just because of reduced tax revenue. ?
I think they can pull taxes from a company or something else.
not from the people.

It's great to hear such news.
I hope you are right.
A few years ago I joined one crypto project from Switzerland, swisscoin https://www.swisscoin.eu/ but still this project didn't develop much.
I hope that other projects will be more successful there.

Believe there are already many ICO's which proudly put that Swiss mark in the right or left corner when they publish the ANN or even the whipper. I am sure this is just an attempt to show that how they are proudly launching the ICO's from the country where everything is bitcoin-friendly and thus they have got higher chances of winning the market.

But then everything comes down to the one fact, whether people are going to fall for that, if yes then for how long and what if your headline comes true and then swiss made stuff goes back into the darkness again. It will take no time to happen that one.

I have some personal reservations about the way Switzerland handles finances especially, the ones that has to do with international fraud. But i have to commend them for openly supporting cryptocurrency. I just hope just like you said, there will not be any sponsored campaign against Switzerland.