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Why Bitcoin is Inevitable: Switzerland as a Prime Example

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Switzerland is a country that has long been known for its commitment to financial privacy and stability. It is no surprise then that the country has become a hub for Bitcoin and other cryptocurrencies. Switzerland is the perfect example of why Bitcoin is inevitable, as it has embraced the technology and is actively working to make it easier for people to use and benefit from it.

The Swiss government has been very supportive of Bitcoin and other cryptocurrencies, and has taken steps to make it easier for people to use them. For example, the Swiss Financial Market Supervisory Authority (FINMA) has issued guidelines for the regulation of cryptocurrencies, making it easier for businesses to operate in the country. This has helped to create a more favorable environment for Bitcoin and other cryptocurrencies, and has helped to attract more investors and users.

In addition, Switzerland has also taken steps to make it easier for people to buy and sell Bitcoin. For example, the Swiss stock exchange, SIX, has launched a platform for trading Bitcoin and other cryptocurrencies. This makes it easier for people to buy and sell Bitcoin, and to use it as a form of payment.

Finally, Switzerland is also home to some of the world’s leading cryptocurrency exchanges. These exchanges provide a secure and reliable platform for people to buy and sell Bitcoin and other cryptocurrencies. This makes it easier for people to access the technology and to benefit from it.

All of these factors make Switzerland the perfect example of why Bitcoin is inevitable. The country has embraced the technology and is actively working to make it easier for people to use and benefit from it. This has helped to create a more favorable environment for Bitcoin and other cryptocurrencies, and has helped to attract more investors and users. As more countries follow Switzerland’s example, it is likely that Bitcoin and other cryptocurrencies will become even more popular and widely used.

35 thoughts on “Why Bitcoin is Inevitable: Switzerland as a Prime Example”

  1. > many are angry because had stock from that bank

    FFS have they checked how poorly that bank is performing for the last decade before buying the stock?

    Edit: to those who are interested – the bank is in a 15 years downtrend.

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  2. My goal is to just enjoy life. No Mansions but a nice little cottage or apartments around the world just to enjoy each cultural area. Food and festivals from my fellow humans! That’s the future I see from crypto. Also I think i figure out moons lol

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  3. Neither can the dollar default. But the institutions that leverage it can and will. Look at Credit Suisse (SUS). Its how the currency, token, coin is used at the end of the day. Its transparency in the underlining technology to move us forward. Bitcoin stops people pissing around on chain unless caught.

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  4. I would not have guessed that in the middle of a bear market the collapse of some banks makes me so much more bullish on crypto. I know it was the intention behind bitcoin but so far we haven’t seen it in action. I will never sell all my bitcoin and I think many holders have the same mindset.

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  5. As long as we have other shady things than ftx like tether or binance in our ecosystem it is still risky. But after these last few weeks we can really see that banks didn’t learn anything from 2008 and thus are not really better than the cryptosphere

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  6. The best case would be Swiss banks losing customers, but not failing as a whole. This way Bitcoin adoption will increase without triggering a domino effect.

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  7. “ … at roughly $1.7 trillion, the combined assets of the new entity amount to double the size of Switzerland’s annual economic output”

    UBS is going to implode… the fallout will be more far reaching now.

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  8. Just was put skiing in Zermatt this week and spoke to a couple locals there, yeah the Credit Suisse stuff is hitting hard.

    Basically CS and UBS were the two options the Swiss had for banking. Now it’s just the one. The fact that the government needed to print that much to save CS is not installing a lot of certainty.

    This is the time for crypto to shine.

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  9. With which known **bank** have depositors lost money in recent years? **Zero**

    With which **crypto exchange/custodians/banks** have depositors lost money in recent years? **FTX, QuadrigaCX, Celsius, Vauldt, WazirX, Babel Finance, Voyager**, and probably a lot more

    Sure, the global banking system has issues, but the crypto ecosystem is much more volatile and scam-ridden.

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  10. Yep. Credit Suisse was huge. And *trust me bro* it’s not just Swiss people. Because **many** people around the world use Swiss banks with how easy it is to hide your money no-questions-asked and the top-notch security and service.

    Credit Suisse’s “collapse” has absolutely rippled around the world and have many people asking questions. If a Swiss giant could hold up, that a Swiss bank could ley you down, what the case for any others.

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  11. “Swiss people have a high average of financial literacy ” lol, come on over to America and I’ll show you the opposite. It’s taking me years of learning what should have been taught to me in grade school. And I’m one that is trying, most don’t try. I used to be one when I was young

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  12. I m working in Portugal as an immigrant. In my retaurant lots of tourist come for breakfast and lunch. I have met with Polkadot software engineers and teams who came to Lisbon for seminars. Last year binance also agressively promote their NFTs and exchanges too. Near Protocol, Solona and many crypto project run their ads in public places. Some of my restaurant staffs have also invested in crypto. So overall portugal is also moving rapidly forward direction. We can buy groceries, tickets with btc or stablecoins.

    Crypto is innevitable.

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  13. Yeah they’ll all flock to an asset that is propped up by hopes and moon dreams instead. One full of scammers, stable coins going to zero, exchanges going bankrupt. Ability to have your bank account zeroed with no chance of getting your money back.

    And the nightmare of taxes with all these tokens. Just admit your in it to sell to the next fool cause you know there is more fools who will join in the coming years and existing fools still DCAing in. Adoption is a catch phrase for “there are more fools we can get them to join”.

    Hey I’m bullish on crypto you can’t have this many gambling addicts and fools and not have something worth a trillion + dollars. It will be worth more in time as all these people are pumping in more and more good money after worthless tokens gambling their life savings.

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