Why Switzerland Is So Crypto Friendly

00:00 - Crypto Valley
01:03 - Taxes
01:49 - Privacy & Security
02:29 - Regulations
03:01 - Real Use Cases
04:11 - Challenges

#Btc #Bitcoin #Crypto #cryptonews #cryptocurrency

[JK-latestnews]

i spotted Vitalik skiing in the background. 🤣

[Uuur]

I'm Swiss and had no idea Zug was so big in crypto. I told my wife about the business tax and she said we're moving there 😂

[RealBossLibertarian]

Great video, as always. Thanks for the info about the two Swiss banks.

[freeradical]

Fantastic presentation ! Thanks Heidi!🎉

[fnabiev]

Love Switzerland and love ICP!
Cheers from Boston, US.

[JanPBtest]

The first letter of "Zug" is pronounced as the "z" in "pizza" or "Mozart". The "u" is very rounded, like "ou" in "you".

[vancryptoz]

In Lugano there are a lot of places where you can spend (real estate advisors, cars, food, meals up to mcdonalds....)

[helenefalk]

Thanks for the video. That wealth tax that you mentioned is taken every year. So in your example from Zug that means 0.25% of your entire wealth is paid in tax every year. And if you own real estate like a house, watch out, they have something called self rent tax (Eigenmiete) which means you pay tax on the fictitious income you would get by owning a house and not paying rent. Very odd.

[izecold]

Awesome, thanks Heidi. Happy Holidays!

[LangAmor]

How nice to see that you're in Switzerland. I have my base there. Enjoy!

[tolun]

When I think of Switzerland, I think of the following, in this order: Beautiful mountains and skiing, banking, direct democracy, rich people, watches, low (?) taxes, cheese and Tangem wallets.

[billfrenger]

Thank you Heidi. Have you and Toby been doing any snowboarding? Has he caught any tall snow waves yet?

[robholubmusic]

how long are you guys staying in Switzerland? Would love to meet up

[theGabester]

Is not Switzerland, one of the most expensive countries in the world?

[jonathanhirschbaum]

This is next level greenscreen technology !!!!

[NeuroPulse]

Woah, that CG snowball looked super realistic!

[nathanpen]

Thanks Heidi. The best part about Switzerland is the ability to pay for items directly with crypto. I can't emphasize how important this is for the adoption of Bitcoin. We can't be forced to sell back into TradFi before we can use it in real life. If that is the standard, it will be easily chocked off.
Since you two have the means, I'd like to ask that in your travels you help the community see more of the world were people are easily paying for daily goods and services directly with Bitcoin. Perhaps you can visit Argentina, El Salvador, and other parts of Latin America and give us a real view of the adoption. Are people paying for goods and services directly or are they being corralled into KYC banking institutions before being able to do anything.

[Cryptoyup]

That's a nice lookin chart in the background

[JorgeGonzo]

There‘s another City called Lugano, where you can pay with Bitcoin in nearly 300 restaurants and stores.

[balkbgboy]

That is why i love being in Switzerland..😊