Lugano, Switzerland, has achieved a milestone in crypto payments. The city has established a comprehensive Bitcoin and Tether payment system, allowing residents to pay taxes and municipal fees directly with these two cryptocurrencies. This is not just a technological experiment but a real-world ecological development.
In terms of market scale, over 350 local merchants have integrated into the crypto payment network. To lower the barrier for merchants, the city government also provides free smart POS terminal devices, which significantly accelerate the adoption of the ecosystem. From payment infrastructure to merchant incentives, Lugano has formed a relatively complete crypto payment closed loop.
What does this case demonstrate? The possibility that cryptocurrencies are gradually evolving from purely investment assets to everyday payment tools has been validated. Moreover, proactive government adoption breaks many people's pessimistic expectations about blockchain application implementation. When a city is willing to invest resources in building such infrastructure, it reflects a lasting confidence in the entire ecosystem.
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VirtualRichDream
· 12h ago
Lugano is really getting started, with 350 merchants connected to this data—no need to boast. The key is that the government is actually funding POS installations... It's quite interesting.
I've always said it should shift from an investment product to a payment tool, and now someone is finally trying it out, unlike some cities that just keep shouting slogans.
Swiss people are really serious; if it were my country, we'd have been criticized to death by now haha.
If this set of logic can really be implemented successfully, more cities might follow suit in the future.
But upon reflection, is 350 really enough... It still feels mostly like a pilot project.
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RektButSmiling
· 12h ago
Lugano has really figured this out. Paying taxes with Bitcoin is not a dream; it's the government voting.
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RebaseVictim
· 12h ago
Lugano's move is truly amazing. 350 merchants are connected, and POS machines are given away for free. This is what real promotion looks like.
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CoffeeNFTrader
· 12h ago
Lugano's recent move is truly impressive, with 350 merchants onboarded and the government subsidizing POS devices. This is real blockchain implementation, not just talk.
Paying taxes directly with BTC? This is the first in Europe, showing that the government is serious and not just paying lip service.
Crypto payments are no longer just hype; some cities are already doing it, while others are still talking.
Switzerland is Switzerland, with its strong financial heritage. Embracing crypto is different here, and we need to follow suit.
If this news reaches neighboring cities, it might take another five years before any action is seen.
Lugano has built a complete closed-loop ecosystem so smoothly. If this momentum continues, it could very well become a benchmark city for blockchain applications.
The government actively supporting crypto payments sends a very strong signal. The market should wake up.
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DecentralizedElder
· 12h ago
Lugano this time is really the real deal, unlike some projects that boast about implementation every day but end up with nothing.
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CodeSmellHunter
· 12h ago
Lugano's move really is asking the world a question: What are you still waiting for?
Lugano, Switzerland, has achieved a milestone in crypto payments. The city has established a comprehensive Bitcoin and Tether payment system, allowing residents to pay taxes and municipal fees directly with these two cryptocurrencies. This is not just a technological experiment but a real-world ecological development.
In terms of market scale, over 350 local merchants have integrated into the crypto payment network. To lower the barrier for merchants, the city government also provides free smart POS terminal devices, which significantly accelerate the adoption of the ecosystem. From payment infrastructure to merchant incentives, Lugano has formed a relatively complete crypto payment closed loop.
What does this case demonstrate? The possibility that cryptocurrencies are gradually evolving from purely investment assets to everyday payment tools has been validated. Moreover, proactive government adoption breaks many people's pessimistic expectations about blockchain application implementation. When a city is willing to invest resources in building such infrastructure, it reflects a lasting confidence in the entire ecosystem.