Are Swiss banks buying Bitcoins?

10 pointstelmich3 comments

Hey HN!

I've been talking to some people here in Switzerland and they say that banks will begin to trade with Bitcoins.

For me this sounds great, as Bitcoin would become an "accepted" or "proper" currency and we (as a company) could accept it safely for selling our hosting.

I am wondering if anyone else heard about this?

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Perhaps you heard about the blockchain technology banks want to implement for doing transactions between eachoter, sort of a replacement to SWIFT.

https://en.wikipedia.org/wiki/R3_%28company%29

If this is the case, this is not bitcoin, but a derived tech that the banks are thinking about using.

actually, there is already a Swiss bank that wants to do just bitcoin in the process of getting licensed http://www.zerohedge.com/news/2015-05-27/switzerland-open-bi...

Swiss banks are notorious for conservatism, not bleeding edge tech. Perhaps Bitcoin's time truly had passed. :)

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