Lugano: Swiss Crypto Hub Where Bitcoin Pays for Everything  The Swiss city of Lugano, located in the Italian-speaking canton of Ticino, has turned itself into the European capital for cryptocurrency through its bold “Plan ₿” scheme, which lets citizens and businesses transact in Bitcoin and Tether for almost everything. The joint city of Lugano and Tether program is to build blockchain technology as the core of its financial infrastructure, the first major European city to scale to such a level with crypto payments.  Widespread merchant adoption More than 350 businesses in Lugano now accept Bitcoin, from shops to cafes, restaurants and yes, even luxury retailers. From coffee and burgers to designer bags, residents can buy it all with cryptocurrency — and still have the option to pay in Swiss francs. Entrepreneurs have adopted the system in large part because of cost – with transaction fees far lower for Bitcoin (less than 1 percent) than for credit cards (between 1.7 and 3.4 percent).  Acceptance of cryptocurrency has now been expanded by the city council from retail exchanges to all city payments and services. Residents and business can now use a fully-automated system with the help of Bitcoin Suisse to pay taxes, attend preschool, or settle any other city-related bill in Bitcoin or Tether. Since the payment process is based on Swiss QR-Bill, users just scan the QR codes on the bills and pay them via mobile wallets.  Technical infrastructure  Bitcoin Suisse, the technical infrastructure provider, processes payments and manages integration with current municipal systems. The crypto payment option is alongside more traditional options such as bank transfer and payments at post office counters, so everyone’s needs are accommodated. The Deputy Chief Financial Officer Paolo Bortolin said Lugano is “pioneers” at the municipality level in providing the unlimited acceptance of Bitcoin and Tether without requiring the manual generation of special crypto-friendly invoices. Plan B encompasses more than just payment infrastructure, including educational initiatives like the Plan ₿ Summer School in collaboration with local universities and an annual Plan B Forum conference held each October.  The initiative positions Lugano as Europe's premier destination for Bitcoin, blockchain, and decentralized technology innovation, with the Plan B Foundation guiding strategic development and long-term vision. City officials, including Mayor Michele Foletti and Economic Promotion Director Pietro Poretti, remain committed to scaling blockchain adoption throughout all facets of daily life in Lugano.

Lugano: Swiss Crypto Hub Where Bitcoin Pays for Everything #BitcoinCity #CryptoPayments #Lugano

Nayib Bukele’s "Bitcoin experiment" in El Salvador has essentially become a cautionary tale of technical debt. By tethering a fiat-less economy to a high-volatility asset, he bypassed the "First Principles" of monetary stability (predictability and local circulation) in favor of a "Tech Bro" PR campaign. The "President of Bitcoin" Performance Review Systemic Fragility: When the market dipped, his "career" as a financial innovator turned into a desperate PR exercise. The "Bitcoin City" he promised at the foot of a volcano remains a digital mock-up—a "vaporware" project that ignored the physical reality of geothermal engineering costs and localized energy needs. The "Auth" Problem: Just like the DOGE brats, he handed his citizenry a closed-source wallet ("Chivo") that was riddled with bugs and identity theft vulnerabilities. It was a "top-down" implementation that ignored the "bottom-up" UX of the unbanked population it claimed to help. Current Standing: He remains in power through a "brute force" rewrite of the judicial system (deleting the "Constitutional check" lines), but the economic backend is on life support. The "career" is looking more like a Dictatorship-as-a-Service model than a successful fintech startup. He’s pivoted from "Bitcoin Visionary" to "Security Hardliner" because when the code (economy) fails, the only thing left to do is suppress the error logs (dissent).

#UnFunFact: El Salvador prez Bukele planned a #BitcoinCity!!

Nayib Bukele is now on the evil side of the current global war that the evils are losing in ways they don't understand every day. He genocides US browns.

generated Bukele Bitcoin dirt in alt text; he made every mistake

pure megalomania

#ElSalvador #CryptoColonialism #Bitcoin #VentureCapital #Inequality #GlobalSouth #BitcoinCity #DigitalEconomy #EconomicJustice #TechColonialism

Bradford electricity supply stolen for cryptocurrency 'mine' Officers find an electricity supply in Bradford which has been compromised to mine cryptocurrency.

#Bradford is the real #BitcoinCity

www.bbc.com/news/article...

Au Salvador, Bitcoin City 🇸🇻 rêve d’un avenir alimenté par un volcan 🌋 et financé par le minage de bitcoin ₿ Mais les coûts élevés et les retards freinent le projet 🏗️

Les défis énergétiques restent à relever ⚡

#21Mcrypto #21M #BitcoinCity #volcan

Heading to Honduras and El Salvador

#NetworkState
#Prospera
#BitcoinCity
#techfascism
#venturecapital
#broligarchy
#nerdreich
#slavelabor
#meatgrinder

‘They turned our home into a cemetery’: the high price of El Salvador’s Bitcoin City dream Mangroves are being destroyed and residents displaced to make way for an airport to serve president Nayib Bukele’s vision of a tax-free economic hub

#bukele #bitcoincity #elsalvador

www.theguardian.com/global-devel...

‘They turned our home into a cemetery’: the high price of El Salvador’s Bitcoin City dream Mangroves are being destroyed and residents displaced to make way for an airport to serve president Nayib Bukele’s vision of a tax-free economic hub

#ElSalvador 's #BitcoinCity is ploughing ahead. And making a mess.

www.theguardian.com/global-devel...

#Alert| Early today, the house of the artist and digital activist, Temple of Evil, was raided. Just as, in the case of another journalist, they took his computer and mobile phone. They told him that his case is not publicly available.
#ElSalvador #BitcoinCity #NayibBukele #SurfCity #HumanRights

Comunidad Drag indignada por cierre de emblemático bar en el Centro Histórico

www.elsalvador.com/noticias/nac...
#gentrificacion #sansalvador #bitcoincity #elsalvador #lgbtq #soloensivar

Zar de las criptomonedas y otros bitcoiners compraron edificios históricos en el centro de San Salvador por más de $7 millones de dólares Giancarlo Devasini, cercano al gobierno Bukele y uno de los personajes más destacados del mundo de las criptomonedas, y Max Keiser, asesor presidencial en bitcóin, aprovecharon la entrada en vigencia ...

En noticias totalmente distintas sobre #bitcoincity
www.revistafactum.com/ciudad-dorad...

El Salvador Seals $1.6 Billion Deal For Bitcoin City Development El Salvador's $1.6 billion investment in port development and Bitcoin City signals its ambition, merging tradition with digital innovation for a transformative future.

#BitcoinCity #Blockchain #Development #ElSalvador #investment
🚨El Salvador Seals $1.6 Billion Deal For Bitcoin City Development🚨
What makes a country undertake an ambitious project that intertwines its future development with cutting-edge technology?

El Salvador Secures Investment to Enhance Ports and Develop Bitcoin City El Salvador's $1.6 billion investment reshapes ports and paves the way for Bitcoin City, heralding a new interwoven future of commerce and digital innovation.

#BitcoinCity #cryptocurrency #ElSalvador #investment #PortsDevelopment
🚨El Salvador Secures Investment to Enhance Ports and Develop Bitcoin City🚨
What does $1.6 billion truly signify for a country on the brink of economic transformation?


El Salvador is stepping boldly into a new era.

🔥 El Salvador’s Bitcoin City is full steam ahead, harnessing volcano energy for mining. #BitcoinCity #AIart

🔥 El Salvador’s Bitcoin City is full steam ahead, harnessing volcano energy for mining. #BitcoinCity #AIart