The Swiss Municipality of Zermatt Allows Taxpayers to Pay Taxes In Bitcoin
Zermatt has become the second town of Switzerland who allows its residents to pay their taxes in Bitcoin.
Bitcoin (BTC) is a digital currency created in 2009 by an unknown person using the alias Satoshi Nakamoto. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer Bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a publicly distributed ledger called a blockchain
Zermatt has become the second town of Switzerland who allows its residents to pay their taxes in Bitcoin.
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