Saturday, 29 October 2016

block chain

Rather inscrutably, the Swiss railway announced that the public, travelling or otherwise, will be able to purchase the virtual currency bitcoin at all ticket kiosks of their extensive network. Valued currently at nearly seven hundred francs per coin, customers will be able to purchase in fractional denominations as well, but not with absolutely anonymity as an electronic wallet would need to be set up—though cash can still flow with a much higher degree of liquidity since no banks are involved. Though some cities in Switzerland, notable the public services of Zug, accept bitcoin for payments, train passengers won’t be able to pay for their fare with this particular tender.