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In Lugano, Switzerland, people can now buy everything they need in the city (including McDonalds!) with Bitcoin and Tether, and people even get a 10% cashback through a stablecoin

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by COINS NEWS 115 Views

In Lugano, Switzerland, people can now buy everything they need in the city (including McDonalds!) with Bitcoin and Tether, and people even get a 10% cashback through a stablecoin

Four months ago, The mayor of Lugano, which is the biggest city of the Italian speaking side in the south of Switzerland with its own airport, announced the city of Lugano was going to develop an amazing crypto project. This plan was called "Plan ₿" (insert $100K EOY 2021 jokes). The mayor expected that soon:

  • More than 200 shops and businesses in the area would accept crypto payments for goods and services. This includes shops like McDonalds.
  • Crypto payment would first be made possible through Bitcoin and Tether.
  • People who pay with crypto can get a 10% Cashback in the city’s own CHF-denominated stablecoin LVGA.
  • Residents would soon be allowed to to pay taxes with crypto

https://preview.redd.it/0cukck3tztfa1.png?658&format=png&auto=webp&s=41c7f99de4345d1a587c15d979f28a5b99019287

Four months later - February 2023

Now, four months later, there are major updates on this wonderful project, as much of the plans have come to fruition. Here's a map of all the merchants that allow people to pay with Bitcoin and Tether.

Hotel, food, drink, McDonalds, coffee? You can simply pay with Bitcoin or Tether!

https://preview.redd.it/pn8e1kncytfa1.png?900&format=png&auto=webp&s=0a22dd39b0626b0fab356d9029934d44254c002e

The mayor also just published a video to show how easy it is to shop in Lugano using Bitcoin and Tether. In the video, the mayor demonstrates how to (A) buy a book, (B) "trim the beard", and (C) get a coffee, all using a Lugano app on his phone to pay with Bitcoin or Tether. You can even get a 10% cashback through the city's own stablecoin LVGA.

The link to the video is here (Twitter).

Living the dream.

submitted by /u/Beyonderr
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