Today guests of one of the best five star hotels in Switzerland can pay for Bitcoin service.
The Dodder Grand announced April 2, the day when Bitcoin rose 23 percent, beginning to receive cryptocurrencies for room reservations, spa treatments and another cup of coffee. The hotel’s managing director, Marc Jacobs, told CNN Money that they produce bitcoins because of the broad potential in the tax industry, adding that they did not really understand the possibility of their success.
As for bitcoin or not bitcoin
The comments came when retailers allowed bitcoin as a means of payment after the service failed to gain traction. According to blockchain firm Shinealysis, in 2018, the use of bitcoin in commercial payments has dropped to 80 percent. Some big companies that have adopted bitcoins have left this option early, given the problems of price volatility and regulation. For example, game company Steam withdrew its cryptocurrency option a year after its adoption, due to the high quotes. Expedia Travel Management Portal and Stripe Payment Processor have also been expanded.
But Swiss companies are still interested in getting into Bitcoin. Jacobs believes the positive sentiment comes from the cryptography-based environment, which allows retailers to properly regulate and help with bitcoin making.