US Municipalities Hesistant on Bitcoin

FacebookTwitterGoogleVkontakteRedditEmail this page

While the city of Zug, Switzerland, begins testing bitcoin payments, municipalities in the U.S. still see bitcoin as high risk with little reward. They’ve had the option to accept bitcoin for city services for four years thanks to a forward-thinking Ohio company. Yet, not one has updated their online payment methods.

Also Read: Switzerland’s SBB Railway Offers Bitcoin At 1,000 Kiosks

Municipal Software with Bitcoin Integration is a Thing


Citizen service provider E-Gov Link, which announced bitcoin integration in March 2013 (mere weeks after FinCEN released its first guidance), has yet to onboard a single bitcoin-accepting municipality. Not one.

The company, which is the only major provider of municipal software integrating bitcoin payments, has fielded only “a handful of calls from municipalities that specifically expressed interest,” according to CEO and founder Jerry Felix. E-Gov Link allows individuals to

Read more ... source: TheBitcoinNews

Let's block ads! (Why?)

Powered by Bitcoin Central