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How significant is Bitcoin in Lugano? Cointelegraph’s Decentralize initiative visits BTC educational sessions.
This week, Cointelegraph journalist Joe Hall invites podcast listeners to return to Bitcoin (BTC) school.
In the newest episode of Decentralize with Cointelegraph, listeners can enjoy interview excerpts, soundbites, and insights from figures such as Blockstream CEO Adam Back and Tether chief technology officer Paolo Ardoino, along with experts in cybersecurity and representatives from Chainalysis.
Paolo Ardoino (left) during an interview with Joe Hall (right).
Additionally, hear from students who participated in the school about their experiences living, breathing, sleeping, and studying crypto continuously for two weeks. An Italian Ethereum enthusiast shares thoughts on Bitcoin maximalism, Latin Americans reflect on European recycling habits, and Taiwanese students adapt to life in the cryptocurrency environment.
This week’s Decentralize episode also explores the extent of Bitcoin and crypto adoption in Lugano, a uniquely Italian city located in southern Switzerland. The city recognized Bitcoin as de facto legal tender a year ago, and significant advancements have been observed since then — with the Bitcoin “B” logo prominently displayed in the town center.
Over 200 vendors in Lugano accept Bitcoin. Major brands such as McDonald’s, Rolex, and even Lamborghini are willing to transact in the cryptocurrency, alongside various pharmacies, convenience stores, and tobacco shops.
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Nonetheless, Bitcoin remains not fully comprehended by the general populace, and considerable efforts are required for Lugano to completely adopt it, as Ardoino noted:
”I wish I was able to say that our job is done, but I think we are just at the beginning. The most important part is the education of the merchants.”
The point-of-sale systems utilized by merchants throughout Lugano also accept Tether (USDT) and Luga, a token available for use by locals and residents.
Related: Pro-crypto city of Lugano and El Salvador sign economic agreement based on adoption
To uncover a secret from Back regarding MicroStrategy CEO Michael Saylor, find out how Paraguayans perceived Switzerland during their inaugural trip to Europe, and learn why the initiatives in Lugano might extend to other regions of Europe, tune in to this week’s episode of Decentralize with Cointelegraph — accessible on Spotify, Apple Podcasts, Cointelegraph’s podcast page, and more.
The episode also provides a preview of an upcoming Cointelegraph documentary focused on life in Lugano. Subscribe to Cointelegraph’s YouTube channel here to view it upon release.
This article is intended for general informational purposes and should not be construed as legal or investment advice. The views, thoughts, and opinions expressed herein are solely those of the author and do not necessarily reflect or represent the views and opinions of Cointelegraph.
