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Switzerland

When Bitcoin Arrives At A Quiet Swiss Hotel

In Switzerland, famous and infamous for its secretive banks, the digital currency Bitcoin is already arriving in the real economy.

Martin Ammann and Roger Widmer
Martin Ammann and Roger Widmer
Mehdi Atmani and Mathilde Farine

BRUGG — After 125 years of quiet existence, the Gotthard hotel, in this small Swiss town, has suddenly landed in the spotlight. Its owner Roger Widmer and his poker partner, Martin Ammann, decided to jump on the worldwide Bitcoin payment bandwagon as a way to "look cool" and attract students from surrounding universities.

The idea worked. Along with the students, journalists and television cameras, as well as a wave of Bitcoin enthusiasts from Switzerland and Germany, have arrived in the hotel in Brugg for a chance to see what it's like to use the new digital currency in the real economy of the Swiss Alps.

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In The News

War In Ukraine, Day 120: Stark World Divisions, As BRICS And EU Meetings Coincide

Russian President Vladimir Putin is being hosted (virtually) by China, along with Brazil, India and South Africa, as Europe is set to offer precious EU candidate status to Ukraine.

Chinese President Xi Jinping

Cameron Manley, Lila Paulou, McKenna Johnson, Bertrand Hauger and Emma Albright

The synching of the diplomatic calendar is pure coincidence, but it offers a clear picture of a world starkly divided nearly four months since Russia’s invasion of Ukraine.

Stay up-to-date with the latest on the Russia-Ukraine war, with our exclusive international coverage.

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China is hosting the 14th BRICS summit alongside the leaders of Brazil, Russia, India and South Africa to discuss global economic recovery, climate action and public health. The meeting is the clearest opportunity for Russian President Vladimir Putin since his invasion of Ukraine to demonstrate that he is not isolated diplomatically.

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