The Blockchain and Us: Interview with Dolfi Mueller, Mayor of Zug/Switzerland

Transcript

[Music] okay you can deny it or you can face it and and we always said we have to face it because these things are coming up if we want or not it will come we don't know exactly what happens but we have to be open mind because this is everything was every time good advice for our city to be open-minded usually you just ask the experts in administration it takes a

long time for planning but this in this situation we just made a decision okay just do it just do it for half a year we get certain experience we said okay we will accept bitcoins also in the next year's we make different roundtables here in sook after the distort of this Bitcoin experiment and for example we invited banks which are living here in sook people from sook bankers from sook and we tried to connect them with people of the su crypto le and ok that they have

been talking together but they these bankers were not so very happy ok they said there are different things with law and it's not so easy for us but but it's also a question of attitude I think it's the same thing as for our city for our administration the banks have to get ready and I know that in a way they are defensive but on the other hand they have in research they have made teams which face these questions and maybe they are waiting a little bit now but they come tonight

I'm sure we had a really good times and through its land in the last 50 years a little kind little kind of wander and maybe that makes you very comfortable I think that's the point and if if people knows ok you have to fight a little bit in life and you have to face the problems and you don't get everything as a present it may be from from the state or or or you have such a easy good job in your life which you earn your money relatively easy I think that the young

generation they really know I have to fight also for my job and and and they live in projects and that's it's not just the employment lifelong employment that's not the model anymore nobody's sleeping did the National Bank is not sleeping I'm sure in Bern they are not sleeping and and banks are also not sleeping good but they are a little bit they are in I think it's a question in the end is a question of confidence and trust do you trust in this technology and I'm sure if there are if

there is more supply of people which accept bitcoins in the market it will going on and and if you have not three we have just three people except in Bitcoin now in sook if there are thousands of this everybody will accept bitcoins it's the same thing with like locomotives or machines or cars and then another it's called the other force technological revolution and I think we are we are at the beginning of social revolution just now and that's why we we

don't close the eyes and some people some people say okay there will be much trouble people will lose their work and everything topless women and that's I'm sure it will happen but it's better we face it then we deny it yes Lucas is in a very special situation because Lucas nearly religious in a small city for Switzerland to meet mid-city on the on the one hand and on the other hand we have copies of globalization here and that's a very difficult task also for politicians

because we have to find a way between people which like tradition and with people which are progressive and maybe it's a little bit easier for soup because that that's our daily business to to find a compromise between these two worlds and maybe that's why it's a little bit easier for us also to to such steps as we did with with Bitcoin it's a special experience here in soup and I think we also can have profit of this this experience we try it and and it's challenge it's usually a town with

30,000 inhabitants that's a very quiet sea the tradition is very important and progress maybe even not two merchants but here we have to to connect this spouse world every every day and every time and that's a challenge a good challenge also especially for the mayor of soup you