This interview is the long-form version of a conversation with Dolfi Mueller, Mayor of Zug/Switzerland, the first municipality in the world accepting bitcoin. www.stadtzug.ch. The city is also the main hub in the “cryptovalley” initiative.

Clips from the interview

You can deny it or face it
“We always said we have to face it because these things are coming.”

Bitcoin and banks
“Banks have to get ready. They are currently defensive.”

The beginning of a revolution
“We are at the beginning of a revolution, the Fourth Industrial Revolution. It’s inevitable some people will lose their jobs, but we have to face this rather than deny it.”

A compromise in the global village
“Zug is a quiet city, and the bitcoin experience is unusual and quite special.”