Switzerland’s Crypto Debate: Unsettling the Stability of Bitcoin Reserves

As inflation and economic uncertainty weigh heavy on Switzerland, calls to reassess its Bitcoin reserve strategy are intensifying. A group of crypto advocates have launched a referendum pushing the SNB (Swiss National Bank) to incorporate Bitcoin alongside gold as a shield against global instability. However, the SNB remains resolute in its stance, dismissing this proposal as too volatile and unreliable for official reserves. In their view, the traditional financial framework remains prioritized over the uncertainties of Bitcoin’s price fluctuations and technical vulnerabilities.