Switzerland wants to hold a referendum on adding bitcoin to the list of assets of the country’s central bank

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Switzerland may soon launch an initiative to collect signatures in support of bitcoin.

The initiator is 2B4CH, a non-profit think tank that studies the social and financial transformations caused by Bitcoin and its blockchain, and more generally the impact of decentralized cryptocurrencies and related distributed ledgers. This center helps the government to study cryptocurrencies.

Switzerland wants to hold a referendum on adding bitcoin to the list of assets of the country’s central bank

At the moment, 2B4CH is investigating the reaction of the community to see if it will be able to collect the 100,000 signatures required to launch the referendum procedure for amending the constitution.

The main idea is to add bitcoin to the list of assets of the country’s central bank. If this happens, the relevant article of the Swiss constitution will look like this: “The Swiss National Bank must create sufficient foreign exchange reserves from its income; some of these reserves will be held in gold and bitcoins. ”

At the same time, 2B4CH doubts the success of the vote.

We are not overly optimistic that the law will actually be passed, but the goal is to get 100,000 signatures to start a public conversation and open debate.

At the same time, the initiative is currently at the stage of formulation, so that, as a result, it may change its appearance.

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