The discussion surrounding the potential inclusion of Bitcoin in the Swiss National Bank's (SNB) reserves is gaining traction. Economists express varied opinions on the feasibility of this step.
Proposal for Bitcoin Reserves
Luzius Meisser, a leading economist, suggests that the Swiss National Bank should consider holding 1-2% of its reserves in Bitcoin. This proposal is part of a larger campaign urging the bank to diversify its assets.
Experts' Opinions
Martin Schlegel, Chairman of the SNB, has expressed reservations, stating that cryptocurrencies are too volatile for the bank's reserve strategy. However, other experts, including Yves Bennaïm, argue that even a small allocation could benefit the bank's portfolio.
Potential Consequences and Referendum
If this initiative is realized, it could set a precedent for other central banks. However, to move forward, it is necessary to gather 100,000 signatures from the public in order to conduct a national referendum.
The discussion surrounding the potential inclusion of Bitcoin in the Swiss National Bank's reserves illustrates the growing tension between financial innovation and traditional approaches. The outcomes of this process could influence not only the Swiss economy but also global practices.
