The discourse surrounding the Swiss National Bank's potential inclusion of Bitcoin in its reserves is intensifying despite resistance. Luzius Meisser advocates for this initiative.
Advocacy for Bitcoin at the Swiss National Bank
Bitcoin Suisse board member Luzius Meisser is advocating for the Swiss National Bank to include Bitcoin in its reserves during a general meeting in Bern. He emphasized Bitcoin's potential amidst global economic shifts.
Swiss National Bank's Resistance
SNB President Martin Schlegel reiterated his stance on cryptocurrencies due to risks associated with high volatility, underscoring his opposition to reserve inclusion. The central bank's priorities include liquidity and stability.
Bitcoin's Role in a Multi-Polar World
Martin Schlegel maintains Bitcoin's volatility as a critical concern for reserve assets at SNB. Despite Meisser's advocacy, the current institutional policy remains resistant to Bitcoin inclusion. Meisser argues for Bitcoin's value in a multi-polar world order. Should the referendum succeed, this could mark a pioneering step for national cryptocurrency reserves.
The discourse surrounding Bitcoin's inclusion in the Swiss National Bank reserves continues to gain traction, highlighting the divergent views between advocates and opponents of the initiative.