Swiss think tank initiates vote to add Bitcoin in federal constitution

Swiss think tank initiates vote to add Bitcoin in federal constitution


2B4CH, a Swiss non-profit think tank assisting the state in exploring cryptocurrencies like Bitcoin (BTC) and blockchain technology, is launching an initiative to potentially make Bitcoin one the country’s reserve assets.

On Oct. 8, the association announced plans to start a federal popular initiative aiming to collect 100,000 signatures for introduction of Bitcoin to the article 99 clause 3 of the Swiss federal constitution.

The initiative specifically proposes to add Bitcoin to the list of assets held by the Swiss central bank, which would make the constitution clause read the following: “The Swiss National Bank shall create sufficient currency reserves from its revenues; part of these reserves shall be held in gold and Bitcoin.”

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But whether the vote is successful or not is not really relevant, as the

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