
Switzerland’s Bitcoin reserve push failed. Data says: not enough signatures.
Switzerland’s attempt to push Bitcoin into the national reserve just failed.
The campaign wanted the Swiss National Bank to hold Bitcoin as part of its reserves, but it only collected around 50,000 signatures - less than half of the 100,000 needed to trigger a national referendum.
The Swiss National Bank has been against the idea for a while, mostly because of Bitcoin’s volatility and liquidity risk. Basically: “cool asset, too spicy for central bank reserves.”
The campaign founder said even though it failed, it still helped push the conversation forward around Bitcoin’s role in global finance.
Right now, only a few countries actively hold Bitcoin, like El Salvador and Bhutan.
So no, Switzerland is not adding BTC to reserves yet.
But the fact this even reached 50k signatures says something. The idea is not mainstream policy yet, but it is no longer some basement internet theory either.
This look like it gonna take more times, and until then it will be a big news. Keep stacking.