Here the Swiss Central Bank has a frantic desire to add bitcoins to its reserves!
The group intends to oblige the Swiss National Bank (SNB) to include BTC along with gold in its reserves.
The Bitcoin Initiative believes that given the fundamental financial prospects that the flagship cryptocurrency can offer investors, it is time for the SNB to turn its attention to Bitcoin and consider it as a component of a reserve asset, on a par with gold.
The initiative group believes that the SNB, on the whole, takes a sober view of such proposals. However, in this case, time is of the essence and the national bank needs to be decisive.
Otherwise, SNB may find itself in a “catch-up” position and lose the benefits of early investment.
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