⚠️ Bitcoin Warning from Chairman of Swiss National Bank ⚠️
🏦 The longest-serving governor of a major central bank expresses skepticism about adding Bitcoin to reserves, citing concerns about liquidity and sustainability.
📉 Bitcoin activist Yves Bennaim initiates a constitutional amendment to allow SNB to hold Bitcoin as a reserve asset, aiming for 100,000 signatures to trigger a referendum.
🗳️ Bennaim expects the referendum to fail due to Swiss conservatism, but aims to spark dialogue about the SNB, despite labeling himself a "toxic Bitcoin maximalist."
💼 In 2014, 78% of Swiss voters rejected an initiative to expand the central bank's gold reserves, highlighting a conservative stance.
📈 SNB currently holds significant gold reserves, totaling 1,040 tons, alongside foreign currency assets and Swiss franc financial assets.
🔄 Chairman Thomas Jordan announced his departure after 12 years, signaling a major change in leadership for the Swiss National Bank.
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