The Bitcoiners will first need to convince 100,000 Swiss nationals to sign the petition that would kick off a referendum — a threshold that plagued their first attempt back in October 2021.
Several Swiss-based Bitcoiners are renewing attempts to get the Swiss National Bank to hold Bitcoin (BTC) in its reserves by holding a referendum to change the country’s constitution — but they will need to convince more than 100,000 locals to sign a petition first.
Adding Bitcoin to the central bank’s reserves would help protect the country’s “sovereignty and neutrality” in an increasingly uncertain world, said Yves Bennaïm, founder and chairman of 2B4CH, a not-for-profit think tank that is leading the charge.
“We are in the process of completing the organizational preparations for the committee and preparing the documents that must be submitted to the State Chancellery in order to start the process,” Bennaïm told Swiss news outlet Neue Zürcher Zeitung (NZZ) on April 20.
