Big news about Bitcoin! The Swiss National Bank (like a giant bank for Switzerland) said no to adding Bitcoin to its money reserves. They're worried Bitcoin's price goes up and down too much, making it risky. This is different from some other countries that are thinking about using Bitcoin.
It's like choosing between a super-stable piggy bank and a fun but unpredictable bouncy ball. The Swiss bank chose the piggy bank!
But even though Switzerland said no, many other places are still interested in Bitcoin.
- Switzerland's bank is worried Bitcoin's price changes too much.
- Some people in Switzerland want Bitcoin to be part of the national reserves.
- Other countries are considering using Bitcoin as money.
- Bitcoin's price is about $86,000 right now.
Fact | Detail |
---|---|
Bitcoin's Current Price | Around $86,000 |
Swiss Bank's Decision | Rejected Bitcoin for reserves |
Referendum Needed | 100,000 signatures by mid-2026 |