Imagine a super-secret money vault for a country like Switzerland. The people in charge are deciding what to keep inside – gold is already there, but should they add Bitcoin? Bitcoin is a type of digital money.
The head of the Swiss bank, Mr. Schlegel, said no! He thinks Bitcoin is too risky.
Here's why:
- Bitcoin's price goes up and down wildly – not good for saving money!
- It's hard to use Bitcoin quickly if the bank needs money in a hurry.
- Software can have mistakes, making Bitcoin less secure.
Fact | Details |
---|---|
Bitcoin's Stability | Very unstable, according to the Swiss bank. |
Swiss Bank's Opinion | They don't want to keep Bitcoin in their vault. |
Signatures Needed for a Vote | 100,000 signatures are needed to have a vote on the issue. |