Although the Swiss e-ID solution approved by a narrow majority of voters on Sunday is not very centralized and guarantees privacy, it does entail a risk that should be prevented, for example by means of another vote.
While governments dream of digital currencies, Switzerland can shine in other ways. Stablecoins issued by private players offer more freedom and decentralization than an e-franc driven by the National Bank.
The debate over the number of signatures required to put a popular initiative to the Swiss vote raises an essential question: should the number be revised... or should signatories be asked to make more of an effort?
An illiberal project for a liberal currency.
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