Well Switzerland imposed negative rates because it wants to weaken its currency, the franc, by penalising banks who hold deposits. It also hopes to push up inflation. Now I'm no saying that this is actually a good idea, but it seemed to work in 70s. We're in a different situation now, really.
Why are Swiss pension funds being treated like that?
Because they represent the big money. And big money can't be let away evading interest rates, since imposing them than loses its sense.
I think it boils down to have institutional players with adequate regulatory framework for those with deep pockets to move into BTC. But once that happens, look out, especially if things continue with these bizarro-world banking crises.
Yes, indeed! I think we're on the same page here.
On one hand i'm kind of scared of the shenanigans that come with fall of world currencies. But seeing such stupid unfolding as pointed out by Forbes and ZH, it just make me say "Oh, lets just get it over with" to myself.
