It's not just Switzerland. It's mostly everybody at this point.

A lot of words written and nothing was said except that he wants cheaper backoffice workforce and I guess that he’s observing that cryptocurrencies are not replacing fiat in people’s day-to-day lives to pay for groceries?

Cryptocurrencies have reached an equilibrium, the next step are probably smart contracts and private blockchains between banks.

I’m uncomfortable with having something in common with Switzerland (Northern Italian, grew up about thirty kilometres south of the border) but here we are.