Switzerland is famous for being a neutral country, which has helped it stay safe through many wars. However, in order to become successful with its policies, this country had to go through many different challenges.
Similar to Switzerland, Bitcoin is also neutral in that it is not affiliated with any country or organization in the world. Besides, Bitcoin also has many similarities with Switzerland in terms of finance. So everyone will find out in the article below how detailed those similarities are.
4 Factors That Help Switzerland Never Be Invaded
To become a neutral country that has never been invaded, there are 4 factors below:
- Geographical location
- Diplomatic strategy
- Economic way
- Prepare for war
Great geographical location of Switzerland
Geographical location of Switzerland
Switzerland is a small country with an area of about 41,000 km2 with about 8.5 million people. The geography of Switzerland has a number of outstanding features such as:
- Southern: is the Anper mountain range (the most majestic mountain range in Europe) with an altitude of about 2.5km above sea level, only slightly lower than Fanxinpan mountain in Vietnam but the terrain is more complex and the climate is harsher. so many. This is also the mountain separating Switzerland, Austria and Italy. For the South, Austria and Italy cannot attack Switzerland in this direction.
- North: is the Jura mountain range separating Switzerland and France. With the Jura Mountains, it is also very difficult for France to attack Switzerland.
- West: is a narrow space of land with some places only about 6km so it is easy to defend France from this direction. Besides the narrow space, the large Lac Lerman lake also contributed to preventing French soldiers from easily entering Swiss territory.
- East: is also a narrow space but is the border between Switzerland and Germany. Besides, Switzerland is the upstream source of the Rhine River, which is the water source that nourishes half of the population of Germany and the Netherlands. Besides, the large lake named Orbersee also contributed to preventing the German partisans from entering Swiss territory.
It can be seen that Switzerland’s geographical position is “easy to defend, difficult to attack”, so that is also the reason why after many wars this country has never been invaded.
Neutral diplomatic strategy
The reason for determining neutral diplomacy was in 1515 when the Swiss Confederation lost to France in the battle of Marigano, causing the country to pay war compensation at great expense. After this war, the Swiss Federation began to abandon the expansionist development strategy and focus on economic development.
It was not until 1815 that Switzerland officially began to follow a neutral diplomatic orientation. Former President of the Swiss Confederation Hans Rudolf Mers for the 2009 – 2019 term once said as follows: “Switzerland is a neutral country and will not join any alliance in the world. That is our country’s tradition.”
Schema of the European Union with neutral Switzerland in the middle
Indeed, Switzerland has gone 200 years without participating in any war. Do not join any organization or alliance, including the European Union or NATO Military Alliance with the participation of more than 30 countries.
To achieve today’s results, Switzerland had to overcome many different hardships and challenges because in the world there are many countries that declared neutrality such as Iceland, Austria, Costa Rica, Finland but Until now Switzerland is the oldest and most prestigious country.
Export credibility to the world
Credit Suisse is one of the world’s largest private banking organizations with branches in Switzerland and numerous international markets.
Switzerland’s neutral position started World War I when some countries won the war in the early stages, Germany and some fascist countries, especially officials who looted the property, gold and silver of other countries. lost but don’t know where to put it, Switzerland emerged as a bright candidate as a safe place to store assets.
Happily, Switzerland said: “I will not participate in any war, besides I also do not participate or belong to any faction, but if you have too much money and don’t know where to put it, please give it to us to keep. Even if you are arrested or shot, your property is still safe.”
Therefore, Switzerland gradually becomes a place to store assets and money for the world’s elites and tycoons. Any country, individual or organization that attacks Switzerland is declaring war on Switzerland. people who are depositing piles of assets in Swiss banks.
Besides, there are also many laws that help elites store assets safely in Swiss banks such as:
- Only senior managers can view detailed information about account holders, but traders do not have the right to view transaction information.
- Swiss Law prohibits disclosing customer information to any third party, whether the Tax Department, the Government or the Investigation Agency of any country, even Switzerland.
The motivation to develop a neutral country partly also comes from the fact that Switzerland does not have any geographical strengths when:
- Switzerland is landlocked.
- Mountainous terrain hinders the development of heavy industry and transportation.
- Poor natural resources.
- The population is small and unevenly distributed.
That’s why Switzerland has chosen products that few places in the world have TRUST to export to the whole world.
Similarities Between Switzerland & Bitcoin
Geographic location of Bitcoin
If the four sides of Switzerland are covered with high mountains and large lakes, the strength of Bitcoin’s geographical location is a network of miners around the world and the power of the company. Blockchain technology.
With a network of excavators distributed around the world, Bitcoin becomes a country with no borders, no capital, and no center.
Perhaps in the past, the center of Bitcoin development was in China. China fought a strong war with Bitcoin when it banned Bitcoin mining. The attack clearly had an impact on the network, but after a short period of time the network returned to pre-war levels and conquered new heights.
Blockchain technology also provides a strength that helps the Bitcoin network have never been successfully attacked by third parties.
With the above two things, it is very difficult to take over the Bitcoin network based on both mining speed or direct attacks to change parameters on the network.
Bitcoin is also neutral
Bitcoin has been anonymous since its inception and the founder of Bitcoin has also been missing since the moment Bitcoin was born. Bitcoin is also not in any alliance in the world, whether small alliances or large alliances.
Similar to Switzerland, Bitcoin is not the first neutral coin, but up to now Bitcoin is the oldest, most successful and most popular. It is the oldest factor in the cryptocurrency market that has helped Bitcoin continue to reign supreme since its inception.
Bitcoin also exports trust to the world
With Blockchain technology, Bitcoin brings to the world, especially the elites and tycoons, a number of factors such as:
- Transparent but also very private: People can only track wallet addresses, but who is behind that address, for what purpose the transaction is made, where the transaction comes from, it is very difficult to find out the details.
- Safe global transactions at low cost and with extremely high security.
- Bitcoin’s blockchain is extremely difficult to attack, similar to Switzerland, so users’ assets are almost safe.
- No one can interfere with the Bitcoin network, whether it is any individual, organization or country.
- With Blockchain technology, Bitcoin brings security and safety to its customers.
- You are almost the only holder of your assets and no one can take away your assets if you do not share your Private Key.
The relationship between Switzerland & Bitcoin in practice
January 29, 2020: The Swiss city of Zermatt accepts tax payments in Bitcoin.
September 1, 2020: Major Swiss health insurance company accepts payments in Bitcoin and Ethereum.
March 4, 2022: The Swiss city of Lugano recognizes Bitcoin and Tether as legal currencies.
It can be said that at present, Switzerland is the paradise of Blockchain, Crypto & Bitcoin. A neutral country accepts more neutral products that they think will be very strong in the future and it is certainly not natural for a neutral country to accept a neutral asset.
The truth to accept about Switzerland and Bitcoin
If you have neutral blood, you will not be able to distinguish between right and wrong, black and white or left and right. Switzerland is one of the places where money laundering activities are strongest in the world, dirty money is circulated to this country by famous politicians, funds are provided for war activities. and many, many other downsides.
Similar to Switzerland, Bitcoin will not be able to avoid accusations related to money laundering, fraud, politics, etc. This is something we have to accept when it is neutral.
Summary
It took Switzerland hundreds of years to get to its current position, so Bitcoin may need more time to prove itself to the world. However, with the popularity of the Internet, I firmly believe that Bitcoin’s journey to mass adoption will be faster than what Switzerland has ever done.
Hopefully through this article Weakhand can provide you with some new perspectives on Bitcoin.
