It's a good decision for Swiss maybe, but awful for people. In my country who took loans in swiss franc used to pay $400 monthly (installment was $400 per month), now it's 800$ per month
WTF!!!
WTF!!!
That is your own problem. Why do you take a loan in swiss franc, when you live in a country with a high inflation.
And I highly doubt, that 15% Price increase result in 100% increase of your monthly payment.
It is always about risk, and a lot of people have no clue. Taking loans is ok, but you should be able to pay the loan , even if the interest rates rises from 1% to 5%! Otherwise you just live on a razors edge.
Swiss franc for years was considered the most value stable currency. Since couple years ago things changed. Now everyone who have credits in swiss francs are literally doomed to pay a lot more. But swiss franc is still more stabler than bitcoin's and its fluctuation... which is like... non existent.
Bitcoin is not valued less. You just should have transfered your fiat to switzerland and in CHF. The $/CHF ratio was 4:1 30 years ago! You could have quadruppled your USD savings just by buying CHF and let it sit in a bank account.