What are the obstacles to pegging the value of bitcoin to an established stable currency? Many people will not touch bitcoin due to it's historically extreme volatility. Many new currencies have pegged their value against an established currency until such time as it is sufficiently established to be decoupled. 

For example the Irish punt was linked to the Sterling pound until they joined the European Monetary Union in 1979.

Would it be possible perhaps by way of a financial service organisation that guarantees a value against a stable currency such as the swiss franc for example, this using bitcoin as a form of promisory note? 

Is the agreement of a fixed rate against an established currency like type of future or option in the stock market?

I think this could help speed adoption.
The only way to fix an exchange rate is to constantly trade at this rate. This requires unlimited funds.

So assume you want to peg BTC against CHF as in your example. For simplicity, we aim at 1 BTC == 1 CHF. Here's a simple recipe.


Have unlimited Bitcoin and unlimited CHF.
Find a Bitcoin exchange. 
Offer to buy an unlimited amount of Bitcoin for 1 CHF/BTC.
Offer to sell an unlimited amount of Bitcoin for 1 CHF/BTC.
Observe how everyone will accept 1 BTC/CHF as the official rate.
If you run out of Bitcoin or CHFs, give up.