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11.12.2020 - Comments

Renewed interest in cryptocurrencies

by Norbert F. Tofall

It is questionable whether bitcoin will break the dominance of the U.S. dollar, as the Financial Times provocatively asked this week.

This comment is available in German only.

Related Articles

17.11.2020 - Economics, Politics & Philosophy

The digital renminbi as a geoeconomic tool

by Norbert F. Tofall

The renminbi cannot compete with the dollar and the euro in international payment transactions. The introduction of a digital renminbi should change this.

14.02.2020 - Economics, Politics & Philosophy

Central Bank Digital Currency

Is the ECB wasting an opportunity?

by Norbert F. Tofall

The model of digital central bank money proposed by ECB Director Ulrich Bindseil is not intended to use digitisation for monetary system reform. The ECB is thereby missing an opportunity.