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Beware Bitcoin Guest contribution in the Frankfurter Allgemeine Sonntagszeitung newspaper
Bundesbank Executive Board member Carl-Ludwig Thiele considers Bitcoin a risky and highly speculative form of investment. "
It’s also possible for Bitcoin holdings to be completely wiped out
," he writes in an op-ed for the Frankfurter Allgemeine Sonntagszeitung. In addition, he draws attention to Bitcoin’s high level of energy consumption, citing Bundesbank estimates that settling a Bitcoin transaction uses roughly 460,000 times as much electricity as a normal transfer. -
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Statistics on international financial and capital transactions (SIFCT) – Data Report 2021-15 – Metadata Version 3 Elena Biewen, Harald Stahl
523 KB, PDF
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New Bundesbank projection: Sharp recession in 2009, slight recovery in 2010
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Der Renminbi im internationalen Zahlungsverkehr 4th European-Chinese Banking Day im Rahmen der Euro Finance Week
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The role of interest rates in theory and practice - How useful is the concept of the natural real rate of interest for monetary policy?
131 KB, PDF