Cloudmoney

Cloudmoney

Cash, Cards, Crypto and the War for our Wallets

Summary

'A brilliant, fascinating and utterly accessible book... If you want to understand what money is - and what it is in danger of becoming - start right here' KATE RAWORTH, author of Doughnut Economics

Many of us rarely use cash these days. And the reach of corporations into our lives via cards and apps has never been greater. But what we're told is natural and inevitable is actually the work of powerful interests: the great battle of our time is for ownership of the digital footprints that make up our lives.

Who benefits from a cashless society and who gets left behind? Is the end of cash the end of true privacy? And is a cashless future closer than we think?

Cloudmoney tells a revelatory story about the fusion of big finance and tech, which requires physical cash to be replaced by digital money or 'cloudmoney'. Diving beneath the surface of the global financial system, Brett Scott uncovers a long-established lobbying infrastructure waging a covert war on cash, as banking and tech companies promote a cashless society under the banner of progress.

From marketing strategies against cash, to the weaponization of Covid-19 to advance fintech platforms, and the cryptocurrency rebels and fringe groups pushing back, Cloudmoney takes us to the frontlines of a war for our wallets that is also about our freedom.


'A wonderfully revolutionary text' - YANIS VAROUFAKIS

Reviews

  • If people could see clearly how their money is created, they would rebel - especially now that it is digitised. Brett Scott's highly readable and topical Cloudmoney is, in this sense, a wonderfully revolutionary text
    Yanis Varoufakis

About the author

Brett Scott

Brett Scott is a campaigner, monetary anthropologist and former broker. He is the author of The Heretic's Guide to Global Finance: Hacking the Future of Money, and has appeared in a wide range of TV shows, radio broadcasts and documentaries, including BBC World News and Sky News.

He has written extensively on financial reform, digital finance, alternative currency, blockchain technology and the cashless society for publications like the Guardian, New Scientist, Huffington Post, Wired Magazine and CNN.com, and also publishes the Altered States of Monetary Consciousness newsletter.


His Twitter is @suitpossum
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