Cloudmoney
Cash, Cards, Crypto and the War for our WalletsSelect a format:
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Summary
Who really benefits from a cashless society?
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 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.
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 under the banner of progress but at the cost of our privacy, politics and individual freedom.
'A wonderfully revolutionary text' YANIS VAROUFAKIS
'Scott has struck an important vein that is vital in a digital age' FINANCIAL TIMES
'Brilliant, fascinating and utterly accessible' 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 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.
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 under the banner of progress but at the cost of our privacy, politics and individual freedom.
'A wonderfully revolutionary text' YANIS VAROUFAKIS
'Scott has struck an important vein that is vital in a digital age' FINANCIAL TIMES
'Brilliant, fascinating and utterly accessible' KATE RAWORTH, author of Doughnut Economics
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