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Cloudmoney: Cash, Cards, Crypto, and the War for Our Wallets

Cloudmoney: Cash, Cards, Crypto, and the War for Our Wallets

By Brett Scott

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

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Book Information

Publisher: Harper Business
Publish Date: 07/05/2022
Pages: 304
ISBN-13: 9780062936318
ISBN-10: 006293631X
Language: English

What We're Saying

July 05, 2022

A monetary anthropologist shows how physical cash stands in the way of a dangerous “cashless” digital money empire, one that will allow Big Tech and Big Finance to merge into one, with dire consequences for our civil liberties, psyches, and planet. READ FULL DESCRIPTION

Full Description

Axiom Award Gold Medalist for Business Commentary

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

In Cloudmoney, Brett Scott tells an urgent and revelatory story about how the fusion of Big Finance and Big Tech requires "cloudmoney"--digital money underpinned by the banking sector--to replace physical cash. He dives beneath the surface of the global financial system to uncover a long-established lobbying infrastructure: an alliance of partners waging a covert war on cash. He explains the technical, political, and cultural differences between our various forms of money and shows how the cash system has been under attack for decades, as banking and tech companies promote a cashless society under the banner of progress.

Cloudmoney takes us to the front lines of a war for our wallets that is also about our freedom, from marketing strategies against cash to the weaponization of COVID-19 to push fintech platforms, and from there to the rise of the cryptocurrency rebels and fringe groups pushing back. It asks the most pressing questions:

Who benefits from a cashless society and who gets left behind?

Is the end of cash the end of true privacy?

And is our cloudmoney future closer than we think it is?

About the Author

Brett Scott is an economic anthropologist, financial activist, and former broker. In 2013 he published The Heretic's Guide to Global Finance: Hacking the Future of Money , and since then has spoken at hundreds of events across the globe and has appeared across international media, including BBC World News and Sky News.

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