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Cloudmoney

Why the War on Cash Endangers Our Freedom
Book Hero Magic crafted this summary to help describe this book. While it's new and still learning, it may not be perfect - your feedback is welcome! Summary
Cloudmoney by Brett Scott explores the transformation of money in the digital age, examining the tension between digital currencies and traditional cash. It delves into the power dynamics and societal implications of this shift, highlighting how financial technology companies and governments are shaping the future of money. The book provides insights into the complexities of the modern financial system and questions what it means for privacy and freedom in an increasingly cashless society.
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Format: Paperback / softback
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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?

You might enjoy this book if you're intrigued by the intersection of finance and modern technology, particularly how digital payment systems are transforming and often challenging traditional concepts of money. It offers a critical analysis and unruly explorations of the power dynamics between digital currencies, banking, and corporate entities, making it a fascinating read for those interested in the impact of cashless economies on society.

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Cloudmoney

Book Hero Magic formatted this description to make it easier to read. While it's new and still learning, it may not be perfect - your feedback is welcome! Description

Cloudmoney takes us to the frontlines of a war for our wallets that is also about our freedom.

Who really benefits from a cashless society?

Many of us rarely use cash these days. 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 β€” 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' β€” Yanis Varoufakis

'Scott has struck an important vein that is vital in a digital age' β€” Financial Times

'Brilliant, fascinating and utterly accessible' β€” Kate Raworth, author of Doughnut Economics

Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?

Cloudmoney by Brett Scott has received praise for being an engaging and revolutionary exploration of the digital finance landscape. Critics highlight its ability to demystify the complex world of digital currency while critiquing the power dynamics between Big Tech and financial institutions. The book is commended for its accessible, insightful, and often radical perspective, challenging readers to rethink the future of money.

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Book Details

INFORMATION

ISBN: 9781529111484

Publisher: Vintage Publishing

Format: Paperback / softback

Date Published: 06 July 2023

Country: United Kingdom

Imprint: Vintage

Audience: General / adult, Tertiary education, Professional and scholarly

DIMENSIONS

Spine width: 18.0mm

Width: 129.0mm

Height: 198.0mm

Weight: 213g

Pages: 304

About the Author

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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