Cloudmoney, Brett Scott
Cloudmoney, Brett Scott
List: $28.99 | Sale: $20.29
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Cloudmoney
Cash, Cards, Crypto, and the War for Our Wallets

Author: Brett Scott

Narrator: Coleman Pedigo

Unabridged: 8 hr 51 min

Format: Digital Audiobook Download

Published: 07/05/2022

Includes: Bonus Material Bonus Material Included


Synopsis

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?
Supplemental enhancement PDF accompanies the audiobook.

About Brett Scott

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. 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, and CNN.com, and also publishes the Altered States of Monetary Consciousness newsletter. He has worked on financial reform campaigns and alternative currency systems with a wide range of groups and is a Senior Fellow of the Finance Innovation Lab (UK). He lives in Berlin.


Reviews

Goodreads review by Irene on July 12, 2022

I’m going to give you one guess why Germans are so fond of cash and distrustful of digital money that can be easily taken away if something goes wrong with the system. I’ve been reading books on this topic recently and they paint a bleak picture, but this one is at least not an entirely hopeless one.......more

Goodreads review by Oskar on August 10, 2022

Som beskrevet av Shoshana Zuboff i 'The Age of Surveillance Capitalism' er teknologigigantene i ferd med å bygge AI systemer som i kraft av sin tilgang til stadig mer overvåkningsdata spår vår adferd og våre ønsker for slik å tilby oss det ‘perfekte’ produktet eller opplevelsen før vi selv er klar o......more

Goodreads review by Sachin on December 07, 2022

i know next to nothing about fintech or macroeconomics on a global scale, so this book was perfect for someone like me. the author has a definite liberal slant - which i’m personally aligned with, but i genuinely love his acknowledgement of that bias and ability to write in, around, and with that un......more

Goodreads review by Steph on September 08, 2022

I found it interesting to learn about money and digital banking etc. But I found the author to really gloss over key facts that would counter some of his arguments. Like how he says cash is tactile and phones are not?! Okay, but there are screen readers that empower blind people to use technology, t......more

Goodreads review by Jung on January 03, 2023

Cloudmoney (2022) provides an overview of our present payment landscape. As it turns out, the age-old question of “cash or card” is not as simple as it seems. Underneath the push toward cashless is a murky world of powerful interests trying to extract profit and data from people’s purchases. And the......more