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'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
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
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
"An important reflection on the new world of finance. Brett Scott writes with gusto about blockchain, crypto, and the power nexus between Big Tech and the banks in a cashless society." - Lionel Barber, journalist and former editor of the Financial Times
"A fascinating and readable guide to the future, and how we can reclaim that future from the clutches of Big Finance and Big Tech." - Grace Blakeley, author of The Corona Crash and Stolen
"A brilliant, fascinating, and utterly accessible book-a pioneering and political guide to the fast-evolving web of global finance. Combining anthropological insight with the financial acumen of an industry insider, Scott lays out the long view on how tech and finance are rapidly merging to supercharge corporate capitalism. If you want to understand what money is-and what it is in danger of becoming-start right here." - Kate Raworth, cofounder of Doughnut Economics Action Lab and author of Doughnut Economics
"In a book that is simultaneously irreverent, hard-hitting, and entertaining, Brett Scott blows apart conventional myths about cash, digital money, and crypto, and brilliantly shows us what's at stake in the coming battles for the soul of money." - Stephanie Kelton, author of the New York Times bestseller The Deficit Myth
"Told with authority and clarity." - Kirkus Reviews
"A fascinating and readable guide to the future, and how we can reclaim that future from the clutches of Big Finance and Big Tech." - Grace Blakeley, author of The Corona Crash and Stolen
"A brilliant, fascinating, and utterly accessible book-a pioneering and political guide to the fast-evolving web of global finance. Combining anthropological insight with the financial acumen of an industry insider, Scott lays out the long view on how tech and finance are rapidly merging to supercharge corporate capitalism. If you want to understand what money is-and what it is in danger of becoming-start right here." - Kate Raworth, cofounder of Doughnut Economics Action Lab and author of Doughnut Economics
"In a book that is simultaneously irreverent, hard-hitting, and entertaining, Brett Scott blows apart conventional myths about cash, digital money, and crypto, and brilliantly shows us what's at stake in the coming battles for the soul of money." - Stephanie Kelton, author of the New York Times bestseller The Deficit Myth
"Told with authority and clarity." - Kirkus Reviews