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Cloudmoney - Cash, Cards, Crypto and the War for our Wallets

Brett Scott | Paperback | 304 pages
MRP : 799/-
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Release On : 26-May-2022

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Description : 'A wonderfully revolutionary text' - Yanis Varoufakis 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 natural and inevitable is the work of powerful interests. And the great battle of our time is for ownership of the digital footprints that make up our lives. Cloudmoney tells a revelatory story about how the fusion of big finance and tech requires physical cash to be replaced by digital money underpinned by the banking sector, or 'cloud money'. Diving beneath the surface of the global financial system, Brett Scott uncovers a long-established lobbying infrastructure waging a covert war on cash. He reveals the technical, political, and cultural differences between our different 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. Cloud money takes us to the frontlines of a war for our wallets that is also about our freedom. From marketing strategies against cash to the weaponization of Covid-19 to advance fintech platforms, and 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 cloud money future closer than we think?

Product Details

Publisher : Bodley Head
Publication Year : 2022
Language : English
ISBN : 9781847925879
Categories : NON-FICTION , REFERENCE BOOKS
Product Dimension : 2 X 15.3 X 23.4 cm
Weight : 0.4 kgs

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