12/13/2023 0 Comments Cloud money by brett scott![]() ![]() ![]() Please consider chipping in a one-time or recurring donation at Also, if your organization wants to sponsor one of our upcoming episodes, we have a number of sponsorship packages available. Upstream is a labor of love - we couldn't keep this project going without the generosity of our listeners and fans. Support for this episode was provided by the Guerrilla Foundation and by listeners like you. ![]() Upstream theme music was composed by Robert Raymond. Thank you to The Pixies for the intermission music. But what we’re told is a natural and inevitable move is actually the work of powerful. In this Conversation, we take a deep dive beneath the surface of the global financial system to explore the technical and political differences between various forms of money, why corporations are attacking physical cash and plotting to completely replace it with digital money, who will really benefit from a cashless society, and why the fight for ownership of our digital footprints is one of the most pressing battles of our time. Axiom Award Gold Medalist for Business CommentaryThe reach of Corporations into our lives via cards and apps has never been greater many of us rarely use cash these days. In his latest book, Cloudmoney: Cash, Cards, Crypto, and the War for Our Wallets, author, journalist, and financial hacker Brett Scott lays out an extremely compelling case arguing that corporations are engineering an enclosure of money - transforming it into a completely digital form which they alone will control. Under the hood (of digital money) we find a convoluted transnational payments circuitry, tied together by institutions you cannot see, but who can see you. PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.Is the growing ascendance of digital money simply an organic evolution away from the purported inconveniences of physical cash? Or is this transition actually a nefarious, corporate-engineered, neo-enclosure of money by Big Finance and Big Tech? In 2013 he published The Heretics Guide to Global Finance: Hacking the Future. 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? Brett Scott is an economic anthropologist, financial activist, and former broker. From marketing strategies against cash, to the weaponization of COVID-19 to push fintech platforms, and the rise of the cryptocurrency rebels and fringe groups pushing back. He explains 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.Ĭloudmoney takes us to the frontlines of a war for our wallets that is also about our freedom. 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. ![]() In Cloudmoney, Brett Scott tells an urgent and revelatory story about how the fusion of big finance and tech requires 'cloudmoney'-digital money underpinned by the banking sector-to replace physical cash. And the great battle of our time is the battle for ownership of the digital footprints that make up our lives. But what we're told is a natural and inevitable move is the work of powerful interests. The reach of corporations into our lives via cards and apps has never been greater many of us rarely use cash these days. ![]()
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