Shownotes
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This week’s episode is the recording of a recent RP Live webinar with Brett Scott, author of Cloudmoney: Cash, Cards, Crypto, and the War for Our Wallets.
In terms of its politics, the digital money movement is largely only discussed by the mainstream media, ever ready to promote the interests of big finance and big tech. Brett makes the case that leftists and MMTers need to get involved. Those of us with knowledge of the monetary system are particularly well-situated to recognize potential minefields and see through lies that are being passed off as fact. For example, there is the notion of inevitability. Once the automobile was invented, it was only a matter of time before the horse cart would disappear. We’re also led to believe that the move to replace cash with digital comes from the bottom up—from ordinary people. We need only consider who is pushing this so-called cashless society. And who profits from it. Crypto itself is simply another commodity to be bought and sold with... money.
Brett presents interesting ways of considering the war against cash and the future of money. In the second half of the episode, he takes questions from attendees. If you haven’t heard his interviews on Macro N Cheese, now would be a good time to do so.
Brett Scott is an author, journalist, and activist, who explores the intersections between money systems, finance, and digital technology. He’s the author of The Heretics Guide to Global Finance: Hacking the Future of Money. His latest book is Cloudmoney: Cash, Cards, Crypto, and the War for Our Wallets. Find more of his work on brettscott.substack.com
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