Cloudmoney: Why the War on Cash Endangers Our Freedom

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Cloudmoney take us to the frontlines of a war for our wallets that is also about our freedom Who really benefits from a cashless society 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 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. 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 under the banner of progress but at the cost of our privacy, politics and individual freedom. 'A wonderfully revolutionary text' - YANIS VAROUFAKIS 'Brilliant, fascinating and utterly accessible... 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 'Scott has struck an important vein, that is vital in a digital age' FINANCIAL TIMES

Reviews

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
Cloudmoney is a brilliant, fascinating and utterly accessible book - a pioneering and political guide to the fast-evolving web of global finance... 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
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
The rush to a cashless society isn't about convenience. It is about power. Brett Scott cuts through the hype with this brilliant critique of digital money and the rise of fintech empires, while offering a compelling alternative vision. Don't miss this book -- Jason Hickel, author of Less Is More
Your head has been deliberately filled with falsehoods and confusion about money. This brilliant book helps you understand how that happened, who profits from our collective financial ignorance, and how we might best fight back. Filled with dazzling insight and admirable clarity, this is a book you'll soon be recommending far and wide -- Raj Patel, author of Stuffed and Starved

Author Bio

Brett Scott is a campaigner, monetary anthropologist and former broker. He is the author of The Heretic's Guide to Global Finance- Hacking the Future of Money, and has appeared in a wide range of TV shows, radio broadcasts and documentaries, 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 Magazine and CNN.com, and also publishes the Altered States of Monetary Consciousness newsletter. His Twitter is @suitpossum