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Cloudmoney

Scott, Brett

Cloudmoney

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 a natural and inevitable move is the work of powerful interests. And the great battle of our time is the battle for ownership of the digital footprints that make up our lives.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. 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. 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.Cloudmoney 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 push fintech platforms, and the rise of 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 cloudmoney future closer than we think it is?

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ISBN 9781847926654
Sprache eng
Cover BUSINESS & ECONOMICS / Money & Monetary Policy, POLITICAL SCIENCE / Political Economy, BUSINESS & ECONOMICS / Consumer Behavior, BUSINESS & ECONOMICS / Finance / Financial Engineering, BUSINESS & ECONOMICS / Free Enterprise & Capitalism, BUSINESS & ECONOMICS / International / Economics & Trade, SOCIAL SCIENCE / Sociology / General, Monetary Economics, Finance, Politics & government, Political Economy, Monopolies, Economic theory & philosophy, Algorithms & data structures, Data Mining, Economic Geography, Society & culture: general, Currency / Foreign exchange, Politics and government, Economic theory and philosophy, algorithms and data structures, algorithms and data structures, Kartonierter Einband (Kt)
Verlag Random House UK
Jahr 20220519

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