
Brett Scott: Beware a cashless society
UnHerd with Freddie Sayers
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Is There a Conspiracies Around Digital Currency?
There was a bit of a confirmation bias there as well, isn't there? If you feel a conspiratorial around something like digital currency or central banking, you might look at something like PayPal decided to close down people's accounts for misinformation and think, well, that's all part of a grand plan. And I can see where those people are coming from. Even the reality is we're dealing with often a lack of coordination that causes this. All these players who are fighting each other who will basically in the process of competing will often end up doing this, right? They're not taking directions from some government official. They're like taking the directions from their shareholders.
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