In this week’s episode, Jahed and Martin sit down with Brett Scott, author of https://www.harpercollins.com/products/cloudmoney-brett-scott?variant=39727615180834https://www.harpercollins.com/products/cloudmoney-brett-scott?variant=39727615180834 In the book, Scott guides the reader through the undercurrents of the banking and technology industries to create a compelling argument on how the two are mutually reinforcing market efficiencies that threaten the existence of cash. Risks of the decline of cash go beyond concerns of surveillance, loss of privacy, and declining market competition to a world where “hyperconnected markets burrow into the deepest parts of being”.

Shownotes:

• Cloudmoney: Cash, Cards, Crypto, and the War for Our Wallets.
• Brett’s Newsletter - Altered States of Monetary Consciousness
• Brett’s Twitter - https://twitter.com/Suitpossum
• Donut Economics by Kate Raworth
• The Curse of Cash by Kenneth Rogoff
• The Deficit Myth by Stephanie Kelton