Episodes about:

Money

Brett Scott
Brett Scott
Brett Scott
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67
99
Minutes
March 19, 2024

Credit Theory of Money, Protecting Cash, and Bitcoin Critiques with Brett Scott

I talk with Brett Scott, author of The Heretic’s Guide to Global Finance and Cloudmoney: Cash, Cards, Crypto and the War for our Wallets. Brett does a lot of work supporting the protection of physical cash, and I reached out to him about an article he wrote “The War On Informality” which explores the implication of financial surveillance by credit cards and private banks.This is a thought-provoking episode. We explore the Commodity Theory of Money vs Credit Theory of Money, power dynamics, the importance of cash, and more. Brett offers some interesting critiques of certain Bitcoin narratives and provides some alternative frameworks for looking at how money works.