One of our guests argues that, “cash has historically been seen as a friend of the poor, [because] banks have never been seen as friends of the poor. Banks historically have been seen as institutions of elite control. They’ve been seen as run by social elites in the interests of social elites.” But much is changing.
This is the second part of our two-episode conversation about the future of money. In this episode, Paul Avery, Dave Birch, and Brett Scott join us to discuss:
- Cryptocurrency as a commodity
- The inevitability of digital money
- Why the US is slow to abandon cash
- Innovation to reduce the power of the banking sector
- Digital currency as a geopolitical issue
Dave Birch is an author, advisor and commentator on digital financial services. The author of many books, newest is The Currency Cold War: Cash and Cryptography, Hash Rates and Hegemony.
Brett Scott is a journalist, campaigner, former broker, and the author of The Heretic’s Guide to Global Finance: Hacking the Future of Money.