Brett Scott - Cloudmoney

A Book with Legs

Smead Capital Management

Investing, Business, Management

4.2 • 1.1K Ratings

🗓️ 24 July 2023

⏱️ 89 minutes

🔗️ Recording | iTunes | RSS

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Summary

“Does it matter if you pay with cash, card, iPhone, or Bitcoin?”

Cole and author Brett Scott delve into that question when discussing Scott’s book, Cloudmoney: Cash, Cards, Crypto, and the War for Our Wallets. Scott’s work explores the idea of how a digital monetary system has resulted in anti-cash messaging. The conversation covers the players in the current financial system and how cash is no longer king.

Transcript

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0:00.0	You're listening to A Book with Legs, a podcast presented by Smead Capital Management.
0:08.0	At Smead Capital Management, we advise investors who fear stock market failure.
0:12.9	You can learn more at Smeadcap.com or by calling your financial advisor.
0:25.7	Welcome to a book with legs podcast. I'm Cole Smead. I'm the CEO and a portfolio manager here at Smead Capital Management. At our firm, we are readers and book junkies. It can be said
0:31.0	that leaders are readers, and we believe books provide us a great source of information for filtering
0:35.6	what is and isn't important for us as investors.
0:38.7	Investing is the last great liberal art and the best way to spend a lifetime of learning.
0:42.9	This podcast is for readers, thinkers, business-minded people, and investors who want to grow their
0:48.0	knowledge from great authors and their writing. Charlie Munger often talks about using
0:52.0	multiple mental models and analysis.
0:58.1	Our aim for this podcast is to help listeners test monger's theory in business,
0:59.9	markets, and people.
1:06.6	Does it matter when you pay with cash, card, iPhone, or Bitcoin?
1:13.2	We will delve into this with Brett Scott to talk about his book, Cloud Money, Cash, Cards,
1:15.4	Crypto, and the War for Our Wallets.
1:17.4	A little background on Brett.
1:21.5	Brett is an economic anthropologist, financial activist, and former broker.
1:26.5	In 2013, he published The Heretics Guide to Global Finance, Hacking the Future of Money,
1:31.5	since it has spoken to hundreds of events around the globe and has appeared across international media,
1:33.3	including BBC and Sky News.
1:37.2	He has written extensively on financial reform, digital finance, alternative currency,
1:41.0	blockchain technology, and the Cash of Society for various publications.
	...

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