As I note in the book’s introduction, think of this book as a darker yin to contrast with a brighter yang. The book fills in the shadow side of their narratives, serving as a contrast to rebalance them. I appreciate the enthusiasm of many people who work within those industries, but all too often their takes are given far too much airtime. It provides contrast, and accepts contradiction: the book might be critical, but the point isn’t to slam-dunk digital money enthusiasts, fintech startups or crypto hopefuls, or to reject their innovations.Finally, it sets all of this within an ecological, social and – dare I say – spiritual context. It doesn’t only show how major monetary innovations and movements relate to each other, but also sets that in the context of the vortex of global corporate capitalism and geopolitics. It contextualises: the book puts things in their place.It also cuts through the often pseudo-revolutionary language that surrounds the crypto world, and gives a realistic assessment of what we can and cannot expect of crypto-tokens. It’s contrarian: the book cuts through the innovation-speak that surrounds financial technology, and provides an account of why we should protect the unsexy physical cash system.I’m not anti-tech, but I’m not easily impressed by the unbalanced claims made by many technology movements. It also doesn’t hype up crypto-currency (let’s face it – there are now hundreds of books doing that).
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