The gentrification of payments (E1354)
Max and Stacy discuss the alleged case of the £70,000 up in flames in Wales where a businessman claims to have burned up the cash he owed an insolvency company. Max and Stacy note the global monetary system was similarly set alight back in 2008 and it continues to burn. Max interviews Brett Scott, the author of The Heretic’s Guide to Global Finance: Hacking the Future of Money, about the ‘gentrification of payments’ and being herded into the digital net set up by multinational payments processors.
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