#23 - Conversation with Brett Scott (Part 1)

In this episode, Brett Scott joins Adam, Doug, and Ryan to discuss: 

• Brett's intellectual journey with MMT and how he was exposed to the ideas through different communities and events
• Challenges of separating fact from conspiracy theories 
• Brett's perspective on tensions between using existing monetary systems and building alternative currencies
• Discussion of libertarian and anarcho-capitalist views in early crypto and the concept of "vulgar libertarianism"
• Evolution of understanding of limitations of blockchain and smart contract technology
• Skepticism towards claims of decentralization and feasibility of decentralized systems
• Brett's arguments for maintaining balances of power in the monetary system through preserving cash
• Implications of moving to a cashless society in terms of power, data control, and corporate manipulation
• Potential for central bank digital currencies to expand access to reserves or bypass banking sector
• Debate around proposals to issue CBDCs and commercial bank lobbying efforts
• Rohan Gray's E-Cash proposal as a progressive vision for digital cash with privacy protections

For more from Brett, visit his Substack: Altered States of Monetary Consciousness

AppliedMMT.com
AppliedMMT on Twitter
Douglas (@MMTmacrotrader) on Twitter

Disclaimer: The content of this podcast is for informational purposes only and should not be construed as financial or investment advice. The views and opinions expressed in this podcast are those of the hosts and guests and do not necessarily reflect the official policy or position of any associated employers or organizations. Listeners should consider their financial circumstances and consult with a professional advisor before making any investment decisions