Book notes: Smart money: how digital currencies will win the new Cold War, by Brunello Rosa with Casey Larsen
This alarmist book, although lacking nuance, provides a lucid account of how CBDCs could play a decisive role in geopolitical dominance
Brunello Rosa with Casey Larsen, Smart money: how digital currencies will win the new Cold War – and why the West needs to act now, Bloomsbury Publishing, 2024, 342 pages
This book is about central bank digital currency (CBDC) being the latest battleground in the new ‘Cold War’ between two groups led by the US and China. “Much of this book has been dedicated to suggesting that CBDC networks being developed by China and its allies could pose a grave danger to the West,” the authors state.
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