Episode 397 • • 2:42:38 - 2:50:50
397: Wiggin' Out
David Wolman The End of Cash, Gates Foundation Digital Currency
Author David Wolman discusses his book "The End of Cash," arguing that physical currency is the "enemy of the poor" and facilitates crime. Backed by Gates Foundation research, Wolman promotes mobile phone banking in developing nations like India as a superior alternative to cash. The hosts reject the thesis as elitist and a step toward total government control of transactions.