Uploaded February 2021 | Updated September 2026, 1 week ago
This is part of a series of interviews that will accompany a book I'm writing, that will be published by Chelsea Green - an employee-owned company, and part of the new economy that book is describing, built around a mutual credit core.
Today I’m talking with Brett Scott, author of ‘A Heretic’s Guide to Global Finance’ and specialist in the money system.
Introduction to mutual credit: lowimpact.org/lowimpact-topic/mutual-credit
More on the book: lowimpact.org/book-deal-new-decentralised-economy-mutual-credit-core
Mutual Credit Services: https://mutualcredit.services/ Credit Commons: creditcommons.net
Chelsea Green: chelseagreen.com
Brett’s website, Altered States of Monetary Consciousness: https://alteredstatesof.money/
Brett’s YouTube channel: youtube.com/channel/UCi3uKtaOfW8MV7mIz6gFXUw
Transcript of this interview, with more links: lowimpact.org/the-future-of-money-part-1-with-brett-scott
Highlights
1. Bitcoin has this rhetoric around democratising money and yet the early adopters are concentrated in areas of the world that already have high levels of wealth. The subsequent fragmentation of the tokens, which trickle to more peripheral areas of the globe, means that people in the peripheries are being pulled in to push up the price for the early adopters.
2. People can’t really see what’s happening because they’re stuck in these huge networks. They can’t see who has the power, and don’t understand how the systems really work. They don’t feel connected. They just see this world of free-floating objects, and they have to find a job, feeling scared and confused.
3. But actually, for most people, the lack of understanding masks exploitation, and accumulation of wealth in very specific parts of the economy.
This is part of a series of interviews that will accompany a book I'm writing, that will be published by Chelsea Green - an employee-owned company, and part of the new economy that book is describing, built around a mutual credit core.
Today I’m talking with Brett Scott, author of ‘A Heretic’s Guide to Global Finance’ and specialist in the money system.
Introduction to mutual credit: lowimpact.org/lowimpact-topic/mutual-credit
More on the book: lowimpact.org/book-deal-new-decentralised-economy-mutual-credit-core
Mutual Credit Services: https://mutualcredit.services/ Credit Commons: creditcommons.net
Chelsea Green: chelseagreen.com
Brett’s website, Altered States of Monetary Consciousness: https://alteredstatesof.money/
Brett’s YouTube channel: youtube.com/channel/UCi3uKtaOfW8MV7mIz6gFXUw
Transcript of this interview, with more links: lowimpact.org/the-future-of-money-part-1-with-brett-scott
Highlights
1. Bitcoin has this rhetoric around democratising money and yet the early adopters are concentrated in areas of the world that already have high levels of wealth. The subsequent fragmentation of the tokens, which trickle to more peripheral areas of the globe, means that people in the peripheries are being pulled in to push up the price for the early adopters.
2. People can’t really see what’s happening because they’re stuck in these huge networks. They can’t see who has the power, and don’t understand how the systems really work. They don’t feel connected. They just see this world of free-floating objects, and they have to find a job, feeling scared and confused.
3. But actually, for most people, the lack of understanding masks exploitation, and accumulation of wealth in very specific parts of the economy.
