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This episode dissects the profound shift of money from tangible to abstract digital forms. We explore the unseen implications for individual privacy, economic freedom, and societal power structures, questioning what is gained and lost as our most basic medium of exchange becomes entirely virtual.
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“This episode dissects the profound shift of money from tangible to abstract digital forms. We explore the unseen implications for individual privacy, economic freedom, and societal power structures, questioning what is gained and lost as our most basic medium of exchange becomes entirely virtual.”
— Eswar Prasad, The Abstracted Wallet: Privacy, Power, and the Digital Future of Money
money, digital currency, crypto
This book is for anyone seeking to understand the profound, often invisible, trade-offs between convenience and control in our increasingly digital financial world, offering a critical lens to assess the true cost of abstract money and its impact on individual liberty and societal power structures.
Eswar Prasad, a former IMF division chief and Cornell University professor, brings a rare blend of economic expertise and global policy insight to illuminate the complex forces reshaping money, privacy, and power in the digital age.