How do we assign value to something that is mutually accessible, and in an understandable format?
In this episode, Samantha discusses the denomination of money with Sam Kazemian, the Founder of Frax Finance. They touch on why we need a standard unit of measurement to coherently communicate value to each other and why stablecoins may present a more viable alternative to Bitcoin in being the currency of the future.
Join Samantha Yap on a quest to discover the history of money, to better understand why Bitcoin, cryptocurrencies and decentralised finance may play an important role in our future. She’ll take you on a 5-minute audio journey that touches on the history behind today’s topic, followed by the best parts of her conversation with our guest of the week, Sam Kazemian.
Sam is a software engineer, entrepreneur, and cryptocurrency enthusiast. He is the Founder of Frax Finance, a decentralised stablecoin protocol. Frax is the world’s first hybrid, fractional algorithmic stablecoin protocol that is partially backed by collateral and stabilized algorithmically. Frax is open-source and permissionless, bringing a truly trustless, scalable and stable asset to the future of decentralized finance. Sam is also the co-founder of the blockchain based knowledge base, Everipedia.