19 min
Why Does Money Lose Its Value Over Time? with Sam Kazemian, Frax Finance (S1E5) The Story of Money
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- Education
One of the most concerning issues with the stability of money is inflation.
In this episode, Samantha and Sam Kazemian, Founder of Frax Finance talk about the mechanics of inflation and its real-world impact on price stability. Sam delves deep into stablecoins and touches on why the term ‘cryptocurrency’ might be a misnomer, and how that has shaped some of the misconceptions that have arisen around digital currencies.
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 returning guest, 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.
One of the most concerning issues with the stability of money is inflation.
In this episode, Samantha and Sam Kazemian, Founder of Frax Finance talk about the mechanics of inflation and its real-world impact on price stability. Sam delves deep into stablecoins and touches on why the term ‘cryptocurrency’ might be a misnomer, and how that has shaped some of the misconceptions that have arisen around digital currencies.
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 returning guest, 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.
19 min