The Story of Money

YAP Cast

YAP Cast, brought to you by YAP Global, presents its first series on The Story of Money with Samantha Yap. YAP Cast is on a mission to bridge the communication gap between emerging technology and the mainstream world.

We create quality edutainment by bringing together engaging storytelling with informative, thought-provoking content. YAP Global is a PR agency which specialises in helping meaningful blockchain, cryptocurrency and decentralised finance teams tell their stories.

Everywhere you can listen to us on

Episodes

  • Oct 19, 2021

    Can DeFi Be The Better Financial System? (S1E12)

    The future of money may owe more than we think to its complicated past.

    In the season finale, Samatha continues our conversation with Felix Martin. Felix draws the distinction between the underlying technologies underpinning DeFi and the monetary system itself, and makes the case that the principle behind the latter is as old as the history of money itself. This leads them to a discussion on the issues surrounding regulation versus self-regulation of the DeFi space, and how history has shown us that both sides have considerable advantages and disadvantages.

    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 returning guest, Felix Martin.

    Felix Martin is an economist, fund manager, and author. He began his career as an Economist at the World Bank in Washington DC in 1998 working mostly on sovereign lending programmes and debt restructuring in eastern Europe. He holds degrees in classics, international relations and economics including a Doctor of Philosophy in Economics from Oxford University. Since 2008, Felix has worked in the fund management industry in London, first at Thames River Capital – now part of BMO Global Asset Management; then at Liontrust Asset Management; and most recently as one of the founding partners of 1167 Capital.

    View transcript
    Listen to this episode on:

  • Oct 12, 2021

    Why Do Financial Crises Happen? (S1E11)

    Do we really understand financial crises? History seems to suggest that we don’t.

    Samantha discusses this with Felix Martin, the author of ‘Money: The Unauthorised Biography’. Felix explains the types of financial crises, and the potential reasons they occur. They talk about how the modern financial system is fundamentally built on trust - between the people and financial institutions, and between financial institutions and the government. Finally, they explore what happens when that trust breaks down, and whether cryptocurrencies and DeFi can actually solve that problem.

    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 this week’s guest, Felix Martin.

    Felix Martin is an economist, fund manager, and author. He began his career as an Economist at the World Bank in Washington DC in 1998 working mostly on sovereign lending programmes and debt restructuring in eastern Europe. He holds degrees in classics, international relations and economics including a Doctor of Philosophy in Economics from Oxford University. Since 2008, Felix has worked in the fund management industry in London, first at Thames River Capital – now part of BMO Global Asset Management; then at Liontrust Asset Management; and most recently as one of the founding partners of 1167 Capital.

    View transcript
    Listen to this episode on:

  • Oct 4, 2021

    Why Is It So Hard to Move Money? (S1E10)

    Hawala is one of the oldest, fastest and cheapest international money transfer systems. So how come you’ve never heard of it?

    In this episode on “Why Is It So Hard to Move Money?” Samantha Yap is joined by George Harrap, Co-Founder of Step Finance and Head of DeFi at YAP Global. They touch on the common challenges with attempting to send and receive money around the world. George takes us through some fascinating alternatives to bank transfers that have arisen out of necessity to fill the gaps in current financial systems, including Hawala. Finally, they explore how cryptocurrencies may prove to be the borderless money transfer solution 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 returning guest, George Harrap.

    George is a veteran crypto entrepreneur. Having started in the crypto world almost a decade ago as an early miner, George brings a wealth of experience. He has built the first crypto remittance startup in the world, built 6 cryptocurrency exchanges both centralised and decentralised, and launched 12 stablecoins. George now focuses exclusively on the DeFi space - which he believes is the next giant leap for crypto assets and blockchain technology.

    View transcript
    Listen to this episode on:

  • Sep 27, 2021

    Where is Debt Heading? (S1E9)

    Debt has the power to wreak havoc on personal lives and entire economies alike. Is it really possible to tame the beast?

    Samatha continues our conversation on debt with Sid Powell. They discuss some of the ways debt has been abused within capital markets, and the repercussions that have resulted. They contrast the key differences between the current financial system and the brave new world of decentralised finance, with Sid making a compelling case for why he believes DeFi represents the solution to the problems that have plagued debt in existing financial systems.

    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 this week’s guest, Sid Powell.

    Sid Powell is the CEO & Co-Founder of Maple Finance. Sid comes from a background in debt capital markets and institutional banking. During his career in traditional finance, he participated in $3b+ of corporate bond issuance, established and ran a $200m+ bond funding program, and managed Treasury at a commercial lending fintech company.

    View transcript
    Listen to this episode on:

  • Sep 21, 2021

    The Need For Debt (S1E8)

    Does debt really deserve the negative connotations often associated with it?

    To answer this question, Samantha talks to Sidney Powell Co-Founder and CEO of Maple Finance, a decentralised institutional marketplace for borrowing and lending. They explore how the negative perceptions around debt came to be, and the ways those sentiments gradually began to change. Sid breaks down some powerful factors that help to differentiate between good and bad debt, and makes it easy to understand how debt can be harnessed as a tool for our benefit.

    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 this week’s guest, Sid Powell.

    Sidney Powell is the CEO & Co-Founder of Maple Finance. Sid comes from a background in debt capital markets and institutional banking. During his career in traditional finance, he participated in $3b+ of corporate bond issuance, established and ran a $200m+ bond funding program, and managed Treasury at a commercial lending fintech company.

    View transcript
    Listen to this episode on:

  • Sep 14, 2021

    The Art Of Borrowing And Lending Money (S1E7)

    Few financial topics stir up as many conflicting opinions as the subject of borrowing and lending.

    Samantha discusses this with Leo Cheng, Project Lead of C.R.E.A.M. Finance, a decentralised lending protocol. They explore the different scenarios where debt isn’t necessarily a bad thing, but can in fact be beneficial or profitable. Finally they talk about the inaccessibility of borrowing and lending in the present financial infrastructures, with an eye on how decentralised lending protocols may pave the way towards a more fair and inclusive financial 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, Leo Cheng.

    Leo Cheng is a co-founder at C.R.E.A.M. Finance, a decentralized lending protocol for individuals, institutions and protocols. Prior to C.R.E.A.M., he summoned the Machi X DAO and founded Blockstate, a San Francisco-based blockchain advisory service. Before Blockstate, Leo served on the founding management team at Solano Labs, a cloud computing startup that was acquired by GE Digital. Prior to entering the blockchain space, Leo held senior positions at top technology firms including Apple, American Express and Belkin.

    Leo is also an electronica DJ who performed in San Francisco, Los Angeles, and at Burning Man.

    View transcript
    Listen to this episode on:

  • Sep 6, 2021

    Money as a Social Construct (S1E6)

    n our societies, money has a tendency to define us, but why?


    In this episode, Samantha and Professor Cathy Mulligan, the Director of DCentral Lab from the University of Lisbon, talk about how money has come to play a huge role in shaping society as we know it, and has in turn been shaped by an ever-evolving social landscape. They discuss the ways digital currencies may hold the keys to completely rethinking the way we've set up our current economic system.


    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 a returning guest, Professor Cathy Mulligan.


    Cathy Mulligan is Professor of Computer Science and Director of the DCentral Lab that investigates blockchain, cryptocurrencies and associated digital technologies for social good and sustainability at Instituto Superior Técnico, University of Lisbon. Cathy is a cross-disciplinary researcher who has worked at the boundaries of economics, sustainable development and digital since 2006. She has led multiple research projects across the UK, EU, Australia, India and Malaysia. She is a member of the World Economic Forum’s Data Policy Council and has consulted at senior levels for the UN, OECD and various governments across the world. She is a Visiting Lecturer at Imperial College and Honorary Senior Research Associate in the computer science department at UCL. Cathy has over 25 years experience in senior corporate and research roles and has written 7 books on digital technologies.

    View transcript
    Listen to this episode on:

  • Aug 30, 2021

    Why Does Money Lose Its Value Over Time? (S1E5)

    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.

    Episode Website
    More Episodes
    YAP Cast

    View transcript
    Listen to this episode on:

  • Aug 23, 2021

    How Do We Measure Money? (S1E4)

    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.

    View transcript
    Listen to this episode on:

  • Aug 17, 2021

    Where Does Money Come From? (S1E3)

    Who actually gets to decide where money comes from and how much of it there is?

    To answer this question, Samantha asks Professor Cathy Mulligan, the Co-Director of the Imperial College Centre for Cryptocurrency Research and Director of DCentral Lab from the University of Lisbon. They talk about who creates money, explore the mechanics of the central versus commercial banking systems and uncover how digital currencies are transforming the way money works today.

    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 this week’s guest, Professor Cathy Mulligan.

    Cathy Mulligan is Professor of Computer Science and Director of the DCentral Lab that investigates blockchain, cryptocurrencies and associated digital technologies for social good and sustainability at Instituto Superior Técnico, University of Lisbon. Cathy is a cross-disciplinary researcher who has worked at the boundaries of economics, sustainable development and digital since 2006. She has led multiple research projects across the UK, EU, Australia, India and Malaysia. She is a member of the World Economic Forum’s Data Policy Council and has consulted at senior levels for the UN, OECD and various governments across the world. She is a Visiting Lecturer at Imperial College and Honorary Senior Research Associate in the computer science department at UCL. Cathy has over 25 years experience in senior corporate and research roles and has written 7 books on digital technologies.

    View transcript
    Listen to this episode on:

  • Aug 9, 2021

    Reinventing Money (S1E2)

    Challenges with money often give rise to a desire to reinvent money.

    In this episode, Samantha Yap is joined once again by George Harrap, Co-Founder and Head of DeFi at YAP Global. They talk about ‘Reinventing Money’ with Bitcoin, and George takes us through a quick history of Bitcoin and an explanation of how it works with mining, the decentralisation of control of it and how Bitcoin may solve the problem of the debasement of money.

    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, George Harrap.

    George is a veteran crypto entrepreneur. Having started in the crypto world almost a decade ago as an early miner, George brings a wealth of experience. He has built the first crypto remittance startup in the world, built 6 cryptocurrency exchanges both centralised and decentralised, and launched 12 stablecoins. George now focuses exclusively on the DeFi space - which he believes is the next giant leap for crypto assets and blockchain technology.

    View transcript
    Listen to this episode on:

  • Aug 3, 2021

    What Is Money? (S1E1)

    Where better to start the journey of money than on the Yap islands...


    In this episode on “What is Money?” Samantha Yap is joined by George Harrap, Co-Founder of Step Finance and Head of DeFi at YAP Global. They touch on different forms of money, issues of trust and accountability with our money, differences in the perceived value of money, and the difficulties that can arise from trying to get our hands on our money when we need it.


    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 part 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 first guest, George Harrap.


    George is a veteran crypto entrepreneur. Having started in the crypto world almost a decade ago as an early miner, George brings a wealth of experience, having built the first crypto remittance startup in the world, built 6 cryptocurrency exchanges both centralised and decentralised, and launched 12 stablecoins. George now focuses exclusively on the DeFi space - which he believes is the next giant leap for crypto assets and blockchain technology.

    View transcript
    Listen to this episode on:

  • Jul 28, 2021

    Intro to The Story of Money

    Listen to this episode on:

  • Nov 30, 2022

    Money With Values S2E9

    Does money only represent financial values? A store of value, a medium of exchange, an indicator of wealth, something to buy things with, and something we want more of?

    Or could money be something that represents our personal values? What we want the world to be like?

    In this episode, Samantha Yap speaks with Kevin Owocki to understand more about crypto's possibilities and Regenerative Finance, ReFi.

    Kevin is the current CEO of Supermodular, a web3 venture studio, the author of "Greenpilled: How Crypto Can Regenerate The World", and the host of the Green Pill Podcast. He is best known as the founder of Gitcoin, which is at the forefront of sustainable work on open-source software.

    View transcript
    Listen to this episode on:

  • Nov 23, 2022

    Do We Even Need To Reinvent Money? (S2E8)

    Can money be controlled? Who gets to control it? Is the future decentralised?

    In the eighth episode of YAP Cast Season 2, Samantha Yap continues her conversation with Jacob Goldstein to understand more about the control of money.

    Jacob is a Wall Street Journal journalist, the Author of a Book called Money, and the host of the "What’s your Problem?" podcast, which helps listeners understand the problems really smart people are trying to solve.

    Enjoy this thought-provoking episode as Samantha Yap goes on a quest to discover crypto’s important place in the future.

    View transcript
    Listen to this episode on:

  • Nov 16, 2022

    Is Money a Convenient Fiction? (S2E7)

    Will people ever stop believing in money? What gives money power? How has money evolved?

    In the seventh episode of YAP Cast Season 2, Samantha Yap is joined by Jacob Goldstein. Jacob is a Wall Street Journal journalist, the Author of a Book called Money, and the host of the "What’s your Problem?" podcast, which helps listeners understand the problems really smart people are trying to solve.

    Enjoy this thought-provoking & engaging episode as Samantha Yap goes on a quest to discover crypto’s important place in the future.

    View transcript
    Listen to this episode on:

  • Nov 9, 2022

    The Future of Managing Money (S2E6)

    In the sixth episode of YAP Cast Season 2, Samantha Yap continues her discussion with Mona El Isa, the CEO & Founder of Avantgarde Finance, an asset management services tool built on decentralised finance.

    They touch on interesting like market scrutiny & transparency, the degree of transfer & enforce-ability, financial activities without the need for financial intermediaries, giving people the tools to minimize mistakes, how unchained asset management is a game-changer, the right tools & interface for increasing transparency & security, and bridging the gap between CeFi and DeFi.

    Enjoy this thought-provoking & engaging episode of YAP Cast, and keep tuning in for more interesting conversations about people, money, and the world.

    View transcript
    Listen to this episode on:

  • Nov 2, 2022

    The Importance Of Managing Money (S2E5)

    In the fifth episode of YAP Cast Season 2, Samantha Yap is joined by Mona El Isa, the founder of Avantgarde Finance, an asset management services tool built on decentralised finance.

    They deep-dived into the importance and challenges of managing money. What does managing money mean? What roles can DeFi asset management services play? How do DeFi asset management services differ from traditional asset management services? We look at all these questions and more in this episode.

    Enjoy this thought-provoking & engaging episode of YAP Cast, and keep tuning in for more interesting conversations about people, money, and the world.

    View transcript
    Listen to this episode on:

  • Oct 26, 2022

    Financial Privacy vs Transparency (S2E4)

    In the fourth episode of YAP Cast Season 2, Samantha Yap is joined by Will Harborne, Co-Founder & CEO of RhinoFi (previously DeversiFi). RhinoFi is a gateway to the whole of DeFi, where people can buy, trade, and invest across all blockchains from a single wallet.

    They touch on interesting elements related to Decentralised Finance like—the origins of DeFi, the future of DeFi, and the case for DeFi. They also discuss the importance of default privacy, the balance between privacy & transparency, the privacy preservation in DeFi, RhinoFi’s goals, and Will’s take on CBDCs (Central Bank Backed Digital Currencies).

    Enjoy this thought-provoking & engaging episode of YAP Cast, and keep tuning in for more interesting conversations about people, money, and the world.

    View transcript
    Listen to this episode on:

  • Oct 19, 2022

    Why Should Money Should Be Private? (S2E3)

    In this episode, Samantha Yap is joined by Will Harborne, Co-Founder & CEO of RhinoFi, formerly known as DeversiFi. RhinoFi is a gateway to the whole of DeFi where people can buy, trade, and invest across all blockchains from a single wallet.

    They touch on elements related to financial privacy like privacy from peers/governments/companies, access to financial services, financial inclusion as a human right, the transparency of bitcoin, issues in the current system, solutions for a better future, strategic privacy in DeFi, and DeFi’s huge potential.

    Join Samantha Yap on a quest to discover how some elements from TradFi, and technology-&-principles of DeFi: can blend to optimise financial privacy.

    View transcript
    Listen to this episode on:

  • Oct 12, 2022

    Financial Contracts (S2E2)

    In the second episode of YAP Cast season 2, Samantha Yap continues her conversation with Hart Lambur, Co-founder of UMA: an optimistic oracle built to query and verify data for decentralised finance.

    They touch on financial contracts, what role oracles play, self-policing, DeFi vs CeFi, and how DeFi can revolutionise law and finance.

    Join Samantha Yap on a quest to discover how money's practical relationship with law can evolve to be globally seamless.

    Enjoy this engaging and thought-provoking episode of YAP Cast and keep tuning in for more interesting conversations about people, money, and the world.

    View transcript
    Listen to this episode on:

  • Oct 13, 2022

    Law and Money (S2E1)

    In the first episode of YAP Cast season 2, Samantha Yap is joined by Hart Lambur, Co-founder of UMA: an optimistic oracle built to query and verify data for decentralised finance.

    They touch on the concept of contracts, the international localisation issue for financial products-&-services, centralized finance complications, and the role of digital currencies and DeFi in the future global economy.

    Join Samantha Yap on a quest to discover how money's practical relationship with law can evolve to be globally seamless.

    View transcript
    Listen to this episode on: