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 Sidney 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.