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.