In this episode, Brad Mills, host of the Magic Money Internet Podcast, is joined by Ray Youssef, the founder of Paxful. The two discuss a range of topics during this episode such as Bitcoin, Africa, and the story of how Ray founded Paxful. Today, Paxful is a network with more than 5 million global users, with more than half of them from the continent of Africa. Tune in to hear how Ray Youssef goes from being a serial entrepreneur, to founding the Paxful network, to dismantling Financial Aparthied.
Time Stamps
0:2:15: Introduction
0:0:09: Ray’s Journey with Bitcoin
0:7:31: Ray’s Experience with Regulators
0:10:10: Discussion on Financial Aparthied
0.16:08: Bitcoin vs Stablecoins and Opportunities in Africa
0:21:56: Sanctions Against Paxful
0:27:32: Paxful Fees and Volumes
0:28:10: Paxful Education Goals and Customer Support
0:35:07: Paxful's Affiliate Program
0:36:33: Paxful’s Expansion in 2021
0:41:46: Paxful in India
0.46:33: Paxful Daytraders
0:53:11: Managing Paxful on a Day to Day Basis
0.57:33: Ray’s Leadership Values
1:03:08: How to Engage with Paxul, Show Summary, Social
Podcast Mentions
Hawala peer-to-peer system
Chaincode Labs residency
India's crypto ban and subsequent lifting
Find Ray Youssef on:
Find Brad Mills and Magic Internet Money on:
Magic Internet Money Facebook
Magic Internet Money Instagram
Produced by Brad Mills - Twitter, Hamilton - YouTube, Jason Sanderson - Podcast Tech
Other Credits: bitconnect theme by schmoyoho, graphics by CryptoScamHub, Magic Internet Money inspired by u/mavensbot, invention of Bitcoin & all cryptocurrencies by Satoshi Nakamoto.