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#6 Paxful CEO Ray Youssef, On Building A Universal Money Translator using Crypto
Ray Youssef is the CEO of Paxful, a peer-to-peer marketplace to trade bitcoin. Paxful let's people directly trade bitcoin with with one another. Anyone can sell bitcoin on the platform and choose which payment methods they like, set the price they want to sell for etc.
The company grew to over 250 employees without ever receiving any investor money. The reason Paxful is so successful is that it does an incredible job at connecting all the fragmented financial systems in the world. Using Paxful, someone in Nigeria can pay someone in China on WeChat by just finding a peer on Paxful who is willing to accept bitcoin and able to pay out the quivalent amount in Yuan on WeChat.
In other words, Bitcoin is the clearing network that connects all these peers and allows anyone to pay anyone in the world.
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By Cryptotesters
5
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Ray Youssef is the CEO of Paxful, a peer-to-peer marketplace to trade bitcoin. Paxful let's people directly trade bitcoin with with one another. Anyone can sell bitcoin on the platform and choose which payment methods they like, set the price they want to sell for etc.
The company grew to over 250 employees without ever receiving any investor money. The reason Paxful is so successful is that it does an incredible job at connecting all the fragmented financial systems in the world. Using Paxful, someone in Nigeria can pay someone in China on WeChat by just finding a peer on Paxful who is willing to accept bitcoin and able to pay out the quivalent amount in Yuan on WeChat.
In other words, Bitcoin is the clearing network that connects all these peers and allows anyone to pay anyone in the world.
Download Bitwala: https://bitwala.x89scb.net/1xYMd
Join us on Telegram: https://t.me/joinchat/IOe3w04NMhLuDEo3ekLeCQ