"How do we continue to grow the pie for us and for everybody?"

Chris Maurice runs Yellow Card, Africa's most funded cryptocurrency exchange. It operates in 20 African countries, working with approximately 30,000 businesses. This year alone, they've traded more than $3 billion dollars worth of crypto so far. He goes into what it takes to build a successful business in Africa and why there's no substitute for being on the ground.

Plus: Chris's classified sections for Nigerian men.

🌟 IN THIS EPISODE:

2:25 An unusual start in the industry

4:33 DMs full of Nigerian men

6:51 Defining crypto

12:18 Bigger than Nigeria

14:54 419 fraud

20:43 The need for Stablecoin

26:00 Avoiding fraud

34:42 Advice for American entrepreneurs

💬 QUOTES TO REMEMBER:

"Nigerians are the most convincing people on the face of this planet."

"What blockchain technology unlocks for the world is the ability to settle transactions with 100% confidence without a third party intermediary."

"We wanted to make sure that this technology is available to anybody that needs it, no matter where they are, no matter, you know, what country they were born in, what currency they were born into."

"I think that sometimes people over-index for innovation."

"You just need to understand the local context and be able to apply that in a smart way to business models that work."

🌍 ABOUT LIMITLESS AFRICA

The podcast that asks how Africans and Americans can work together for shared prosperity

Every Monday: 15-minute episodes that dive into an issue that matters to Africans

Every Thursday: extended interview with someone unlocking Africa's limitless potential

➕ WANT MORE?

Adam Grant on the skills African entrepreneurs need to succeed https://trueafrica.co/article/podcast/adam-grant-on-the-skills-that-african-entrepreneurs-need-to-succeed/

How crypto bypasses extortionate bank transfer fees https://trueafrica.co/article/podcast/how-crypto-is-making-sending-money-cheaper-in-africa/

💗 LOVE LIMITLESS AFRICA?

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Instagram: @_trueafrica

Website: https://trueafrica.co/

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Limitless Africa is sponsored by the US Department of State and the Seenfire Foundation.

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