Messari's Unqualified Opinions

Paxful CEO Ray Youssef on Bitcoin Usage in Africa and its Emerging Market Future

04.14.2020 - By MessariPlay

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Today’s episode with Ray Youssef covers his path to founding Paxful after immigrating to New York from Egypt, founding 2 successful startups and 11 failed ones before temporarily becoming homeless while finding his way to bitcoin. He details how he sees Bitcoin moving beyond a speculative instrument and returning to its roots, with payments, e-commerce and wealth preservation in emerging markets. Lastly, he predicts that peer-to-peer bitcoin transactions will eclipse exchange volume within two years and that crypto’s future is African.  

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