Dismantling Financial Apartheid

Magic Internet Money

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

Paxful Affiliate Program

India's crypto ban and subsequent lifting

Find Ray Youssef on:

Ray Youssef Twitter

Ray Youssef Instagram

Find Brad Mills and Magic Internet Money on:

Brad Mills Twitter

Magic Internet Money Twitter

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.