Title: NoOnes CEO Ray Youssef Discusses Empowering Users, Response to Nigerian Government Crackdown on Binance P2P, and the Role of P2P Marketplaces in Bitcoin Adoption
In a recent interview with Ray Youssef, CEO of NoOnes, a peer-to-peer bitcoin trading platform, the discussion centered around empowering users, the Nigerian government’s crackdown on Binance P2P, and the crucial role of P2P marketplaces in fulfilling the promise of bitcoin as a medium of exchange.
Youssef shared that NoOnes aims to create a peer-to-peer distributed nation, with a goal of onboarding a billion engaged users in the next six years. Currently, the platform has around 400,000 active users, emphasizing the importance of user engagement over mere signups.
The conversation delved into the concept of “financial apartheid,” which Youssef described as invisible chains that have kept the majority of the world poor for over a century. He highlighted the challenges of overregulation in Africa and the lack of intracontinental trade, particularly in Africa, as examples of financial apartheid.
Regarding the Nigerian government’s crackdown on Binance P2P, Youssef discussed how NoOnes is enabling Binance P2P traders to transfer their profiles to the platform. He emphasized the importance of peer-to-peer trading and its potential to empower individuals, despite facing opposition from regulatory authorities.
Youssef also touched on the importance of education in the cryptocurrency space, citing examples of individuals using P2P trading to generate income and facilitate remittances. He emphasized the transformative potential of peer-to-peer marketplaces in revolutionizing finance and empowering individuals globally.
In conclusion, Youssef highlighted the significance of the peer-to-peer revolution, emphasizing that once money becomes truly peer-to-peer, the traditional financial powers will lose their leverage. He expressed optimism about the future of P2P trading and its role in uniting humanity through financial empowerment.
