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Ray Youssef Acknowledges African Crypto Growth as a Revolution

Published 12/18/2022, 06:32 PM
Updated 12/18/2022, 06:45 PM
Ray Youssef Acknowledges African Crypto Growth as a Revolution

  • Olumide Adesina tweeted about the high records of crypto trade in Africa.
  • Ray Youssef responded that the lead of Africa in the crypto trade can be seen as a civilization-scale revolution.
  • Reports suggest that Africa is the third fastest-growing cryptocurrency economy.

Ray Youssef, the CEO, and co-founder of the peer-to-peer crypto trading platform, Paxful, tweeted in response to the Certified Investment Trader from Nigeria, Olumide Adesina’s post on Africa’s high records on crypto transactions.

Youseff reflected back on the way in which people laughed at Africa’s adoption of crypto seven years before. He commented that the current state of African crypto trading is more than adoption, but a “civilization scale revolution”:

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