1 Billion Bitcoin P2P Traders: NoOnes Sets Sights on Nigeria and Global South

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1 Billion Bitcoin P2P Traders: NoOnes Sets Sights on Nigeria and Global Southbitcoinmagazine.com
bitcoinmagazine.com

1 billion bitcoin P2P traders: NoOnes sets sights on Nigeria and global South

AI summary of the linked article

NoOnes CEO Ray Youssef argues that peer-to-peer bitcoin trading can end "financial apartheid" by letting people in developing economies trade freely, and that the platform's goal is one billion daily engaged users within six years. He says NoOnes has about 400,000 active users and is absorbing Binance P2P traders after Nigeria's government crackdown on Binance P2P. Youssef also describes Ross Ulbricht's imprisonment and Changpeng Zhao's legal troubles as attacks on peer-to-peer trading, a claim the article presents as his own view.

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A different perspective:

Peer-to-peer marketplaces are the last step. That's what they put Ross Ulbricht in jail for. That's what they put CZ in cuffs for. They don't want someone actually finishing it, completing the peer-to-peer revolution.