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Bitcoin Takeover Podcast· Staffel 16· Folge 50

S16 E50: Ray Youssef on Why Paxful's Terminated

Montag, 13. Oktober 2025 · 1 h 46

MP3

Shownotes

On October 1st 2025, Paxful announced the decision to "wind down operations" and blamed the "misconduct" of co-founder Ray Youssef for the company's trajectory. But Ray Youssef had already moved on since 2023, building NoOnes as a non-US entity which better serves the peer to peer needs of the Global South.

In this episode, Ray explains what's going on and what he's planning to do next.

Time stamps:
- Introducing Ray Youssef
- Discussion on Paxful Termination and NoOnes as a Better Alternative
- Ray Youssef Accused of Undermining Paxful
- Paxful Press Release on Winding Down Operations
- Ray Youssef's Response and Exit from Paxful
- Warnings About Paxful's 3,000 Bitcoin in Cold Storage
- American Regulations Impacting Paxful
- New Indian Team at Paxful
- BitGo as Former Custodian for Paxful
- Dormant Tax Introduced by Paxful (Taxful Pun)
- Ray Youssef's Beard and Hair Discussion
- Expulsion from Bitcoin Church and Fatwa by High Priests
- Bitcoin as Financial and Monetary System
- NoOnes Replacing Financial Pillar for Global South
- Economic Apartheid Concept
- Ray Youssef Homeless When Starting Paxful
- Ex-Co-Founder (Artur Schaback Implied) as Business Partner Warning
- Executive Team Letters Against Ex-Co-Founder
- Attempt to Shut Down Paxful and Handle 3,000 Bitcoin
- Lawsuit by Ex-Co-Founder on Martin Luther King Day
- Accusations and Projections by Ex-Co-Founder
- Fintech Company Without Engineers During Lawsuit
- Ex-Co-Founder Incompetent as CPO
- $1.6 Million from Ray Youssef to Unfreeze Funds
- Delaware Law Firm Handling Paxful
- New Indian CEO Removing Paxful from LinkedIn Bio
- Ray Narrative on BitcoinMagazine.com
- Ex-Co-Founder Raiding Estonian Office
- Kate Grazic Back for NoOnes Partner Program
- LocalBitcoins Traders at NoOnes
- Paxful Family Reunited at NoOnes
- NoOnes Structure Outside the West
- 3,000 Bitcoin Worth $360 Million
- Own Account Bitcoin Disappeared from Paxful
- Solana Contract Issue in January
- Nick Carter Calling Ray Youssef a Clown
- Ari David Paul Accusing Scamming with NoOnes
- Support for Gaza and Palestine
- Nick Carter and Ari David Paul as Zionists
- Hack During Hajj in Medina
- Solana Bug Leading to Hack
- Ray Youssef Driving a Mini Cooper
- Muy from Ghana as Top Advocate at NoOnes
- Victor Schauberger's Work on Water
- WeChat of the Global South (NoOnes Vision)
- Silk Road Comparison (Clean Version)
- CivKit Project
- Nicholas Gregory (CivKit Collaborator)
- Commerce Block
- DarkFi Project
- Amir Taaki (Narodism) as Original Bitcoin Developer
- Roger Ver Attacked by Trolls
- Michael Saylor Meeting
- Adam Back as Skinny Twerp
- Tokenization Experiments by Ray Youssef
- Shelby Cobra 3D-Printed Car Project
- Water Bottle Structuring Water (Victor Schauberger Inspired)
- Malcolm X, Muammar Gaddafi, African Heroes on Wall
- Bitcoin.com News
- Roger Ver Quoted
- Roger Ver as Hero
- Bitcoin Cash
- Lunar the Silver Star (Sega CD Game)
- Garsh Hellcream (Warcraft Reference)
- XMR Bazaar (Monero Marketplace)
- Layer 2 Labs (Drivechains)
- Zcash Sidechain
- Thunder (Big Block Bitcoin Sidechain)
- Citrea (ZK Rollup for Bitcoin)
- Litecoin and MWEB (Mimblewimble Extension Block)
- Bitcoin Cash
- Monero
- Age of Empires (Priest Rush Invented by Ray Youssef)
- Sandy Peterson (Age of Empires Designer)
- USA Stablecoin Act
- Monerotopia Event
- Vitalik Buterin (In Photo)
- Val Venis (WWE Wrestler)
- Taxes Abolished in New World
- Sideshift (Swap Platform)

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