Paxful Builds School with Bitcoin in Africa

paxful school built with bitcoin nigeria dec 2020 768x432

One of the biggest peer to peer bitcoin exchange with a network of kiosks across the world is building schools in Africa funded with bitcoin. “The #BuiltWithBitcoin initiative is a testament to the power of cryptocurrency. We firmly believe that it can improve lives and make the world a better place,” says Ray Youssef, the CEO and co-founder of Paxful. Last year they were accused by a Nigerian NGO of locking out Nigerians from their platform, with Youssef stating at the time “Selling used gift cards over and over is FRAUD, yes this is a CRIME… Funds will go towards victims or SCHOOLs.” They have built two schools already, both in Rwanda, furnished with solar panels and still costing a total of just $100,000 each. They are in the process of building two more schools, one in Kenya and another in Nigeria. The Nigerian one (pictured) is almost finished says…

Read the original article here

IF YOU LIKED THIS ARTICLE CLICK SHARE