Mr. Ray Youssef, the chief executive of the global peer-to-peer (P2P) finance platform, Paxful, has said that young people in Nigeria can lead a financial evolution with increased financial education.
He stated this at the Blockchain Day held recently in Abuja.
“Financial education brings empowerment and entrepreneurship. Nigerian youth are leading a financial revolution, and Bitcoin has already scaled tenfold compared to other regions.
“We must foster that momentum—it will open Nigeria up to the global market, grow local businesses, expand opportunities for international freelancers, and lessen Nigeria’s reliance on international governments who threaten to devalue local commerce. Through Bitcoin, Nigerians will lead the whole of Africa into a financial golden age,” he said.
Mr. Youssef stated that his firm has given priority to financial education, especially for young people to achieve the maximization of the benefits in the industry.
According to him, young people in Nigeria are currently giving an example to other regions on applying meaning to Bitcoin.
“Bitcoin is more than just an investment asset. It’s proof of the power of Nigerians. With high education but unemployment standing over 30%, you have shown the world how Bitcoin can forge a new path while strengthening a local economy. That’s empowering,” he said.
