
158. Paxful with Ray Youssef
The Bitcoin Standard Podcast
00:00
I'll Stop Talking Now, Brother, Let's Go Down That Road
In Nigeria, there is something called round tripping with the friends of the central bank are allowed to buy dollars at the official price. And then they will take those dollars and sell them on the back market at double the price. This is why the A-B's won the IRS worth more than a dollar. Now it's wallet almost 900 to one. Because they're like, hey, only we can't get this magical arbitrage shit. All you peer traders out there trying to do the same thing that we're doing, we're not going to allow that to happen. I believe we have all the tools and components we need to do this now. The internet, for the administration
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