Paxful CEO personally writes to 11.6 million users explaining why Paxful has delisted all shitcoins #Paxful #CEO #personally #writes #million #users #explaining #Paxful #delisted #shitcoins


Paxful CEO individually writes to 11.6 million customers describing why Paxful has delisted all shitcoins

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Comments (50)

  • pr84704p Reply

    Does anyone know of non-shitty exchanges that New Yorkers can use? My understanding is that New York’s awful laws prevent most of the exchanges from being available to them due to the bit license.

    December 23, 2022 at 4:51 pm
  • XBThodler Reply

    I think this is pretty ballsy. Also is clear Paxful is paving its way to exclusively become a lightning network payments app only. Good for them.

    December 23, 2022 at 4:51 pm
  • dirtyhandsome Reply

    what’s paxful?

    December 23, 2022 at 4:51 pm
  • simplelifestyle Reply

    This is the way. That’s why I use the only 5 trusted exchanges to buy and then send to my wallet:

    1) Kraken

    2) Swan

    3) Paxful

    4) Strike

    5) Cash App

    All five have cool ‘Bitcoin maximalist’ CEO’s that openly recommend to NOT keep you BTC on the exchanges. And they are the only ones with real proof of reserves.

    !LNtip 1000

    Edit: Expanding to Strike and Cash App

    December 23, 2022 at 4:51 pm
  • DeliciousCitron415 Reply

    If you want to run an ethical and honest exchange this move is very understandable.

    December 23, 2022 at 4:51 pm
  • SatStandard Reply

    As a Paxful user, I’d say that 95% of trade on Paxful is Bitcoin. All trades involve only Bitcoin and fiat or stablecoins.

    Altcoins are not of much interest for Paxful users. I can appreciate the reasons but this is a good PR move in my opinion.

    December 23, 2022 at 4:51 pm
  • losh11 Reply

    Yet they will continue to sell USDT and USDC. Yes they are centralised. The entire purpose of bitcoin was to build a trustless system of money. Instead we’ve all decided for some reasons to hinge our entire industry on the backs of trusting a bunch of random people who are in my opinion worse than banks.

    December 23, 2022 at 4:51 pm
  • Anon_Legi0n Reply

    I agree with everything that this guys says, especially about PoW vs PoS

    December 23, 2022 at 4:51 pm
  • [deleted] Reply

    [removed]

    December 23, 2022 at 4:51 pm
  • HelloMokuzai Reply

    Scams are a lucrative business. It takes a great deal of honesty and clear morality to give up the potential for profit, for the greater good of society. I commend Ray & the Paxful team for leading the charge.

    Support Bitcoin and Bitcoiners will support you.

    December 23, 2022 at 4:51 pm
  • lttitus Reply

    Can we all just agree to stop saying “This is the way.”

    December 23, 2022 at 4:51 pm
  • MrRGnome Reply

    As a very critical user of Paxful during the blocksize wars, during the last many years since, I am very happy to see this change. As Bitcoiners we should welcome these kinds of companies back with open arms and continue to encourage this pro-bitcoin ethos both loudly and with our business.

    Lets show that toxic maximalism includes forgiveness and welcoming and see how long that toxic label sticks!

    December 23, 2022 at 4:51 pm
  • kaaasje Reply

    Ray should rename himself to Chad

    December 23, 2022 at 4:51 pm
  • dadlif3 Reply

    That brought a single tear to my eye… beautiful.

    December 23, 2022 at 4:51 pm
  • Marcion_Sinope Reply

    Based.

    People are starting to understand the difference between crypto (shitcoins) and bitcoin.

    Some learn faster than others.

    December 23, 2022 at 4:51 pm
  • Classic_Ad3154 Reply

    Sounds pretty much like the whole SBF thing following on the heels of the LUNA fiasco has the big boys trying to Cover Their (Your) Own Ass.

    It’s C.Y.O.A time at the feeding hole.

    And the good, the bad and the ugly would be bending backwards to make sure they look squeaky clean so that they could keep filling their pockets.

    December 23, 2022 at 4:51 pm
  • deftware Reply

    He has a points.

    December 23, 2022 at 4:51 pm
  • Expensive-Yard3033 Reply

    THIS IS THE WAY!

    December 23, 2022 at 4:51 pm
  • BlackyHollywood Reply

    Oh what a outstanding step! Like he read my thoughts about ETH exactly!

    December 23, 2022 at 4:51 pm
  • Particular_Ad5888 Reply

    I agree!

    December 23, 2022 at 4:51 pm
  • Esslemut Reply

    it’s maxi season!

    December 23, 2022 at 4:51 pm
  • desi7777777 Reply

    This is the way….

    December 23, 2022 at 4:51 pm
  • lordchickenburger Reply

    i respect his decision

    December 23, 2022 at 4:51 pm
  • bilabrin Reply

    What’s Paxful?

    December 23, 2022 at 4:51 pm
  • Suishou Reply

    Sounds like a cover for them going bankrupt.

    December 23, 2022 at 4:51 pm
  • Ok_Aerie3546 Reply

    He woke up and chose truth.

    December 23, 2022 at 4:51 pm
  • wildzebrahs Reply

    Bitcoin 4 life. Let’s build more utility on BTC. Secure it all.

    December 23, 2022 at 4:51 pm
  • techma2019 Reply

    Sounds like regulation is coming to the US. Here’s hoping a shitcoin purge happens.

    December 23, 2022 at 4:51 pm
  • UBIQZ Reply

    A good call, I recently sold all of my ETH for bitcoin. There is no second best.

    December 23, 2022 at 4:51 pm
  • Gackt Reply

    I got scammed long time ago in Paxful and they never either banned the scammer not helped me in any shape or form.

    December 23, 2022 at 4:51 pm
  • FucktheCaball Reply

    He makes sense

    December 23, 2022 at 4:51 pm
  • GetRichOrDieTryinnn Reply

    I get so many downvotes for calling out vitalik and his merry band of thieves with their shitcoin. It’s all about the bitcorn

    December 23, 2022 at 4:51 pm
  • h0rologist Reply

    Based as fuck

    December 23, 2022 at 4:51 pm
  • LeAristocrat Reply

    Bullish!

    December 23, 2022 at 4:51 pm
  • ranamok Reply

    Fuck yeah!

    December 23, 2022 at 4:51 pm
  • zlogic Reply

    😍😍😍😍

    December 23, 2022 at 4:51 pm
  • Sowiedu Reply

    “Hey we’re deciding what’s good and what’s bad for our users, like gatekeepers. I think that’s what the crypto spirit is about. Not about borderless and permissionless innovation and self reliancy and learning.”

    Here, translated that for you so you don’t have to. But don’t take me on my word. Think about it and come up with your own translation.

    December 23, 2022 at 4:51 pm
  • axnoro Reply

    Fuck Crypto! Bitcoin and self custody are the revolution :)

    December 23, 2022 at 4:51 pm
  • kwanijml Reply

    Be fearful of people who say exactly all the right words.

    December 23, 2022 at 4:51 pm
  • InspectorTerrible284 Reply

    Can someone send the link that is underlined in the email reading, “controlled by a small group of people.”?

    December 23, 2022 at 4:51 pm
  • Broineverysentence Reply

    That’s a real bro move.

    December 23, 2022 at 4:51 pm
  • [deleted] Reply

    [removed]

    December 23, 2022 at 4:51 pm
  • BitcoinFan7 Reply

    AND MY AXE!!

    December 23, 2022 at 4:51 pm
  • cubeeless Reply

    Chad move

    December 23, 2022 at 4:51 pm
  • dbvbtm Reply

    Kudos to Paxful, I hope others will follow.

    December 23, 2022 at 4:51 pm
  • TetraCGT Reply

    I think this will be a very good play for them in the future. Paxful is now on my radar and will likely get my business.

    December 23, 2022 at 4:51 pm
  • KandaonsLeftTestie Reply

    What does it mean to “personally write to 11.6 million users”, if this email is just sent to everybody..

    December 23, 2022 at 4:51 pm
  • cosmicnag Reply

    centralized premined proof of vitalik self-proclaimed ultrasound clown world shitcoin. Fuk that sh1t.

    December 23, 2022 at 4:51 pm
  • spazzticles Reply

    Surprised he didn’t mention the fact that like 80% of all ETH blocks are now complying with US sanctions laws as well. Either way, bravo Paxful. Massive W

    December 23, 2022 at 4:51 pm
  • Fluid_Custard_5063 Reply

    We’ll said!

    December 23, 2022 at 4:51 pm

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