support dispatch: https://citadeldispatch.com/donate  ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ EPISODE: 99 BLOCK: 784070 PRICE: 3578 sats per dollar TOPICS: paxful was a leading peer to peer exchange for the last eight years before it shut down this week

Ray Youssef on Twitter: ⁠⁠⁠⁠⁠ (https://twitter.com/bitcoinbrains)https://twitter.com/raypaxful⁠ (https://twitter.com/raypaxful⁠)

nostr live chat: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://citadeldispatch.com/stream⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ (https://citadeldispatch.com/stream⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠) nostr account: ⁠https://primal.net/odell⁠ (https://primal.net/odell⁠) youtube: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.youtube.com/@citadeldispatch⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ (https://www.youtube.com/@citadeldispatch⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠) podcast: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.podpage.com/citadeldispatch⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ (https://www.podpage.com/citadeldispatch⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠) stream sats to the show: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.fountain.fm/ (https://www.fountain.fm/)

(00:03:21) Introduction and shout out to supporters (00:16:55) Shutting down Paxful and the reasons behind it (00:26:53) The Noone’s app and the decentralized toolkit (00:42:21) Audit responses from support and compliance decisions (00:43:21) Freezing funds and inability to provide explanations (00:44:39) Challenges with gift card programs and reputation systems (00:49:30) Dealing with accusations and maintaining reputation (00:52:59) The potential of reputation systems and credit scores (00:56:07) The importance of Bitcoin in developing economies (01:09:30) The challenges of frozen accounts and the need for custodians (01:14:31) The importance of unstoppable free markets and the urgency to act