Discover and read the best of Twitter Threads about #Paxful
Most recents (3)
1/12 Hi!👋 - #Bitcoin for ECCOWAS
In Sub-Sahara Africa, a currency union exists between Mali🇲🇱, Benin🇧🇯, Burkina Faso🇧🇫, Ivory Coast🇨🇮, Guinea-Bissau🇬🇼, Niger🇳🇪, Senegal🇸🇳 & Togo🇹🇬 - Quick Thread 🧵
In Sub-Sahara Africa, a currency union exists between Mali🇲🇱, Benin🇧🇯, Burkina Faso🇧🇫, Ivory Coast🇨🇮, Guinea-Bissau🇬🇼, Niger🇳🇪, Senegal🇸🇳 & Togo🇹🇬 - Quick Thread 🧵
2/12
The currency these countries share is the 'CFA-Franc' (XOF). The XOF is currently pegged at 655 XOF to 1 €. After Bretton Woods, the currency was introduced for the first time.
The currency these countries share is the 'CFA-Franc' (XOF). The XOF is currently pegged at 655 XOF to 1 €. After Bretton Woods, the currency was introduced for the first time.
3/12
While in 1945 1 CFA-Franc was equal in value to 1,70 FF (French Franc) it was merely equal to 0,01 FF in 2002. Cause: Devaluation of the FF by the French government.🇫🇷 The XOF lost 17000% of its value in 52 years.
While in 1945 1 CFA-Franc was equal in value to 1,70 FF (French Franc) it was merely equal to 0,01 FF in 2002. Cause: Devaluation of the FF by the French government.🇫🇷 The XOF lost 17000% of its value in 52 years.
Peer 2 Peer trading is the act of buying and selling #Crypto directly between users, without a third party or intermediary
When you buy or sell crypto using a #crypto exchange, you don't get to transact directly with the counterparty
Lol, i just heard this evening that @paxful will start charging 1$ or 1% which ever is higher of the two options on every internal transfer of bitcoin and customers will only have 5 times to make free internal transfer in a month, like LMAO @raypaxful
#Paxful #Bitcoin #Crypto
#Paxful #Bitcoin #Crypto
It still baffles me and leave me in shock why @paxful and @raypaxful will decide to charge such an outrageous fee on a Bitcoin transaction, 1% which means 10$ on 1000$, 100$ on 10000$, 1000$ charges on 100000$ bitcoin internal transfer 😀.
Even BANKs does not charge such an outrageous amount on money transfer, what’s now the essence of Blockchain ? What’s essence of Bitcoin 🤷🏽♂️ ?
Do you guys really beleive you have the user base enough and have become so indispensable that made you think people will accept this ?
Do you guys really beleive you have the user base enough and have become so indispensable that made you think people will accept this ?
