Hong Fang: Bitcoin and Earning Value You Can Rely On

This week's Coin Stories features Okcoin CEO Hong Fang

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Hong Fang is the CEO of Okcoin, a global, US-licensed cryptocurrency platform serving 190+ countries — the largest reach of any US-based exchange. Having experienced the opening of China’s economy, Hong worked at Goldman Sachs for nearly a decade, driven by her passion for free markets. She left Wall Street for cryptocurrency after realizing digital assets offer the financial inclusion that traditional finance only claims to. Hong joined Okcoin in 2019 after making a growth equity investment in the company, and has since overseen the company’s rapid growth. She holds an MBA in Finance, Accounting and Entrepreneurship from the University of Chicago’s Booth School of Business.

You can follow Hong on Twitter at @hfangca

Timecodes:
00:00 Intro and promo codes
02:26 Hong upbringing
03:48 Hong's Chinese parents
04:38 Understanding money in China
05:26 Applying to school in the US
07:32 Chinese vs. American value systems
08:39 Business school
11:14 Chinese vs. American monetary systems
14:06 First job on Wall Street
15:10 Interest in cryptocurrency
17:10 Was Hong for or against bailouts?
18:32 Satoshi's Bitcoin white paper
20:22 Hong's transition from Goldman Sachs to cryptocurrency world
26:33 Investing in making a difference
31:23 Hong's rise to CEO of OKcoin
38:48 Hong's family's reaction to her career
40:15 Becoming first female global exchange CEO
43:12 OKcoin's culture and diversity
53:26 Hong's take on various coins and cryptocurrencies
58:17 Why does Hong believe in Bitcoin?
1:00:42 What would Hong tell her younger self?

[DunKin]

Thank you so much for having your dialog with Hong Fang. This was an incredible interview where she dropped several great nuggets of insight all the way through the discourse. I appreciated her perspective on the crypto monetary landscape from a Chinese base of experience.
About half way through at 30:30 she astutely brought out a reason for diving down the bitcoin rabbit hole: “how do I keep my money at the value I was earning it.”
Then at the very end at 58:30 you have her give the answer: “bitcoin is the first real global money of integrity — when I put my hard earned value into it, I don’t have to worry about what the value will be 10 years later… good savings money.”
At 40:40 her comment “we all wear different tags, and gender is just one of the tags” was a sage answer to the gender question.
And I liked her take on the culture at work including her comment at 46:25 “we want people who are open to changes — not only changes around them, but also changes in them”.

[socials]

Notably valid points were made. Let's talk about how to safely make amazing profits off crypto.

[MdRayhan-gjjw]

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