#405: Hong Fang on Building A World Class Crypto Exchange

The Pomp Podcast

Anthony Pompliano

Business, Investing

4.8 • 1.9K Ratings

🗓️ 12 October 2020

⏱️ 52 minutes

🔗️ Recording | iTunes | RSS

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Summary

Hong Fang is the CEO of OKCoin, a leading fiat-focused digital asset exchange with service in 184 countries. She previously served as a former Goldman Sachs banker, a growth equity investor, a global citizen, and a longtime member of OK Group's Board of Directors. In this conversation, we discuss Hong's background, why she has such deep conviction in Bitcoin, the OKCoin story, why the company is funding Bitcoin development, and what the future of global crypto adoption looks like. ============================== Choice is a new self-directed IRA product that I'm really excited about. If you are listening to this, you are likely part of the 7.1 million bitcoin owners who have retirement accounts with dollars in them, but not bitcoin. I was in that situation too. Now you can actually buy real Bitcoin in your retirement account. I'm talking about owning your private keys and using tax-advantaged dollars to do it too. Absolute game changer. https://www.retirewithchoice.com/pomp ============================== Masterworks.io is an exclusive platform that makes it as easy as trading stocks online. And the best part is: you don’t need to know anything about art. Their experts will create a custom portfolio to meet your investment needs. With Masterworks.io you don’t have to choose between big risks and big returns. Sign up today, select PODCAST and you can skip the 70,000 waitlist to get first dibs. Just go to www.masterworks.io and use code "POMP" ============================== Coinbase Wallets are adding support for .crypto and .zil domains through their partnership with Unstoppable Domains. Unstoppable Domains provides an all-in-one solution for blockchain domains. You can send money using these new domains instead of long Bitcoin wallet addresses, while also storing your domain in Coinbase's collectibles section. Go to unstoppabledomains.com in the dapp browser to register and manage your domains.

Transcript

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0:00.0	What's up, everyone? This is Anthony Pompliano. Most of you know me as Pomp. You're listening to the Pomp
0:05.3	podcast, simply the best podcast out there. Let's kick this thing off. Hong Feng is the CEO of OKCoyne,
0:14.0	a leading fiat-focused digital asset exchange with service in 184 countries. She previously served as a
0:20.4	former Goldman Sachs banker, a growth
0:22.4	equity investor, a global citizen, and a longtime member of OK Group's board of directors.
0:28.3	In this conversation, we discuss Hahn's background, why she has such deep conviction in Bitcoin,
0:33.7	the OK Coin story, why the company is funding Bitcoin development, and what the future of global
0:38.8	crypto adoption looks like.
0:41.0	I really enjoyed this conversation with Hong, and I hope you do as well.
0:45.3	Before we get into this episode, though, I want to quickly talk about our sponsors.
0:49.3	First up is Choice.
0:51.0	There are a new self-directed IRA product that I'm really excited about. If you're listening
0:55.0	to this, you're likely part of the 7.1 million Bitcoin owners who have retirement accounts with
0:59.1	dollars in them, but not Bitcoin. I used to be in that situation too, but Choice helped me fix it.
1:04.3	So now you can actually buy real Bitcoin in your retirement account. I'm talking about owning your
1:09.5	private keys and using tax advantage
1:11.9	dollars to do it too. It's an absolute game changer. So Choice is by Kingdom Trust. It's a self-directed
1:18.5	IRA product that allows you to buy Bitcoin, hold your private keys, and use tax advantage
1:23.8	dollars to do this. Go check them out at retire withchoice.com slash pomp.
1:29.3	Again, retire withchoice.com slash pomp. Absolute game changers. Next up is Masterworks. Masterworks is an
1:39.8	awesome, awesome new platform. Did you know only 1% of day traders actually turn a profit?
1:45.4	It's tough for people like Wall Street bets or Davey Day trader. So why are so many of us
	...

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