Hong Fang, CEO of Okcoin, discusses the future of Bitcoin and centralized exchanges with David Lin, Anchor for Kitco News.
Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV)
Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
Follow Hong Fang on Twitter: @hfangca (https://twitter.com/hfangca)
0:00 – Bitcoin’s potential
4:20 – Banning crypto margin trading
7:00 – Proof of reserves
16:00 – Trust in centralized exchanges
18:00 – How exchanges will change
22:00 – Bitcoin price outlook
24:00 – Renewed bull rally
26:00 – What can challenge Bitcoin?
28:00 – CBDC vs Bitcoin
#Bitcoin #crypto #FTX
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31 Comments
Crypto isn’t dead, that’s ridiculous, it’s the future. However, the spirit of crypto will not come to fulfill its designed purpose because of corruption and greed. The world’s governments won’t allow it…everything is going to be under a centralized umbrella, they won’t allow it to exist in a decentralized state.
Great guest. ONLY speaks truth and unknowns of BITCOIN and CBDCs…
There are a BUNCH of bot/scammer comments on this video talking about some sht-coin as if if were even discussed in the video…
Careful out there the SCAMS are EVERYWHERE!
Yes it can go below 10k. If equities market tank even more next year BTC is going below 10k. No recovery until 2024.
Great to have interviewees who have something to say. David good job!
David is such a news caster personality lol
She said absolutely
Ahhhh ahhhhh ahhhhhh! This lady can’t communicate lol
Bitcoin has never changed, it's a fixed protocol set in stone. But that BTC is no longer Bitcoin. The original Bitcoin will scale to billions of transactions per second with the completion of IPv6 implementation.
Hong Fang – FTX is the failure of centralisation. I thought Crypto is about decentralisation? 🤔
She's great
Bitcoin going 9 k in 2023 mid
Then btc going 100 k in 2025
We ALREADY have honest money: physical gold and silver
Great interview Thanks David
Total control is coming…where was this clickbait title even discussed…it wasn't.
Here we are after a decade of affinity scams and grifting off cryptos.
So she's the CEO of an exchange and has no prediction for bitcoin in 2023? Come the hell on lady
BUTT coin A Limited Supply of NOTHING
ATR4xx spammers – it ain't a good look for your token or crypto in general.
Simple answer, no. Bitcoin and cryptos ship has sailed. The thrill and hype is gone. People know it was just a big scam. No intrinsic value, you can't even hold it.
Love this show, such a great commutator…..he lets people speak.
Crypto is done. Long live gold.
Is Hong the inventor of FANG stocks? 🤣
Very simple….don't buy crapto. It offers nothing to anyone. Not a storage of wealth….never will be. Gold, silver, things that are intrinsic.
You don't forget.
Yet another Shitcoin kook clown🤡🤡🤡😆🤣😂
David, we luv you, your a great guy. Please have some self respect for yourself and stop covering this fraud Crap-to / Bit-crap / NFT industry. This fantasy festival is worse then the tulip bulb mania! At least the tulip bulbs could actually create something! Of course all these bias frauds in the Crap-to industry are going to keep putting a positive spin on the future of this garbage, their fraudulent careers depend on it!
But the case for 'intrinsic value' still needs to be made with unequivocal conviction, along the lines of any public traded company! Buyer beware remains the watchword!
Tons of bots/cheerleaders on this thread. Isn’t the unregulated part that everyone loves the part that everyone hates as well 😂? How can you trust, but not “trust blindly,” an unregulated “asset?”
The founder of ATR44X went to Epstein island 🏝 over and over and over…
Hong is legit I trust the earn protocol
David is great but getting really annoying that kitco's interviews are mostly about crypto lately. Boringgg