🔥 Bitcoin’s Promise, Crypto’s Reputation Problem | Tyrone Ross Jr.

On this weeks episode of the 9innings Podcast.. A crypto exchange reportedly lost $6.4 billion after a DevOps engineer left a laptop accessible to a North Korean operative and, Tyrone Ross Jr. argues, keeping so much crypto in online “hot wallets” made the damage worse.

He joins the show to unpack what’s known, whether Binance can afford to reimburse users, and why Ross thinks crypto customers should get assets off exchanges. The conversation also turns personal: Ross recalls growing up without a bank account and seeing crypto move money in minutes, while acknowledging the industry’s scams, bad actors and steep barriers for the unbanked. Note: The transcript’s account of the incident is presented as breaking news and includes claims that may need independent verification.

00:00 – Introduction

01:24 – Tyrone Ross Jr. on the Crypto Exchange Exploit

05:19 – Binance’s Responsibility and Exchange Security

10:14 – Crypto Hacks, Bitcoin’s Resilience, and Market Confidence

13:36 – Does Bitcoin Have Real Economic Value?

25:04 – Crypto’s Reputation, Scams, and Banking the Unbanked

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