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A follow up to Coinbase being a mission focused company

blog.coinbase.com

61–70 of 774 posts

Re: A follow up to Coinbase being a mission focused company

#61
post #15

I don't think it can be understated how much saying 'no politics' is a political statement. Supporting the status quo is a political statement. And supporting the status quo in this political climate is a strange hill to plant your flag on.

"you must become a member of the Party" is a horrible situation for any country to be in. Full stop. There are too many examples in history of where that leads to claim naiveté or propose that their consistent outcomes won't apply here.

Re: A follow up to Coinbase being a mission focused company

#62

Earlier quoted context omitted.

Not using your business as a political platform is not the same as supporting the status quo. The "if you're not with us, you're against us" stance is definitely polarizing and is not making things better.

But Coinbase is using their business as a political platform[1]. [1] https://www.fec.gov/data/receipts/individual-contributions/?...

I hope they get a lawsuit over this if they continue giving to candidates.

Re: A follow up to Coinbase being a mission focused company

#63

Earlier quoted context omitted.

Not using your business as a political platform is not the same as supporting the status quo. The "if you're not with us, you're against us" stance is definitely polarizing and is not making things better.

But Coinbase is using their business as a political platform[1]. [1] https://www.fec.gov/data/receipts/individual-contributions/?...

Or they're just bribing, er lobbying, politicians to achieve the company's goals, regardless of the affiliation of said politicians.

Re: A follow up to Coinbase being a mission focused company

#64
post #15

I don't think it can be understated how much saying 'no politics' is a political statement. Supporting the status quo is a political statement. And supporting the status quo in this political climate is a strange hill to plant your flag on.

Coinbase didn't say "no politics" or "we support the status quo". They just said that the company is focused on cryptocurrency, and won't engage in political causes other than supporting cryptocurrency.

Cryptocurrency is an explicitly political cause.

Re: A follow up to Coinbase being a mission focused company

#65
post #39

Earlier quoted context omitted.

That’s a very paranoid way of looking at things. Signalling support for the status quo would involve something more active, eg “wooo, go status quo!!” on a banner. Maybe they have different priorities than you and just want to make money. Not everything is political.

Just wanting to make money is political because it means the environment has been configured in such a way that you can do so. If you make money in the position of a manager or boss, it is even more strongly political as you are using the configuration of the political system to direct societal resources at your whim to make money.

Just playing the bongos is political because it means the environment has been configured in such a way that you can do so. If you play the bongos in the position of a manager or boss, it is even more strongly political as you are using the configuration of the political system to direct societal resources at your whim to play the bongos.

You might be proving too much here.

Re: A follow up to Coinbase being a mission focused company

#66
post #45
post #15

I don't think it can be understated how much saying 'no politics' is a political statement. Supporting the status quo is a political statement. And supporting the status quo in this political climate is a strange hill to plant your flag on.

This idea of "everything is political" is why the discourse went to shit, now nobody can catch a break from politics, and if you had enough and don't want to take part then you instantly gets attacked for "supporting the status quo". I prefer to not be lectured on political issues by my orange juice brand. Their mission should be to sell high quality orange juice and make a profit.

I think in prior times when we didn't have all the information we have available at hand: sure that's fine.

But what if your orange juice brand of choice was actively contributing to the destruction of the environment, lobbying politicians to make them exempt from environmental regulations, and destroying competition in nefarious ways?

That's an extreme but if that's information you have and you still support that orange juice brand then you are supporting everything that is public knowledge about that brand.

Re: A follow up to Coinbase being a mission focused company

#67
post #45
post #15

I don't think it can be understated how much saying 'no politics' is a political statement. Supporting the status quo is a political statement. And supporting the status quo in this political climate is a strange hill to plant your flag on.

This idea of "everything is political" is why the discourse went to shit, now nobody can catch a break from politics, and if you had enough and don't want to take part then you instantly gets attacked for "supporting the status quo". I prefer to not be lectured on political issues by my orange juice brand. Their mission should be to sell high quality orange juice and make a profit.

Great! Because it's totally non-political to influence international trade policy to give yourself an advantage in buying your oranges and labor in waaaaaait it totally is.

IMO Coinbase is "doing it pretty well", not by saying "we'll be apolitical", but by saying, "we're going to be political ONLY about X & Y".

My read is that they're not discouraging their employees from being political (unclear to me ATM if they're still doing donation matching regardless), and they're not stopping work-place diversity programs... they're just limiting their lobbying to, you know, their own issues.

Re: A follow up to Coinbase being a mission focused company

#68
post #21
post #15

I don't think it can be understated how much saying 'no politics' is a political statement. Supporting the status quo is a political statement. And supporting the status quo in this political climate is a strange hill to plant your flag on.

Is it necessarily? Social media has amplified polarization. Is it really the case that everyone must support one or other of the poles?

IMO that's due more to first-past-the-post voting.

Re: A follow up to Coinbase being a mission focused company

#69
post #47
post #35

Earlier quoted context omitted.

You are correct in your "understatement" claim, though I suspect unintentionally so. Yes, "avoiding politics" cuts into time you could be spending advancing progressive politics. So does writing software. So does watching a movie with your spouse. So does sleeping. So does every single thing that isn't literally "advancing progressive politics." "No politics = politics" is an utterly vacuous statement.

He's not passively stating no politics he's actively discouraging any politics. There is a slight difference. If you become friendly with a person in the workplace you'll eventually learn their politics, right? Either through how they act or what they say. How do you limit how much a person reveals about themselves at work? The CEO is saying Coinbase won't take political stances. That's fine in theory but in practice…

The rules aren't as strict as you're thinking. As the article describes, Armstrong's made it clear that there's no rule requiring employees to just pretend politics don't exist, and employees are still free to discuss politics with each other or create political discussion Slack channels.

Re: A follow up to Coinbase being a mission focused company

#70
post #15

I don't think it can be understated how much saying 'no politics' is a political statement. Supporting the status quo is a political statement. And supporting the status quo in this political climate is a strange hill to plant your flag on.

It's no so strange. A lot of people are perfectly happy with the status quo, while recognizing that there's always room for improvement.
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