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A follow up to Coinbase being a mission focused company

blog.coinbase.com

251–260 of 774 posts

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

#251
post #123

Is "apolitical" stance a bad thing? Isn't it the default, safe? I lived in country where you had to be "political" to be in management, it didn't end up well (East Europe, Soviet Union), I always (naively?) thought that West countries were wiser. So I prefer companies to not mess with politics.

When you come out with a policy like this as a response to this https://www.wired.com/story/turmoil-black-lives-matter-polit...

it's not apolitical, it's just giving yourself a formal policy note to point to for any future need to tell people to "shut the fuck up and get to work"

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

#252
post #188

Earlier quoted context omitted.

I see it the other way around. (Almost) everything is political. The mission of the company is not disjoint from the society it is embedded in. Things have become divisive by being able to ignore and blend out the opposing views. By not talking and listening to one another. This is just one more step in that direction. Funnily enough, I think it has been extrapolated by Neal Stephenson in Diamond Age. We will end up…

>(Almost) everything is political. I'm curious what your definition of political is, because my gut feeling is that (Almost) nothing is political.

HTTPS is political (see attorney general of united states). Do you use HTTPS on your websites? (a step against the U.S. government position) Have you turned HTTPS off in your browser? (a step towards the U.S. government position) Do you implement forward perfect secrecy for HTTPS connections? (more against U.S. government position) How do you weigh it's threat to national security against it's protection from criminals for individuals and companies?

All of these actions can be viewed as political statements. Everything is political.

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

#253
post #188

Earlier quoted context omitted.

I see it the other way around. (Almost) everything is political. The mission of the company is not disjoint from the society it is embedded in. Things have become divisive by being able to ignore and blend out the opposing views. By not talking and listening to one another. This is just one more step in that direction. Funnily enough, I think it has been extrapolated by Neal Stephenson in Diamond Age. We will end up…

>(Almost) everything is political. I'm curious what your definition of political is, because my gut feeling is that (Almost) nothing is political.

This does seem to be the standard Libertarian worldview, but no matter how much you intend to ignore the world around you, it exists and you're a part of it, and you answer to your neighbors.

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

#254

For reference, the severance package was 4 months of salary for employees with =3 years of tenure at Coinbase. The severance also included 6 months of health insurance. (Source: https://www.coindesk.com/coinbase-severance-apolitical-missi... ) What percentage of employees at Coinbase are actively interviewing for other jobs at any given time? 5%? If someone has one foot out the door already, taking a bonus equivalent…

This assumes all roles at the company are equally able to exit the company in the midst of a global pandemic and find opportune work with the same growth opportunities, salary, and locality.

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

#255
post #167
post #123

Is "apolitical" stance a bad thing? Isn't it the default, safe? I lived in country where you had to be "political" to be in management, it didn't end up well (East Europe, Soviet Union), I always (naively?) thought that West countries were wiser. So I prefer companies to not mess with politics.

My wife is mostly liberal from a US political perspective, but happens to be opposed to abortion. I happen to disagree in nuanced ways with her on this topic. My business. According to my coworkers, who discovered this because they saw her bumper sticker when she picked me up one day, this is because she is "ignorant and doesn't know the facts" and "if she knew the facts she wouldn't think that way" and that I "need…

I think it is a bit more nuanced than that, and that the line is really hard to draw.

If you wife for example got a manager that thought the females had no place in the workplace and should be a stay at home wife and was open about this, would that be ok?

If you are gay, and your manager loudly say that being gay is a sin, would that be ok?

I get that it can feel like the other way too, it probably feels hostile to be conservative in a fairly liberal company. But being open and supportive of all your employees seems like good and understandable business decision. That of course includes being welcoming to conservative people. If you think your coworkers are a disgrace, no matter the reason, I think it would be smart to not make this known.

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

#256

Earlier quoted context omitted.

Indifference to politics is a political view.

No, it is not. Politics apathy is present across all races, all classes, all genders. Those who are politically possessed like to claim that “everything is politics” and that “it’s a privilege to not care about politics”, but every Hispanic and Filipino immigrant I’ve known (which is not a negligible number) care about family, hard work, and stability: not politics.

I'm not sure why an opinion being commonly held across race/class/gender would make it not political.

Your statement that the immigrants you know care about x and y and not politics doesn't actually make sense in response to the concept 'everything is political'. You are responding from the perspective that politics means elections, or some similarly narrow set of topics. But 'everything is political' explicitly rejects that perspective. It means that a Filipino immigrant thinking about whether their uncle and cousins will be able to visit them is political because it's harder for them to get a visa than my English cousins. It means that a Hispanic immigrant talking to her friend in a restaurant after dropping the kids at school should not risk being detained by ICE because speaking Spanish makes some dropkick immigration officer decide they must be illegal immigrants, which happened in Montana.

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

#257

Earlier quoted context omitted.

>(Almost) everything is political. I'm curious what your definition of political is, because my gut feeling is that (Almost) nothing is political.

HTTPS is political (see attorney general of united states). Do you use HTTPS on your websites? (a step against the U.S. government position) Have you turned HTTPS off in your browser? (a step towards the U.S. government position) Do you implement forward perfect secrecy for HTTPS connections? (more against U.S. government position) How do you weigh it's threat to national security against it's protection from crimina…

The DOJ just today announced that they are drafting new regulations on Cryptocurrency markets.

Coinbase is intrinsically political. They're a financial institution. Their product is subject to both laws and public scrutiny.

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

#258

One thought: If you see a resume with Coinbase until October 2020, that's probably someone who prefers political activism in the workplace. That might be seen in a positive or negative light, depending on your stance. I personally am afraid to associate myself too publicly with a political stance, lest I be wrong and/or the environment changes.

“I personally am afraid to associate myself too publicly with a political stance, lest I be wrong and/or the environment changes.” I can understand this fear, but generally if you choose a stance based on compassion for all beings you’ll be in the right in the long run. This particular issue was sparked by Coinbase not taking a stance on Black Lives Matter, which they are wrong about. Standing for dismantling racism…

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

#259
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.

There is a difference between explicitly supporting the status quo and simply saying we aren't going to actively work to change the status quo within this organization.

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

#260

Earlier quoted context omitted.

Indifference to politics is a political view.

Staying in a job and supporting yourself and you family for a temporary time doing a normal job is not indifference. It is putting food on the table, perhaps literally.

I agree. I think you may have meant to address this to the comment that I was replying to.
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