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1 Year of Coinbase as a mission focused company

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Re: 1 Year of Coinbase as a mission focused company

#21

> The biggest lesson I took away from the whole ordeal is that if you believe something is the right path, it's worth speaking up about it, even if it's controversial. Unless you work at Coinbase, right?

It’s only ok on Twitter https://mobile.twitter.com/brian_armstrong/status/1445604556...

Re: 1 Year of Coinbase as a mission focused company

#22
post #12

> The biggest lesson I took away from the whole ordeal is that if you believe something is the right path, it's worth speaking up about it, even if it's controversial. Unless you work at Coinbase, right?

Why do people think work is an appropriate place for political activism?

Because managers and directors feel that it is. They generally feel that it's an appropriate place for pushing their politics. (And complain loudly when employees do the same.)

Re: 1 Year of Coinbase as a mission focused company

#23
post #5

This man spends way too much time on Twitter and not enough time learning the rules and regulations of the industry the company he leads participates in.

> This man spends way too much time on Twitter and not enough time learning the rules and regulations of the industry the company he leads participates in.

I can't think of a more hated CEO in the Cryptospace since Jihan Wu, who also spent quite a lot of time on social media/Twitter lambasting his users and detractors. A few years later he would be ousted by the CCP from his own company and was licking his wounds from his failed attempt to hi-jack Bitcoin after having loss majority hashing power and near exclusive manufacturer of miners. (Maybe Mark Karpeles, but even then he served his time in prison and after having his life ruined by the Japanese legal system and most just feel bad for the guy.)

To be honest, Strike is going to disrupt Coinbase business model sooner than later and the valuation of Coinbase is the very definition of froth.

In all seriousness, I can't wait to see Coinbase's and Armstrong's collective demise,

Re: 1 Year of Coinbase as a mission focused company

#24
post #12

> The biggest lesson I took away from the whole ordeal is that if you believe something is the right path, it's worth speaking up about it, even if it's controversial. Unless you work at Coinbase, right?

Why do people think work is an appropriate place for political activism?

Why do companies try to inspire employees with things beyond purely mercenary motivations?

Re: 1 Year of Coinbase as a mission focused company

#25
post #12

> The biggest lesson I took away from the whole ordeal is that if you believe something is the right path, it's worth speaking up about it, even if it's controversial. Unless you work at Coinbase, right?

Why do people think work is an appropriate place for political activism?

Because that's part of the premise of a society governed in large part by the free market. That's an idea I support, but it only makes sense if market power isn't amoral. Tech company employees wield some of the most important power in our markets.

Re: 1 Year of Coinbase as a mission focused company

#26
post #5

This man spends way too much time on Twitter and not enough time learning the rules and regulations of the industry the company he leads participates in.

My favorite thing is when he tweets his own ignorance of the regulations of his industry. https://twitter.com/brian_armstrong/status/14354392917153587...

Re: 1 Year of Coinbase as a mission focused company

#28
post #11

Earlier quoted context omitted.

Unless you're labor . Capital can speak up about whatever it wants (so long as it doesn't start sympathizing with labor, of course)

You're paid to do a job. Politics is for your personal time. We need to work on getting more personal time for people so people can focus on those passions instead of further blending work and personal life.

That’s actually an insightful comment. Of course if you do sports, eat and socialize at work so that the company can keep you there for 12 hours people have no other possible outlet for their political activism.

Re: 1 Year of Coinbase as a mission focused company

#29
post #12

> The biggest lesson I took away from the whole ordeal is that if you believe something is the right path, it's worth speaking up about it, even if it's controversial. Unless you work at Coinbase, right?

Why do people think work is an appropriate place for political activism?

Everything you do is implicitly political. To say you're non-political is just another political position itself - complicity with the status quo.

Re: 1 Year of Coinbase as a mission focused company

#30
post #9

> The biggest lesson I took away from the whole ordeal is that if you believe something is the right path, it's worth speaking up about it, even if it's controversial. Unless you work at Coinbase, right?

Yeah that made me laugh, too. Feels like the word “politics” is very effective when used to limit your employees: you have something you feel strongly about in the workplace? Fantastic! Oh, it’s “political” (and yes, I’ll be the one determining what qualifies)? Well then no bueno, sorry. We’re mission focused.

He's not being political, he's getting his company to focus.
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