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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

#41

Post by joshuamorton »

fshbbdssbbgdd wrote: post #6

I think the reality is that Coinbase is so obviously a rocketship that the CEO could say anything and they’d have no trouble with recruitment or retention. Existing employees have stock grants worth millions, and new employees are getting great offers. The people who will take these jobs are generally going to be bullish on crypto. If you expect crypto to become a bigger piece of the economy in the future, it would b…

COIN has lost 25% since IPO (in that time, GOOG, FB, MSFT, AAPL, HOOD are up, PP is even, and SQ is down marginally), and their offers aren't particularly better than , so it doesn't seem like this is true.

Like, even if you think crypto is going to be super relevant, there's tons of other cryto startups. Coinbase has or had first mover advantage, but that's no longer an enormous advantage.

Re: 1 Year of Coinbase as a mission focused company

#42

Post by woodruffw »

rglover wrote: post #20
ohazi wrote: 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)

I'm going to take a wild guess and say if you work at Coinbase—voluntarily—you're extremely well paid. You're the farthest thing from a victim. Just because you can't raise your fist and scream at your coworkers doesn't mean you're oppressed.

This is the kind of parallel argumentation that tech workers (and their managers) make against unionization ("you're too well paid to need a union").

It misses the point -- they don't need to be "oppressed" to be justified in talking about politics at work, the same way they don't need to be underpaid to be justified in unionizing. Each is a perfectly sufficient end in itself.

Re: 1 Year of Coinbase as a mission focused company

#43

Post by randomhodler84 »

arcticbull wrote: post #19
randomhodler84 wrote: post #15

Earlier quoted context omitted.

The mission is off track. He should stop listing garbage and stick to Bitcoin. Crap like that shiba inu token are absolute scams, like most EVM tokens. They do nothing, add nothing, and trading them on chain just enriches the miners, or off chain, the exchange. Say what you like about dogecoin, at least it’s a long standing L1 blockchain with developers and history/transactions.

They're all basically the same. All the arguments you have against anything not-bitcoin apply to bitcoin except bitcoin is older and way more power intensive. Doge is a better currency for a lot of reasons. Also its funny. List one, may as well list 'em all.

They aren’t the same. I’m not knocking dogecoin — it’s a real Nakamoto blockchain, a real working product. I’d rather folks bought BTC but hey, any software fork of Satoshi client is better than the scamfactory enabled by Eth.

Re: 1 Year of Coinbase as a mission focused company

#44

Post by emsy »

gorwell wrote: post #32

Every company that continues to let itself get embroiled in Twitter's Political Topic of the Week is at such a distinct disadvantage it will ultimately fail. It's inevitable if you extrapolate. They won't survive the evolutionary process and will get selected out, only earning themselves a Darwin Award. Imagine a rowing team where half the team rows in one direction and the other half rows another direction. They nev…

At least they would be rowing, but political activism is not work. Imagine going to the barber and instead of cutting your hair he would lecture you on the hardship of Guatemalan shepherds.

Re: 1 Year of Coinbase as a mission focused company

#45

Post by malermeister »

rglover wrote: post #30
afavour wrote: post #9

Earlier quoted context omitted.

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.

Focus on "the mission", which is itself an ancap political project.

Re: 1 Year of Coinbase as a mission focused company

#46

Post by [deleted] »

emsy wrote: post #12
justinsaccount wrote: post #3

> 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?

[deleted]

Re: 1 Year of Coinbase as a mission focused company

#47

Post by [deleted] »

emsy wrote: post #12
justinsaccount wrote: post #3

> 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?

[deleted]

Re: 1 Year of Coinbase as a mission focused company

#48

Post by amznthrwaway »

gorwell wrote: post #32

Every company that continues to let itself get embroiled in Twitter's Political Topic of the Week is at such a distinct disadvantage it will ultimately fail. It's inevitable if you extrapolate. They won't survive the evolutionary process and will get selected out, only earning themselves a Darwin Award. Imagine a rowing team where half the team rows in one direction and the other half rows another direction. They nev…

Brian is just a guy who has thin skin, and needs to be surrounded by yes-men.

This need for constant adulation is so strong that he did a big thread on Twitter whining that billionaires might stop being CEOs because it’s “not fun” to be criticized by the media.

He’s not going for alignment on things that matter. He’s just a thin-skinned, whiny, weak little bitch who needs to be surrounded by yes men.

Re: 1 Year of Coinbase as a mission focused company

#50

Post by MisterBastahrd »

ianbutler wrote: post #17
ohazi wrote: 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.

Work time ceases to be work time when your hours on the job take up more than a quarter of the time in a calendar day, and that's probably the maximum upper limit, in honesty. As societies we have structured our adult lives around a window from 9 to 5 in which we are supposed to work and also interface with every other adult that works.

It's an untenable situation at best.

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