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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

#51
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.

> You're paid to do a job. Politics is for your personal time.

It's remarkable how easily we've forgotten that the very concept of "personal time" took decades of sustained political effort at the workplace.

Re: 1 Year of Coinbase as a mission focused company

#52
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.

In the same light, I'm also not paid to believe in some ludicrous "mission". That's something for my personal time in GTA. Unless I have genuine equity, in which I stand to gain from the company's overall success. In that case though, I should also have some level of say in what I can talk about at work.

Re: 1 Year of Coinbase as a mission focused company

#53

it's so ironic to me that he prides himself over the "no politics" policy, yet calls his company "mission-focused". the mission is cryptocurrency, which is very political.

It's not ironic. It's literally the point of why he's calling it "mission-focused" and not "apolitical." If the almost all members of the NAACP happened to be pro-crypto, do you it's reasonable for it's members to pressure its leadership to spread the adoption of crypto?

Re: 1 Year of Coinbase as a mission focused company

#54
post #37

The amount of frothing vitriol in this thread makes it clear that Armstrong made the correct choice. Public discourse in the Bay Area has become completely toxic.

Not only that, but you can see why places like Twitter need 4 years to change a font. It looks like tech in general is undermined by highly unprofessional people and this whole thread is a testament to that.

Re: 1 Year of Coinbase as a mission focused company

#55
Brian Armstrong was on Tyler Cowen and Tyler asked him if bitcoin was a zero sum game, in a round about way:

    COWEN: I’ve seen estimates that about 20 percent of bitcoin has been lost, or people don’t have their passwords, or it’s somehow abandoned or whatever. Let’s say that 20 percent were found. Those people would be better off, right? They’d have more wealth. Who is then worse off?

    ARMSTRONG: Yes, I suppose you have dilution, and you have inflation if you’re increasing the money supply somehow like that.

    COWEN: Then if we ask the general question that the social value of bitcoin — bitcoin in general — again, clearly a benefit to the people who bought at low prices. They in essence found bitcoin. But if someone else in the system is losing an equal amount, why think that the social value of bitcoin is positive?

    ARMSTRONG: Who’s losing the equivalent amount in this case, just so I understand?

    COWEN: I don’t know exactly who, but someone else has less purchasing power, right? Bitcoin isn’t apples. You can’t eat it for lunch.

    ARMSTRONG: It’s not clear to me that bitcoin is a zero-sum game.

    COWEN: But what is that? When do I get my apples, so to speak? Where do they come from?

    ARMSTRONG: Well, anybody can participate of course. I think, now, about probably 10 percent of Americans and maybe 60 or 70 million people globally have crypto, at least. So it’s been growing a lot.
Brian didn't seem to understand the question and it left me a bit unimpressed.

https://conversationswithtyler.com/episodes/brian-armstrong/

Re: 1 Year of Coinbase as a mission focused company

#56
I wrote this in an email turning down a chance explore opportunities at Coinbase.

> To me, diversity and social justice are critically important. I have the luxury of being selective in where I put my time and energy and it is important those values align with my career. I appreciate aspects of being "mission focused" but I think that there is a gulf between my personal values and Coinbase's values such that I would not be comfortable in the environment.

I can't speak for anyone else but I think I'm not a terrible engineer and I definitely ruled them completely out of the realm of places I'd be willing to work.

Re: 1 Year of Coinbase as a mission focused company

#58

it's so ironic to me that he prides himself over the "no politics" policy, yet calls his company "mission-focused". the mission is cryptocurrency, which is very political.

"No politics" (that don't match mine, that is).

indeed. akin to "data driven"

Re: 1 Year of Coinbase as a mission focused company

#59
post #12

Earlier quoted context omitted.

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.

Without food, you can’t survive, therefore everything is implicitly about food.

This line of thought is absurd. Words have definitions and boundaries for a reason.

Re: 1 Year of Coinbase as a mission focused company

#60
post #20
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.

Just because you're part of what is called "Labor aristocracy" in Marxist discourse doesn't mean you can't recognize the exploitation inherent to the system.

You don't need to be on the losing side of an unjust system to recognize the system as unjust.

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