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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

#141
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.

I'm always so delighted that when someone says something stupid, and people say that it's stupid, there's precisely this response somewhere in the comments. It's just so (chef's kiss) perfect and wonderful.

Re: 1 Year of Coinbase as a mission focused company

#142
post #71

Just want to say how ridiculous this is from a European perspective. I know nothing better than for any company to be mission focused. You go to work to do work. And you do so with a degree of neutrality, as you can't pick your colleagues, yet still need to cooperate with them. This doesn't mean you can't say anything at all, it means you shouldn't be overly divisive or confrontational. A company isn't your personal…

As a European living and working in the US: your comparison is very shortsighted. European countries literally have no legal concept of at-will employment. They have strong social nets that make quitting your job much easier, and more prevalent unions that fight to improve working conditions (all of these things are, gasp, political! incidentally) By comparison employment in the US is messed up enough that if you lea…

I think we're mixing up different political topics here.

The one I think you're talking about is the US workers' struggle to defend or increase basic worker rights. Which indeed is a political struggle of workers versus management.

If I'm not mistaken, the Coinbase case is about social justice types of topics like feminism, BLM, trans rights, colonialism, the like.

Re: 1 Year of Coinbase as a mission focused company

#143

Earlier quoted context omitted.

> Focus on what, exactly? Focus on building a successful profitable company. Surely you just pretend to not know this?

> Focus on building a successful profitable company. Through what means, exactly? We're not talking about a candy company here. This is a company that explicitly includes political messaging in both their mission and in their choice of means (i.e., cryptocurrency) towards that mission. Why the double standard?

They have chosen a specific mission. The point is to focus on said mission, not N missions. If you want to work on a different mission, work at a different company.

Why do people find this so hard to understand?

Re: 1 Year of Coinbase as a mission focused company

#144

Earlier quoted context omitted.

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

The status quo is not necessarily a bad thing, for instance if you have a lot of activist coworkers who want to "burn the system to the ground," then I, for one, become a huge supporter of the status quo. One must remember that things can always get worse. Just because there exist concrete problems in society does not mean that you, or activist coworkers get to assume that you're/they're automatically right nor that…

Brian Armstrong has literally said he has a plan for Bitcoin to surpass the dollar as a reserve currency within the next decade [1]. That, to me, is an activist who wants to “burn the system to the ground”.

[1] https://www.ibtimes.co.uk/coinbase-ceo-bitcoin-surpass-dolla...

Re: 1 Year of Coinbase as a mission focused company

#145
post #61

> How could something be so negative in the press, but turn out to be incredibly positive with every stakeholder. The question of our era! Certainly "every" is misapplied in his quote, but his core message of overwhelming private positivity in light of negative press is worth pondering.

Yes. All of the "private" correspondence he's received, which of course he cannot share, has been overwhelmingly positive. Indeed.

Re: 1 Year of Coinbase as a mission focused company

#146
> we're operating in an environment of virtue signaling and fear of speaking up.

Well, which is it? Are people speaking up too much (virtue signalling), or not enough (fear of speaking up)? Perhaps the people speaking up aren't saying what you want to hear, and you imagine a hidden majority of people who agree with you that you can convince yourself you are right, through a "invisible argument of authority" towards these abstract people who you know exist but don't speak up out of fear, but surely agree with you and outnumber the other voices.

I find the usage of the term "virtue signalling" a bit disappointing. Yes, there are a subset of opportunists who are dishonestly using social platforms for their own gain - but such people are in such a minority that pretending they should dominate the conversation is throwing the baby out with the bath water.

People are trying to organize to make society better, more inclusive, right the systematic wrongs of the past, and build a better future. Dismissing the majority of these people with a dismissive term like "virtue signalling" is not only being insensitive, it's callous and belittling.

The first thing you should realize is that the "virtue signalling" happening is due to voices being oppressed and voices not being heard for too long. There are uncomfortable conversations that need to happen and these voices should be heard.

It's all good and fair that you decided those conversations should not happen in the context of your company and to make the judgement as a leader that it serves only as a distraction, but to use a callous term like "virtue signalling" in the context of these conversations shows the true character of the person conveying this message - and personally, that is not a leader I would want to follow along with any mission.

Re: 1 Year of Coinbase as a mission focused company

#147
post #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…

This is the outcome he wanted, so it sounds like everybody wins here.

Re: 1 Year of Coinbase as a mission focused company

#148
post #119
post #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 to be mean, but I'd say that Brian Armstrong took the actions he did to weed out people like you from working at Coinbase.

"People like [the OP]" are in my experience consistently better at what they do than the sort of folks which Coinbase is now apparently soliciting.

Re: 1 Year of Coinbase as a mission focused company

#149

Earlier quoted context omitted.

> Focus on building a successful profitable company. Through what means, exactly? We're not talking about a candy company here. This is a company that explicitly includes political messaging in both their mission and in their choice of means (i.e., cryptocurrency) towards that mission. Why the double standard?

They have chosen a specific mission. The point is to focus on said mission, not N missions. If you want to work on a different mission, work at a different company. Why do people find this so hard to understand?

Nobody is saying that they have to focus on N missions.

The only claim is that their mission is a political one, and not even for the trivial reason of "everything is political."

Re: 1 Year of Coinbase as a mission focused company

#150
post #12

Earlier quoted context omitted.

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

Because liberal arts higher education has been completely usurped by Postmodernism and Marxism, and it indoctrinates students with the belief that everything everywhere is politics, always. This mentality has infected "liberal" intellectualism outside the academy, to the point where it is, essentially, the "culture" of much of the Left in the U.S.

Define what you believe Marxism to be. It isn’t a buzz word for anything to the left of Reagan.

And everything is politics. A political system could decide to outlaw computers and the internet. How would your SaaS business survive then?

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