Love that Armstrong did this at Coinbase. I want to work at work, not worry about the political opinions of my coworkers.
[deleted]
1 Year of Coinbase as a mission focused company
441–450 of 699 posts
Re: 1 Year of Coinbase as a mission focused company
#442Earlier quoted context omitted.
> What do you do in an apolitical workplace and you’re going to engage in controversial medical intervention to align your body with your believed gender? You just do it? In an apolitical workspace that isn't a political act, what you do in your free time is up to you. And if you change your legal name people should update how they call you. Nothing of that is political. If people make a fuzz they are dragging politi…
That’s what I don’t understand, because my understanding is that being conservative or progressive when it comes to trans people is no middle ground. Choosing to go with a trans persons new name and pronouns when they are early or mid transition is a political choice. There are laws passed explicitly around their bathrooms for example.
[deleted]
Re: 1 Year of Coinbase as a mission focused company
#443Earlier quoted context omitted.
What you are talking about is Microsoft in the Balmer years. No focus on delivery, no focus on perfection, churning out half assed products. See where it got them? Lost out on mobile, lost out on Cloud, Playstation is still a better gaming console, etc. Leaders inspire, letting things slide is bad for the culture of succcess.
From GP: > if you're in the right industry, you can be the worst manager on the planet and your company can still do okay. Has Coinbase ever had a culture of success, or were they just in cryptocurrency during the cryptocurrency explosion where everyone made money?
They're the most trusted cryptocurrency exchange in the US.
Re: 1 Year of Coinbase as a mission focused company
#444Love that Armstrong did this at Coinbase. I want to work at work, not worry about the political opinions of my coworkers.
It must be nice to have the privilege to not need to worry about the political opinions of your coworkers. I take it most people don't see your existence, as you are, as a political problem?
[deleted]
Re: 1 Year of Coinbase as a mission focused company
#445Love that Armstrong did this at Coinbase. I want to work at work, not worry about the political opinions of my coworkers.
It must be nice to have the privilege to not need to worry about the political opinions of your coworkers. I take it most people don't see your existence, as you are, as a political problem?
Do you imagine that marginalized people go around worrying about what the political opinions of their coworkers might be?
It sure isn't what I do. It sure isn't what my wife or her friends do.
Each of us has a lot of woke white colleagues who are super concerned about everyone's political opinions, though. Super concerned that we know they have good ones, super concerned that everyone thinks the same as they do.
A black woman at our institution took it upon herself to send a letter to her very white department explaining that their obsession with the hidden racism of "brown bag seminars" wasn't helping any actual black people.
It hasn't made our woke white colleagues any less exhausting, but I appreciated her speaking out.
Re: 1 Year of Coinbase as a mission focused company
#446Earlier quoted context omitted.
Given that the next few words were "...the right of Black people to not be killed randomly" I do not consider that being a zealot, but just a normal person.
That's because "the right of black people to not be killed randomly" is the motte, and supporting the movement Black Lives Matters and all that it stands for is the bailey https://en.wikipedia.org/wiki/Motte-and-bailey_fallacy . I'll add that people "randomly killing black people" are mostly killed by black people https://ucr.fbi.gov/crime-in-the-u.s/2018/crime-in-the-u.s.-... .
[deleted]
Re: 1 Year of Coinbase as a mission focused company
#447Earlier quoted context omitted.
It’s the energy. Energy usage means security. ArcticBull will argue it’s bad, I’ll argue it’s the best thing ever. Follow the energy. Why has it failed? Works fine for me and many others…
> Energy usage means security Umm.. No. "More energy = More security" is a slogan now being used to scam non-technical users to buy into the crypto ecosystem, but that does not make any sense if you are willing to think about for a second. Also very convenient that this slogan started getting popular when BTC started getting bad press for energy usage. BTW how you reach consensus on a chain is different from how the…
>BTW how you reach consensus on a chain is different from how the accounts in the chain are secured. Just because all BTC nodes are burning up electricity all the time does not mean that your accounts are more/less secure.
I think you're drawing an unnecessary line here. Attacking consensus is attacking the value stored in the accounts. Attacking consensus by using your own miners to pull off a double-spend can directly take value back out of accounts. Attacking consensus by doing a perpetual 51% attack can block people from using their accounts, decreasing the real monetary value of them.
Drawing the lines so that the "security" of a cryptocurrency only refers to the security of the public-key cryptography involved in it is useless. It ignores practically all of the important design considerations and attack vectors in the system. Public-key cryptography is just one component of a cryptocurrency.
Re: 1 Year of Coinbase as a mission focused company
#448Earlier quoted context omitted.
They are heartless. What's baffling is what they gain from being so firmly against basic displays of outreach and acceptance between humans and groups of humans.
This type of bookending is why Coinbase made this decision. What data do you have that indicates they are heartless?
Data? What are you, a machine?
I see a good, meaningful gesture. I see people attacking that gesture. I find that heartless.
Re: 1 Year of Coinbase as a mission focused company
#449Earlier quoted context omitted.
I don’t think a negative feedback cycle could exist that doesn’t introduce a huge vulnerability to a Nakamoto consensus. It is the pure externality of the metric (as opposed to chain balances or state) that makes it work in a trustless and censorship resistant way. How does one even decide a reasonable “limit” to hash rate. I want sufficient security such that when new power generation tech comes online it does not t…
Where we don't see eye to eye is I don't think we should unleash a grey-goo esque power virus onto the world. The obvious reason is we have one now, we're using 0.1% of all the earth's power, and generating as much e-waste as a entire country to write a few hundred bytes into a tiny database once in a while. Work that can easily be done on a single raspberry pi. L2+ don't offer the same guarantees as a L1, and once y…
We will probably be arguing as I build my dyson sphere. 0.1% is nothing. :-p
The goo scenario is inevitable, either build some kind of antigoo shield tech or be consumed. Complaining about the goo is irrelevant to the goo.
I very much disagree that was a moral high ground decision — it was an authoritarian move to crush opposition to its financial dystopia, the e-CNY, and prevent its people from escaping the all seeing eye.
Re: 1 Year of Coinbase as a mission focused company
#450Earlier quoted context omitted.
I don’t think a negative feedback cycle could exist that doesn’t introduce a huge vulnerability to a Nakamoto consensus. It is the pure externality of the metric (as opposed to chain balances or state) that makes it work in a trustless and censorship resistant way. How does one even decide a reasonable “limit” to hash rate. I want sufficient security such that when new power generation tech comes online it does not t…
Everything you say makes sense within the context of Bitcoin's proof-of-work paradigm, that there aren't any reasonable solutions to these problems within it (there's no good way to add negative feedback to lower the hashrate, there's no good way to calculate a better lower hashrate), but it misses that there are alternative paradigms like proof-of-stake that avoid the problem of too much energy use entirely. Once pr…
Sorry, Bitcoin will never be PoS. PoS doesn’t offer anything near the same security model, censorship resistance or decentralization. It is not a viable alternative for Bitcoin.