Earlier quoted context omitted.
1% of global energy consumption is hardly a rounding error. I'm massively excited for the potential of cryptocurrency, but there's a reason ETH is moving to PoS, and newer PoW projects aren't getting the same kind of traction.
What do you consider the potential of cryptocurrency to be? Specifically, which of those potentials excites you?
1 Year of Coinbase as a mission focused company
541–550 of 699 posts
Re: 1 Year of Coinbase as a mission focused company
#542I 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…
Coinbase has an rsu policy where you are not granted some number of shares each year but rather some dollar amount. So if my offer letter says I get $50k worth of rsus each year, and then Coinbase’s stock increases 10x, i’m still just going to receive 50k
This should be explained in any offer letter.
Re: 1 Year of Coinbase as a mission focused company
#543Earlier quoted context omitted.
but that's thing...what is "social activism" here? I don't think having a single tweet or post from your company's account saying "happy Pride month, we love our LGBTQ+ Coinbasers" is activism really....it's just like, a nice thing to do. No one is saying Coinbase or any company should pay their employees to go make phone calls for Bernie Sanders' campaign on the clock. It seems like people are inventing some kind of…
I don't know, more people celebrate Christmas compared to Pride month, but saying "Merry Christmas" can be seen as controversial. It's hard to imagine that "happy Pride month" is completly neutral.
On the other hand, people don't greet me with "happy pride" during June, but they do greet me with "merry Christmas" during December, so perhaps there's a false equivalency there too.
Re: 1 Year of Coinbase as a mission focused company
#544Earlier quoted context omitted.
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
#545Earlier quoted context omitted.
The reason it’s absurd in Europe is because Europe is a very “left” leaning region (its more that America is just so wildly conservative and in the pockets of capitalists). Many European countries do not have a political party that is even as right leaning as the Democratic Party within the USA. A lot of the stuff in Europe is just a given whereas in the US, almost nothing is a given. Even the leftists in the US are…
> The reason it’s absurd in Europe is because Europe is a very “left” leaning region (its more that America is just so wildly conservative and in the pockets of capitalists). Many European countries do not have a political party that is even as right leaning as the Democratic Party within the USA. Europe isn't "left" leaning at all. Most of Europe is culturally conservative. It's just like unlike the USA, Europeans b…
So... you're kinda missing the point. Here in the USA - people are like, "ya, they can die for all I care. I ain't paying for their healthcare, they can die!" But over in Europe? Ain't happenin' - people aren't trying to take away those rights as much as they are in the USA.
Again - in the USA - race and the privileges you take for granted in the EU end up being intertwined within the USA because they're correlated and feed off one another. You don't get the nice privileges in the USA because you're not the right race, sex, religion, background, etc. (cause those privileges are associated with your employer! And employers like to discriminate!) So maybe you can see why people get upset when the only places that might give them those privileges start acting poorly towards them - and everyone is like, "you oughta just be thankful we took you off the streets! We can send ya back and you can go die and rot!" It's a different ball game here. The social impacts have very tangible real world results for survival & well being in this country.
Re: 1 Year of Coinbase as a mission focused company
#546Earlier quoted context omitted.
> The problem starts when they are 1) forced to do So is the apolitical thing that a co worker can choose not to call a trans person by their new name and pronouns and the trans person can’t demand it?
There is no law that makes people call other people by their given names too. Or law that makes people call priests "father". I don't understand how that can be so hard to fathom. You should not legislate kindness.
Actually this would likely fall under some form of workplace harassment issue, and the company would have a duty to stop the harassment. ("Offensive conduct may include, but is not limited to, offensive jokes, slurs, epithets or name calling, physical assaults or threats, intimidation, ridicule or mockery, insults or put-downs", and it's kind of hard to imagine how calling someone a name that isn't theirs isn't a form of mockery or name calling.)
Re: 1 Year of Coinbase as a mission focused company
#547Earlier quoted context omitted.
> 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) This isn't what is debated here. What is debated is whether Coinbase should display a Black Lives Matter flag on its website and whether employees sho…
The reason it’s absurd in Europe is because Europe is a very “left” leaning region (its more that America is just so wildly conservative and in the pockets of capitalists). Many European countries do not have a political party that is even as right leaning as the Democratic Party within the USA. A lot of the stuff in Europe is just a given whereas in the US, almost nothing is a given. Even the leftists in the US are…
Re: 1 Year of Coinbase as a mission focused company
#548Earlier quoted context omitted.
If a trans person walked into my office their existence would be a political problem, because none of my coworkers or company leadership accept the legitimacy of trans identity. It isn't that the person's physical safety is in danger (necessarily), but merely being present makes them the subject of politics. And those politics are generally hostile. I have a trans friend who was qualified for an open position, and I…
Frankly, none of what you said is relevant to my point. What I have a problem with is the immediate reversion to the most caustic framing possible of a person who disagrees with you. > If a trans person walked into my office their existence would be a political problem Maybe my problem with this is a semantic one, since I’m a student of language, but describing it in this way is legitimately insane to me. Insane in t…
I can't say that I know how every person means the things they say, but "my existence is political" is a relatively common statement, and I have never understood it to strictly mean that "I am alive subject to political whims." Every time I've encountered it the person saying it described how the mere act of being somewhere was enough to get people unhappy with them or to make someone else feel threatened. That regardless of what they did they were treated like a threat.
Re: 1 Year of Coinbase as a mission focused company
#549Earlier quoted context omitted.
When I go for a walk with a friend, is that political? When I play a puzzle game on my computer? When I read The Hitchhiker's Guide to the Galaxy? When I cook dinner? I suggest that there is much activity in life that is not political.
I think it's pretty clear that when people say "everything is political" the "everything" is scoped specifically to scenarios where there is a decision to make and people disagree on how to make that decision. When someone says something like "meat is political" I don't think they mean that the physical substance on the dinner plate has this property, but rather that there are decisions to make that directly involve…
If we all agreed on what was not political then no one would need to argue that "everything is political" in the first place, so if you want to have any interesting discussion at all then you need to actually say something about where the boundary is between political and non-political. Because it's that boundary that's contentious and might actually lead to some insight when discussed freely.
The statement "meat is political" is a different case, because it is specific. It doesn't rely on an implicit clause that hides the actual concept of interest.
Re: 1 Year of Coinbase as a mission focused company
#550I 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…
On the other hand, I, a fairly good Engineer, would favor Coinbase over many other tech companies precisely because their CEO had the courage to say what every other CEO is thinking, that is that a company is a place where money is exchanged for labour not a venue for promoting one's political agenda, no matter how righteous that agenda might feel.