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Coinbase targets financially vulnerable young adults

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Re: Coinbase targets financially vulnerable young adults

#21

Post by vore »

TheBlight wrote: post #12
vore wrote: post #9

Earlier quoted context omitted.

One Black employee, cited in the report, said that “her manager suggested in front of colleagues that she was dealing drugs and carrying a gun.” Another Black employee said that a co-worker “broadly described Black employees as less capable” during a recruiting meeting. The company told employees that the story painted "an inaccurate picture.” Is it really a concern troll political hit-piece, though? These seem like…

Consider the title of another recent article from the same publication: "10 alarming things Trump has promised to do in a second term"

I think you should spell out your implication.

Re: Coinbase targets financially vulnerable young adults

#22

Post by TheBlight »

vore wrote: post #21
TheBlight wrote: post #12

Earlier quoted context omitted.

Consider the title of another recent article from the same publication: "10 alarming things Trump has promised to do in a second term"

I think you should spell out your implication.

The publication seems biased to a certain political persuasion.

Re: Coinbase targets financially vulnerable young adults

#23

Post by exoverito »

Of all the antagonisms for young adults, I would say an easy method to buy cryptocurrency and hedge against inflation is not one of them. The much more significant antagonist for financially vulnerable young adults is the Federal Reserve and its inflationary monetary policy that has priced many out of ever owning a home. Furthermore, the elite's industrial policy of offshoring manufacturing to China, deindustrializing the West, and high energy prices has done much more harm to the middle and working class than the volatility of crypto.

Re: Coinbase targets financially vulnerable young adults

#25

Post by ryandrake »

vore wrote: post #9
TheBlight wrote: post #7

>But there are questions about Coinbase's commitment to racial justice. Concern troll political hit-piece.

One Black employee, cited in the report, said that “her manager suggested in front of colleagues that she was dealing drugs and carrying a gun.” Another Black employee said that a co-worker “broadly described Black employees as less capable” during a recruiting meeting. The company told employees that the story painted "an inaccurate picture.” Is it really a concern troll political hit-piece, though? These seem like…

I think they're different. A company can crack down on bigotry and discrimination without proclaiming a "commitment to racial justice". Just like a company can have a raging racism problem while publicly talking about their "commitment to racial justice." One is about legal compliance and action, and the other is words.

Re: Coinbase targets financially vulnerable young adults

#26

Post by hyggetrold »

snide wrote: post #14

I can't wait to sing my region's corporate anthem before sporting events just like Rollerball[1] foretold. [1] Rollerball is kind of a hidden dystopian film. More people should watch it.

They could have been taking a swipe at IBM who already had this: https://www.ibm.com/ibm/history/exhibits/music/music_IA1.htm...

Lift up our proud and loyal voices, Sing out in accents strong and true, With hearts and hands to you devoted, And inspiration ever new; Your ties of friendship cannot sever, Your glory time will never stem, We will toast a name that lives forever, Hail to the I.B.M.

Our voices swell in admiration; Of T. J. Watson proudly sing; He'll ever be our inspiration, To him our voices loudly ring; The I.B.M. will sing the praises, Of him who brought us world acclaim, As the volume of our chorus raises, Hail to his honored name.

Re: Coinbase targets financially vulnerable young adults

#27

Post by jankyxenon »

moron123 wrote: post #13

Coinbase may not be the best representative of crypto, but the philosophy and technology still has a lot of potential. All it takes is one more breakthrough. We saw it with AI. When the chatgpt of crypto comes around, it will sweep the world.

I don't really know what the LLM of cryptocurrency would mean. With AI the goalposts are very easy to understand. What is a better crypto?

Are we waiting for, some novel computational model? If its use-cases, cryptocurrency is more than a decade old. You'd think that someone would have figured it out by now.

Re: Coinbase targets financially vulnerable young adults

#29

Post by kneel »

Bitcoin is highly volatile yet safe in the long term. Dollars are stable and lose value over time.

What are young people to do with their money? Real estate has a high cost of entry. Retirement accounts tie up their money until late age with rules that may change. Pensions are a thing of the past.

Crypto for all its flaws is soaring, less boomer, and allows for ownership of wealth.

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