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Coinbase targets financially vulnerable young adults

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Re: Coinbase targets financially vulnerable young adults

#41

Earlier quoted context omitted.

The publication seems biased to a certain political persuasion.

being biased against racism and authoritarianism is good

What executive orders has Trump signed that are racist or authoritarian?

Please list the EO numbers and explain your rational of how you arrived there using the text in the EO, rather than some highfalutin opinion written by an activist.

I keep hearing this, but nobody can seemingly answer such a simple question. I can only conclude they are blatant liars and propagandists.

Re: Coinbase targets financially vulnerable young adults

#42
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…

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.

This needs to be said more, people have always fallen for these false platitudes from bosses, government and so on. Only recently has this "placation culture" really moved to companies and for whatever reason it seems our blind spot for this today is much worse than a decade ago

Re: Coinbase targets financially vulnerable young adults

#43

These ads really are deeply cynical. "The whole system is fucked, but if you're lucky, you can win enough of other people's money on the crypto lottery that you'll be able to escape it"

Crypto is not zero sum since new value is created.

Yes, FTX knows a lot about value creation from thin air.

Re: Coinbase targets financially vulnerable young adults

#44

Earlier quoted context omitted.

You're getting downvoted, but your post is partially correct. You missed the best part though. Charlie Lee sold all of his tokens at the top and then told everyone he sold the top, causing the top to not be so top any more. https://www.cnbc.com/2017/12/20/litecoin-founder-charlie-lee...

Really was one of the best heists he ever pulled off in broad daylight. Probably should have left Coinbase in handcuffs, but I digress.

Best part... he keeps pumping it on X... the grift never ends.

Re: Coinbase targets financially vulnerable young adults

#45

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, deindustrializin…

> and hedge against inflation is not one of them BTC lost value through the great inflation and is only gaining value today now that inflation is down to 3%. Sounds like a pretty bad hedge against inflation. People need to stop repeating this lie. EDIT: If people need an inflation hedge, buy i-bonds first, and then TIPS after you max out. These are indexed against CPI, so the more inflation happens the more i-bonds/T…

RemindMe! 5 years

Re: Coinbase targets financially vulnerable young adults

#46

These ads really are deeply cynical. "The whole system is fucked, but if you're lucky, you can win enough of other people's money on the crypto lottery that you'll be able to escape it"

Crypto is not zero sum since new value is created.

and destroyed ..

Re: Coinbase targets financially vulnerable young adults

#48
post #21

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.

I think you should spell out your implication.

Re: Coinbase targets financially vulnerable young adults

#49

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.

> When the chatgpt of crypto comes around, it will sweep the world.

You mean when a consumer facing product that actually has value is launched?

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