201–210 of 533 posts
I think any company exploring ways to improve the financial system should be given plenty of space to do so, but I think the fundamental issue facing Coinbase, and all other crypto-based firms is: when will we see mainstream adoption of crypto as something other than asset speculation? Or, is speculation the only use-case for crypto? Sure we've had example use-cases for crypto as a value store and exchange medium, bu…
First I was thinking, "hey maybe the recent downturn in crypto will weed out the most obvious nonsense" But now I see #1 story on Coindesk "Shiba Inu-Themed BONK Tokens Are Yielding Nearly 1,000%" So I guess we are not there yet
Sorry a slight error in the title. Operating costs reduced by 25%, but it's actually roughly a 20% reduction in workforce (950 employees out of ~4700)
Anyone else notice that Coinbase changed its price trend in your assets from “beginning of time period to now” to “lowest point to now”? I haven’t been able to find a view that shows a downward trend since…
that is extremely toxic and misleading. how the fuck is that allowed?
Earlier quoted context omitted.
Both these points are unfair to junior developers. Suppose your first job out of college was in crypto? Yeah a mistake, but it shouldn't blacken your entire career, especially if you learned some non-crypto skills in the process. And if it's your first job you need something else in your resume to show you have some non-tech skills and responsibilities. Nothing wrong with cashier in McDonalds, it shows you can work i…
I can only speak for my own company. I recently (6 months ago) hired a junior web developer. He’s now a senior, and the highest paid engineer in the company. If you’re a junior developer, and you want to make good money at it, you no longer have hobbies or a life (don’t worry, you get them back when you get good). Instead, all your free time is now dedicated to hobby projects & studying. Of course, only a small % of…
You could do us all a service by telling us the name of your company so we (especially junior developers) could give it a very wide berth.
Earlier quoted context omitted.
What do you need help with?
Its ChatGPT getting screwed on their first crypto "investment" and struggling to make sense of it all.
I think any company exploring ways to improve the financial system should be given plenty of space to do so, but I think the fundamental issue facing Coinbase, and all other crypto-based firms is: when will we see mainstream adoption of crypto as something other than asset speculation? Or, is speculation the only use-case for crypto? Sure we've had example use-cases for crypto as a value store and exchange medium, bu…
Crypto has never had a real answer to that question. The opportunities of crypto are things like you owning your money instead of the bank, fast transaction speeds and anonymity - nobody but a tiny percentage of people give a crap about any of this. Certainly not enough to supplant the most prevalent piece of infrastructure in modern society, the fiat.
I try to keep my calm but it’s a stretch on these topics. There is nothing ethically superior about any financial manipulation. @sama just raised a multi-billion round on OpenAI. “Open” “AI”. Loopt sold to Greenpoint with thumbs on the scales from both pg and Conway, which is why he’s in a position to do that. Parsing the details about how wealthy people with the right parents extract wealth is an exercise in parsing…