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A follow up to Coinbase being a mission focused company

blog.coinbase.com

381–390 of 774 posts

Re: A follow up to Coinbase being a mission focused company

#381

Let me guess that you are referring to “reverse racism” here

Why use a special term? Just "racism" works very well. The idea that only certain races can "qualify" for racism is Orwellian.

Not to mention confusing. The "reverse" of "racism" would certainly be "equality", so why should "reverse racism" mean "more racism"? This is pretty elementary logic--something can't be its own opposite.

Re: A follow up to Coinbase being a mission focused company

#382

For reference, the severance package was 4 months of salary for employees with =3 years of tenure at Coinbase. The severance also included 6 months of health insurance. (Source: https://www.coindesk.com/coinbase-severance-apolitical-missi... ) What percentage of employees at Coinbase are actively interviewing for other jobs at any given time? 5%? If someone has one foot out the door already, taking a bonus equivalent…

Yeah it's weird so few took it up given how low median tenure in tech tends to be.

Re: A follow up to Coinbase being a mission focused company

#383

Let me guess that you are referring to “reverse racism” here

US labor law doesn't actually use the word "racism", it's "racial discrimination" that's illegal in the workplace, which neatly avoids any argument about the definition of "racism".

Re: A follow up to Coinbase being a mission focused company

#384
post #188

Earlier quoted context omitted.

I see it the other way around. (Almost) everything is political. The mission of the company is not disjoint from the society it is embedded in. Things have become divisive by being able to ignore and blend out the opposing views. By not talking and listening to one another. This is just one more step in that direction. Funnily enough, I think it has been extrapolated by Neal Stephenson in Diamond Age. We will end up…

> (Almost) everything is political. Only in a world where words have no meaning.

What meaning are you using then? Even the most basic dictionary definition of "politics" is something like "all the activities involved in determining the policies and actions of an organization or government."

Re: A follow up to Coinbase being a mission focused company

#385

Earlier quoted context omitted.

If everything is political, then nothing is.

"Everything is political" is literally the working definition of totalitarianism.

Certainly not, because the question of whether a government ought to be involved in some interaction is, clearly, a political question, and asking that question is clearly not equivalent to saying that the government ought to be involved in all interactions.

Re: A follow up to Coinbase being a mission focused company

#386

Earlier quoted context omitted.

Why use a special term? Just "racism" works very well. The idea that only certain races can "qualify" for racism is Orwellian.

Not to mention confusing. The "reverse" of "racism" would certainly be "equality", so why should "reverse racism" mean "more racism"? This is pretty elementary logic--something can't be its own opposite.

Everything else aside, the term makes sense.

It’s not the reverse of racism. It’s racism in the reverse direction than the more “traditional” one.

Re: A follow up to Coinbase being a mission focused company

#387

Earlier quoted context omitted.

This assumes all roles at the company are equally able to exit the company in the midst of a global pandemic and find opportune work with the same growth opportunities, salary, and locality.

Who knows if official numbers are kept for our industry, but I haven't noticed a decrease in the pace of hiring. Bitcoin isn't hurting, either.

I was recently laid off in tech and I flipped the "I'm looking for work" switch on linkedin and got literally dozens of messages from recruiters every day. I ultimately got a job that paid 10% better than my previous job, and I rushed the decision because I had only a small fraction of the severance that coinbase employees are receiving. Even with the "looking for work" switch toggled off, I get several messages from recruiters every day. No doubt our industry is affected by COVID, but there's no shortage of high-paying work.

Re: A follow up to Coinbase being a mission focused company

#388

I am beyond sick of political activists in the workplace, so I hope this trend catches on.

Agreed. I think there are only two options for a company: 1) don't allow any activism in the company 2) allow ALL types of activism in the company Right now, it seems most companies only allow liberal activism but not conservative activism. This is a recipe for problems because it's arbitrary and not democratic.

Most conservative activism is just...wrong

Re: A follow up to Coinbase being a mission focused company

#389
post #96

Earlier quoted context omitted.

Alternatively, if you see a resume with Coinbase through 2020-2021, that person probably prefers the opposite, which may also be seen in a positive or negative light, depending on your stance.

It signals that a person did not want to be politically active at their workplace enough to lose/quit their job. I think that says nothing of a persons political views and is just self-preservation or even indifference. Hiring would have to make some very tenuous assumptions to consider that a signal.

It's probably not a great signal for anything. How many Coinbase employees leave the company in an average month? And how much did this severance offer cause would-be future departures to cluster in October to take advantage of the payout?

Re: A follow up to Coinbase being a mission focused company

#390

Earlier quoted context omitted.

No, it is not. Politics apathy is present across all races, all classes, all genders. Those who are politically possessed like to claim that “everything is politics” and that “it’s a privilege to not care about politics”, but every Hispanic and Filipino immigrant I’ve known (which is not a negligible number) care about family, hard work, and stability: not politics.

How does one ensure "stability" without getting involved in politics?

One way might be to stigmatize or ban discussion of politics.
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