621–630 of 699 posts
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Something that I don't think is widely appreciated enough is that Coinbase Ventures holds chunks of many of these startups.
Any specifics I should check out?
Some major ones aren't included such as CoinSwitch Kuber which Coinbase Ventures recently co-led a $260M round.
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> Coinbase should be involved in the the political discourse surrounding crypto (and other finance-related) legislation. They should not be involved in the discourse surrounding a woman's right to abortion (just an example). I don't agree with this, but to be clear: you're arguing for something very different than Armstrong is. Armstrong is saying that Coinbase isn't besmirched by any politics, which is patently fals…
> It wasn't acceptable in 1961 for lunch counters to "not be involved" in desegregation, because "not being involved" is tantamount to support for segregation in a segregated society. There's actually no point in time where the opinions of the actual proprietors of lunch counters mattered either way. The Jim Crow laws legally mandated segregation until the Civil Rights Act legally prohibited it. The lack of personal…
I’m sorry, but what do you think provided the political impetus for the Civil Rights Act? It was years of concerted protesting and civil disobedience, one form of which was sit-ins at lunch counters.
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"literally nothing" is your opinion.
It's a fact at the macro level. Individual speculators may profit but there's no benefit to the species. They don't even work as currencies because the transaction costs are so high.
The 'costs' of proof of work are indeed high though. The amount of energy consumed for one bitcoin transaction to happen is astounding. My point above is that there are numerous alternatives (which in my opinion are poised to topple bitcoin), which don't have these costs.
I disagree with 'no benefit to the species' (even bitcoin has many benefits). But the costs of bitcoin are also high, and the benefits can come without those costs.
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> It wasn't acceptable in 1961 for lunch counters to "not be involved" in desegregation, because "not being involved" is tantamount to support for segregation in a segregated society. There's actually no point in time where the opinions of the actual proprietors of lunch counters mattered either way. The Jim Crow laws legally mandated segregation until the Civil Rights Act legally prohibited it. The lack of personal…
> There's actually no point in time where the opinions of the actual proprietors of lunch counters mattered either way. The Jim Crow laws legally mandated segregation until the Civil Rights Act legally prohibited it. I’m sorry, but what do you think provided the political impetus for the Civil Rights Act? It was years of concerted protesting and civil disobedience, one form of which was sit-ins at lunch counters.
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> It wasn't acceptable in 1961 for lunch counters to "not be involved" in desegregation, because "not being involved" is tantamount to support for segregation in a segregated society. There's actually no point in time where the opinions of the actual proprietors of lunch counters mattered either way. The Jim Crow laws legally mandated segregation until the Civil Rights Act legally prohibited it. The lack of personal…
> There's actually no point in time where the opinions of the actual proprietors of lunch counters mattered either way. The Jim Crow laws legally mandated segregation until the Civil Rights Act legally prohibited it. I’m sorry, but what do you think provided the political impetus for the Civil Rights Act? It was years of concerted protesting and civil disobedience, one form of which was sit-ins at lunch counters.
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It's a fact at the macro level. Individual speculators may profit but there's no benefit to the species. They don't even work as currencies because the transaction costs are so high.
There are cryptocurrencies where transaction fees (I'm assuming that's what you meant by 'costs') are actually very low, if not zero (see Nano). The 'costs' of proof of work are indeed high though. The amount of energy consumed for one bitcoin transaction to happen is astounding. My point above is that there are numerous alternatives (which in my opinion are poised to topple bitcoin), which don't have these costs. I…
The government, tax, justice systems and regulatory bodies are made out of people, you can't fool them with some "haha it's not USD" technicality like a sovereign citizen. It's all the same at the end except for a bunch of wasted energy.
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Saying you're a mission focused company and this being somehow controversial is ridiculous. Every company should be mission focused. As his post demonstrates, it turns out to not be controversial at all. A handful of people left and after a few weeks the Twitter mob stops. Then you're left with reasonable people to do the job, which is the point of any company.
> A handful of people left They lost close to half of their engineering team, significant percentages of their operations teams, and many senior leaders.
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Why does a workplace get to determine what is and isn’t medically elective for a woman to take birth control? Isn’t that political too?
I'm not arguing about politics, I'm putting in question the whole idea of making voluntary (not sure if that's the correct term - definitely not elective as I was corrected above) medical procedures available through insurance . Insurance is meant for unpredictable and unforeseen exceptional events. Wanting to have beauty surgery, or contraception, or lasik surgery, etc. isn't such. You could still argue that these s…
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There are cryptocurrencies where transaction fees (I'm assuming that's what you meant by 'costs') are actually very low, if not zero (see Nano). The 'costs' of proof of work are indeed high though. The amount of energy consumed for one bitcoin transaction to happen is astounding. My point above is that there are numerous alternatives (which in my opinion are poised to topple bitcoin), which don't have these costs. I…
The benefits are unrealized fanatasies about freedom from government that will never, ever happen. The government, tax, justice systems and regulatory bodies are made out of people, you can't fool them with some "haha it's not USD" technicality like a sovereign citizen. It's all the same at the end except for a bunch of wasted energy.
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Hard disagree. Sometimes being apolitical is just a desire to not get involved and has nothing to do with supporting status quo.
Not getting involved always means at least tacitly supporting the status quo. To think otherwise is just an expression of privilege. There is no being apolitical.