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Refer to sidebar, "Socialjerking or politics". Banned.

Subway’s mission statement is “to delight every customer so that they want to tell their friends – with great value through fresh, delicious, made-to-order sandwiches, and an exceptional experience.“. This is difficult and important work, and every employee at Subway signed up because they are excited about this mission.

“I’ve worked on Wall Street, I’ve worked in government, and as an entrepreneur. With cryptocurrency, we’re doing something totally new that could change the world. That sets us apart, not just from other financial services companies, but from almost any other organization.“

Outjerked

I like them and I fully support their choice to not be political at this time.

“economic freedom” from CRYPTOCURRENCY LMAO

The best part is where they offered people $100K to quit and the journalists were shocked when 5% of the company took that deal.

Coinbase Pro is still the easiest BTC dashboard

Good for them. It's about time a company posted something like this.

ahh yes the toxic social activism of acknowledging employees come from diverse backgrounds, bring diverse skillsets, and require more than money for motivation. do what your boss says even when it makes zero sense and hurts the company in the long run or get rekt.

This cause has been embraced by the culture warriors (including on /r/buttcoin ... jesus that post is a trash fire) but, of course, the reasons are internal:

1. Coinbase bought Neutrino, run by the guys who used to be Hacker Team - a bunch of fash sympathisers who did work for dictators, tracking down dissidents and journalists. HOLY SHIT did the bitcoin true believers go off at that one - bitcoiners are right-wing, but they're very libertarian.
2. Coinbase joined Facebook's Libra nonsense and the same bitcoin true believers expressed concerns about Facebook's abuse of privacy as a business model.
3. In June, Brian Armstrong - the CEO who wrote this - refused to say "black lives matter". Absolutely refused. To the point a pile of vital staff were going to leave. His tweets on the subject read like he has a gun to his head.
4. The company slack is a wasteland of chuds and dog-whistles in the contrabass range. You can picture what a welcoming environment this makes in San Francisco.
5. Armstrong's made a redundancy offer for employees who disagree with The Mission (of number go up) - but Coinbase is also having some difficulties with supplies of filthy fiat, and is also beholden to VCs, who I am told have advised that Coinbase extend their runway by cutting staff in this manner.

the only mission is number go up, and the only politics are number might go down. Also Brian is still pissy at people answering back to him last year and this year.

To elaborate a bit on what steveeq said: they'll sit there and talk like they care in an effort to make money. If they thought that saying BLM sucked would make them more money, they would do it.

To provide another example, my dad used to manage large metropolitan and resort hotels for Marriott, Hyatt, Wyndham, etc. during the 80s, 90s, and early 00s. He said that they all were like "help us fight global warming (the popular term back then) by rehanging your towels to let us know that we don't need to change them" when the reality was that it helped them save a ton of money on chemicals, labor, and linens which was the main reason they did it.

Take it to /r/buttcoin

Sorry but there’s been a fair bit of toeing the line lately wrt to relevancy

Overall, a magnificent trash fire:

1. The CEO seems to have always been open about designing his company around the Heritage Foundation's definition of "economic freedom", which openly penalizes countries for taxing and spending, regulating businesses, etc.
2. In particular, the map of countries by economic freedom in the linked post is an earlier version of the Heritage Foundation's map
3. I present this video in which the CEO unironically presents brainwallets as a solution to government coercion
4. Orange site discussion
5. Coinbase is now offering a severance package to anyone who won't accept the new regime

coinbase has played many political games to manipulate bitcoin in the past. it is also a custodial wallet so you don't really own your money with them. they could be hacked and you would lose everything. maybe good for beginners in bitcoin but not for serious people, as a wallet.

Wish more companies did this. I currently work for a company that loves to put articles on the employee portal about diversity and how much they care.

Meanwhile, I was in a car accident involving some idiot hitting my car with a warrant out for his arrest. It was a company vehicle and my company insures that company. I put in a claim and have had to call them EVERY SINGLE TIME to get more information. They haven't reached out once. The company is hiding behind the statement that "they can't prove that it was stolen". Not sure how, since he was pulled over and they had the guy's license, but that's what they keep saying.

Since they, surprise surprise, can't get a hold of the guy who hit me, they can't say for sure that he stole the vehicle. The only other reasonable explanation is that he either had access to the truck as an employee, or an employee let him use it in which case you'd still think they'd be responsible.

Bottom line is this, they're not doing the right thing, they don't care, they care more about $4k than they do about an employee despite making over $2 billion last year. There are other claims by people he hit while being chased by the police and I guarantee they likely have worse situations than me.

Submission statement: the CEO of Coinbase has made a blog post where he promises to build an efficient and valuable company rather than to engage in political activism. In his words, Coinbase is putting its own mission first, and fostering unity of purpose rather than political division. I found this really interesting and relevant to the IntellectualDarkWeb sub.

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This may start a trend. I'm sure the internal reaction was VIOLENT. He of course followed up by then offering severance (4-6 months, and can not lapse your options!!!), no hard feelings, to anyone who wasn't on board.

I have heard the Google and to a lesser extent FB exec teams think it's a real pain to deal with all the internal activism. They really struggle to keep people focused.

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This modern "stakeholder relationship" view of how companies should work really adds conflicting priorities and reduces focus to mission and business results. It causes a lot of distraction, a lot more in fighting, a lot more suspicion of co-workers... and one would expect, less effective companies. Have heard of some companies where leadership spends more time diffusing activist memes and employee grievances than they do managing the business.

Submission statement: JBP often talks about fixing yourself before trying to fix the world. I think this post by the CEO of a major company exemplifies that - he pledges to focus on providing a good service to his customers rather than peddling political agendas.

they have such a good track record /s

you see, the all-consuming focus on profit above all moral and humanitarian considerations has no political components whatsoever. i am very smart

Delete Coinbase.

Chud says chuddy thing.

Same shit was said about doing business with aprtheid era south africa.

Companies finally catching on to “get woke, go broke”.

It’s virtue signaling. Coinbase could give a damn about Bitcoin’s future as a decentralized store of value.