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by SpicyLemonZest 2085 days ago
Coinbase didn't say "no politics" or "we support the status quo". They just said that the company is focused on cryptocurrency, and won't engage in political causes other than supporting cryptocurrency.
2 comments

As someone else pointed out, they seem to have no problem in donating to political candidates as a corporation so this is the height of hypocrisy. Individual employees don't get to have a say in the direction of the company's politics.
I don't see the hypocrisy. Like I said, the company's been quite open about the fact that they will continue to engage in cryptocurrency-related politics.
Cryptocurrency is an explicitly political cause.
Bob grows chickens and Alice grows corn. They trade via barter. We'd probably agree this isn't political in any meaningful sense.

One day, Alice has a clever idea: she can create a digital representation of money. Both Alice and Bob agree to accept these "tokens" in lieu of barter.

Big mistake. CarelessExpert announces to Alice and Bob that their creation obligates them to join in bitter arguments about abortion, climate change, and LGBT rights.

So do you normally spend a lot of your time online standing up straw men and knocking them down? Or is today a special case?

My point, since apparently I need to clarify it, is that Coinbase claiming to have an "apolitical" workplace while a) operating in a business that's driven by libertarian and anarchist philosophy and b) spending time and money lobbying politicians in Washington in support of said values is, at best demonstrative of a total lack of self-awareness, and at worst represents rank hypocrisy.

I tend to suspect it's the latter.

You are the one with the strawman. The company never claimed to be apolitical. In fact they explicitly state they are.
If the Coinbase guys were lobbying for "libertarian and anarchist philosophy," broadly construed, you'd have a point. But they're not. They're pushing for narrow financial regulation. There's no principled reason to think they're doing this in furtherance of their personal politics, as opposed to, say, making their customers' lives easier.

As such, I don't see the hypocrisy. Now, I'd be more inclined to agree if the "politics ban" covered activism around crypto policy issues. But of course, then management's position is very easy to see. They hired developers to implement their vision, not to fight it.