I've always found it ironic how companies like Coinbase are indirectly contributing to their own destruction with every passing transaction that's not purely based around Bitcoin. This is of course: assuming that Bitcoin gets as big as a lot of people think it will. If it does: their increased focus on centralization and traditional fintech services (which is completely incompatible with the philosophy behind Bitcoin) is like shorting the entire currency on a long position, and will eventually be unsustainable. But I guess if they're right: all they're doing is profiting from the hype. If we look at what Bitcoin actually is, companies like Coinbase couldn't be further apart from what they're actually selling (philosophy, economics, and technologically) so I consider them nothing more than a bunch of hypocrites.
I wonder what it's like working for a company that's so obviously full of shit? How would you reconcile the obvious contradictions in what you're doing every day? I guess it would be kind of like working at the ministry of truth and then getting paid directly in lies.
I wonder what it's like working for a company that's so obviously full of shit? How would you reconcile the obvious contradictions in what you're doing every day? I guess it would be kind of like working at the ministry of truth and then getting paid directly in lies.