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The optics on "servers are down due to a massive spike in volume" are much better than "Coinbase had another round of layoffs today..." Currently they are sign
by wonderwonder 9y ago
The optics on "servers are down due to a massive spike in volume" are much better than "Coinbase had another round of layoffs today..."
Currently they are signing people up at a dramatic rate despite their server issues. If they start laying people off because they spun up to fast they could start a panic that would kill them.
They have to weigh all of this in when deciding on an infrastructure spend.
I would also like to think from a purely personal level that they don't want to hire and fire people like that as these are real people with real families involved.