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Two weeks the same CEO campaigned against Apple's App Store policies on Twitter, and totally made it out to be a moral issue when it benefitted him. https://mo
by kats 6y ago
Two weeks the same CEO campaigned against Apple's App Store policies on Twitter, and totally made it out to be a moral issue when it benefitted him.
https://mobile.twitter.com/brian_armstrong/status/1304490208457494528 https://mobile.twitter.com/brian_armstrong/status/1304490208...
"There are many unbanked and underbanked people in the world who have no ability to get a loan to buy a home, or start a business, so this kind of technology has enormous potential to improve the world over time, even if it is still early days."
"I greatly admire Apple as a company, and think they build amazing products, but their restrictions on the app store, in particular around cryptocurrency, are not defensible in my view, and they are holding back progress in the world."
The way that Coinbase puts pressure on Apple is the same as what Coinbase's politically-active employees are doing.
- x3n0ph3n3 6y agoWell, it's also core to Coinbase's mission statement. Brian rightfully wants to keep Coinbase focused only on political issues that are part of the company mission.
- tkel 6y agoLook at the race of the people who are unbanked, and tell me then that it isn't relevant
- matthewdgreen 6y agoThe degree to which you are taken seriously when you announce that a thing should happen because you care that “it will make the world better” is tightly related to your credibility as a person who cares about making the world better. When you announce that the only causes you support are those that directly enrich you, you’ll find that people are more skeptical of that claim. Agree or disagree, but it’s why PR has existed for decades (centuries.)
- siculars 6y agoHe was kind of very up front about being solely focused on economic freedom. Coinbase’s mission is to create an open financial system for the world. This means we want to use cryptocurrency to bring economic freedom to people all over the world. This is squarely in line in trying to push Apple to be more amenable on this issue.
- pm90 6y agoI don't think the OP is arguing the merits of the argument. The OP is pointing out the hypocrisy in the founder using political tactics to pressure another entity into complying with his principles, while prohibiting his employees from doing the same. Disguising the latter under a "no politics at work" principle seems hypocritical when the founder himself is engaging in politics at work.
- mjburgess 6y agoIt isnt hypocrisy. Employees are not prohibited from working and campaigning on the company mission.
- throw_m239339 6y ago> Two weeks the same CEO campaigned against Apple's App Store policies on Twitter, and totally made it out to be a moral issue when it benefitted him. Yes, because he is the CEO of HIS company, with an app on IOS. Not just an employee and he never asked his staff to agree with his position and tweet about it. At coinbase right now, some people want HIM to talk about "Black Live Matters". It's like employees in IT in US don't understand the concept of subordination and think that a company is a college campus... or maybe the problem is that too many companies thought they should be like college campuses, and not a business.