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I think it's pretty clear that one's moral duty to oppose racism far outweighs one's fiduciary duty to investors.

• roenxi 6y ago
  Everyone at Coinbase opposes racism. They just disagree with noisy activists about how.
  • jasonhansel 6y ago
    > Everyone at Coinbase opposes racism. That is clearly false, given the evidence collected by the Times, which shows an extensive pattern of racist conduct.
    • 0xy 6y ago
      Do you think 11 instances in a company of 1,394 employees shows an "extensive pattern"? We also don't know how many of those were even accurate or corroborated.
      • joshuamorton 6y ago
        When it's 50% of the black employees, yeah. When discussing issues in crosstabs, you can't use the overall number as the denominator. That's bad statistics.
        • 0xy 6y ago
          Why are black employees the only PoCs that matter? Are you suggesting 100% of the non-black employees aren't marginalized? To get a complete view, surely you need data from Asians, Indians and other minorities.
          • joshuamorton 6y ago
            I am suggesting that even if no other employees are marginalized, the marginalization of black employees is an issue that needs to be addressed.
            • 0xy 6y ago
              Why did you say that 11 employees of a single race reveal a "extensive pattern" of racism then? This seems to imply other POCs don't matter.
              • joshuamorton 6y ago
                Because an extensive pattern of racism against Black employees is still an extensive pattern of racism. Being an exceptional employer to Asian or White or Middle Eastern employees does not excuse an extensive pattern of racism against Black employees, and vice versa. Like, I'm not sure how to clarify this further. Being racist against only a specific race or races is very much still racism (sort of by the definition, isn't it).
                • 0xy 6y ago
                  I don't think it's extensive because of the very low sample size, the fact we don't know about each instance and none of it has been corroborated. I'm also uneasy about letting black people speak for other POCs on this issue. In my experience, racists tend to be racist towards multiple or all other races rather than a single one -- hence why you dismissing other POCs views on it doesn't make sense to me. Less than 1% is not "extensive" by anyone's metric, either.
                  • joshuamorton 6y ago
                    At the risk of repeating myself, it's not 1%. It's 50%. I don't see back people speaking for other poc. I see black people speaking about their own experiences, and you discounting those experiences because they may not be shared by other poc. It also seems strange to me that you believe racism is always cross-cultural. The causes of anti-black, anti-middle eastern, and anti-asian discrimination by americans are all different, why do you assume they'd be the same. Things get even more complicated when you add other cultures to the mix. You presumably don't discount caste discrimination against one caste because the others didn't experience it, so why presume that someone who is prejudiced against black people must also be prejudiced against asians? While there is racism against asian people in tech in the bay, it's usually model minority related things, or language based (or there are other kinds but less common in a workplace context). Less about being unqualified, and more about being different. It wouldn't at all surprise me if the multiracial leadership team of coinbase set the culture such that certain forms of prejudice (that affect the leadership) were not allowed, while certain forms of prejudice (that perhaps the leadership shares, or perhaps they are simply ambivalent about) can fester.
    • tetrometal 6y ago
      The NYT has long been complicit in promoting the divisive and racist woke/CRT cult. I can't imagine either side of this genuinely believes they are an impartial party.