3 ms·
Most crypto companies are fully remote ("decentralized"). Kraken is an example of a major exchange that has been remote for many years. If you are interested i
by seibelj 6y ago
Most crypto companies are fully remote ("decentralized"). Kraken is an example of a major exchange that has been remote for many years.
If you are interested in free-thinking, open-minded workplaces solving very interesting problems, go to coingecko.com and scan down the lists of major coins and exchanges. There is an enormous need for engineers and the pay is very high for remote work.
In terms of startups, basically every engineer I know who stuck with crypto through the post-2017 bear market made a huge amount of money as their tokens appreciated. One benefit of working in crypto is you are liquid very quickly - you might get equity, but you almost always get tokens.
Regardless of what the HN know-it-all crypto-haters say, in 2021 you are far more likely to make appreciable wealth in crypto as an individual contributor than you will in your average SaaS (excluding founders and high-level management).
Of course, I think the problems being solved in decentralized platforms are extremely interesting compared to adtech or whatever AI-nonsense. But even barring the extremely interesting work, the renumeration, ethos, and company structure are very amenable to software engineers.
- dogecoinbase 6y agoAh yes, Kraken: https://www.reuters.com/world/us/us-court-authorizes-irs-seek-identities-taxpayers-who-have-used-cryptocurrency-2021-05-05/ https://www.reuters.com/world/us/us-court-authorizes-irs-see... I would suggest that engineers looking to make huge amounts of money think carefully about potential liability and whether they'd like to be able to keep living in whatever country they're looking to work remotely from.
- seibelj 6y agoNot sure I follow. This also happened to Coinbase https://www.businessinsider.com/irs-hunting-anonymous-coinbase-traders-who-made-100-million-kraken-2021-4 https://www.businessinsider.com/irs-hunting-anonymous-coinba... And Circle https://www.coindesk.com/irs-circle-coinbase-repeat https://www.coindesk.com/irs-circle-coinbase-repeat
- tacosaretasty 6y ago“Citizens of a particular country who make money are required to pay taxes. News at 11” Really though are you implying that these employees are all unscrupulously avoiding taxes and trying to use remote work and cryptocurrency to relive their tax burden? Maybe some people enjoy the space as it’s bleeding edge, fully remote supported and well funded.
- jobigoud 6y agoTitle of linked article "U.S. court authorizes IRS to seek identities of taxpayers who have used cryptocurrency". This is puzzling. The IRS didn't have that right before? It seems obvious. Any large transfer from any external entity to your bank triggers money laundering flag here in France and I have to declare and give my Kraken (and other exchanges) user ID to the local IRS.
- vmception 6y agoThis is very accurate, I know a lot of people that are dreaming of their future “remote” or “digital nomad” life and they keep looking for companies and job boards that explicitly offer that And I’m confused by that and continually tell them that basically all “tech” companies and especially crypto companies already do what they are looking for and just don’t have messaging like that