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Let's be honest, this is a crypto exchange. "Line go up" is the only philosophy these people adhere to. > Also, I find it really bizarre that those neo feudal

Let's be honest, this is a crypto exchange. "Line go up" is the only philosophy these people adhere to. > Also, I find it really bizarre that those neo feudal lords see their companies as just a life stock to count. They don't even count people, just see them as numbers to reduce/scale up. Modern tsardom, but instead of being tied via official decree you're now tied by your lifestyle and family. People don't work somewhere like Coinbase if they're concerned about morality or mitigating the harms done to society.

hocuspocus 5mo ago
Even better, as an exchange, they don't even necessarily care whether the line goes up, down, sideways, or in fucking circles to quote the Wolf of Wall Street. As long as it goes somewhere, and customers are charged fees.
- Auracle 5mo ago
  Eh. Presumably there’s a ton more trading when the market is hot (and a somewhat lesser extent, when in a bi bear market).
  - delis-thumbs-7e 5mo ago
    Bi bears are not hot? I beg to disagree!
l0gicpath 5mo ago
I fail to see how this is specific to a crypto company. You’re drawing a correlation that’s not backed up by any empirical evidence. The GP post describes a common problem in _most_ workplaces in the market today. It’s not specific to crypto, AI, or anything in between.
- cheema33 5mo ago
  > I fail to see how this is specific to a crypto company. It is not specific to a crypto company. But the element of it being a crypto company cannot be ignored. Crypto companies are not like ordinary businesses. They have very unique qualities to them. Same with crypto industry as a whole. Ever been to a crypto conference for example? I have read about and have seen the videos. These things have the highest concentration of the scammers and the gullible any one place.
  - senordevnyc 5mo ago
    Ever been to a crypto conference for example? I have read about and have seen the videos. Actually, it sounds like you’re the one who hasn’t been to a crypto conference :)
    - deleted 5mo ago
      [deleted]
mvkel 5mo ago
Ironically, if they adopted a Wall St boiler room culture instead of masquerading as an innovative tech company they'd probably be doing a lot better.

hocuspocus 5mo ago

Even better, as an exchange, they don't even necessarily care whether the line goes up, down, sideways, or in fucking circles to quote the Wolf of Wall Street. As long as it goes somewhere, and customers are charged fees.

Auracle 5mo ago
Eh. Presumably there’s a ton more trading when the market is hot (and a somewhat lesser extent, when in a bi bear market).
- delis-thumbs-7e 5mo ago
  Bi bears are not hot? I beg to disagree!

l0gicpath 5mo ago

I fail to see how this is specific to a crypto company. You’re drawing a correlation that’s not backed up by any empirical evidence. The GP post describes a common problem in _most_ workplaces in the market today. It’s not specific to crypto, AI, or anything in between.

cheema33 5mo ago
> I fail to see how this is specific to a crypto company. It is not specific to a crypto company. But the element of it being a crypto company cannot be ignored. Crypto companies are not like ordinary businesses. They have very unique qualities to them. Same with crypto industry as a whole. Ever been to a crypto conference for example? I have read about and have seen the videos. These things have the highest concentration of the scammers and the gullible any one place.
- senordevnyc 5mo ago
  Ever been to a crypto conference for example? I have read about and have seen the videos. Actually, it sounds like you’re the one who hasn’t been to a crypto conference :)
  - deleted 5mo ago
    [deleted]

mvkel 5mo ago

Ironically, if they adopted a Wall St boiler room culture instead of masquerading as an innovative tech company they'd probably be doing a lot better.