• favoredponcho@lemmy.zip
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    2 days ago

    The guy is such an asshole. I’d never apply to work there. He had a policy where he personally needs to approve of every single person hired there. He’s a micromanager, Elon wannabe douche. I have some crypto with Coinbase, but I will never add more to it. Eventually, some day I’ll pull it out. The problem is other companies in crypto are also run by raging assholes — Kraken for instance was founded by a total dickhead.

    • rafoix@lemmy.zip
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      1 day ago

      Crypto is full of scammers that are not allowed to trade securities because of criminal activities.

    • HereIAm@lemmy.world
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      1 day ago

      Do they give you some sort of return or interest for having cryptosystem with them? If not why not just store it in your own wallet. I thought the whole point of crypto currencies was to decentralise it.

      • favoredponcho@lemmy.zip
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        1 day ago

        The guy was under FBI investigation until the Trump admin dropped the case, but also…

        From Wikipedia:

        In 2019, Powell suggested that parenting was a distraction to being productive and critiqued the economic viability of parental leaves; he went on to question whether choosing to not abide by relevant governmental regulations was a risk worth taking.[40] In June 2022, Powell urged employees in a work meeting to reject the usage of preferred gender pronouns; he then opened a Slack channel to debate whether people should be allowed to choose their gender but not their race or ethnicity.[7] The next day, Kraken released a “culture document” which outlined the libertarian values that it asserted were to be obeyed at work.[7] Among other things, employees were prohibited from labelling others’ comments as “toxic, hateful, racist”, etc., and particular emphasis was assigned on how “offensiveness” was not forbidden.[7] Powell and his fellow executives encouraged employees who disagreed with the policy to quit, and offered four months’ severance for those who opted to do so.

        https://en.m.wikipedia.org/wiki/Kraken_(cryptocurrency_exchange)