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that list of cultural values is entirely "lol what do you mean hostile workplace environment?" id say that theyre going to be sued to hell, but its almost certain that their company is a monoculture of right wing white guys.
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Jun 15, 2022 18:39
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HappyHippo posted:you can get a lot of dumb people to give you money if you cast yourself as the right-wing version of something lol that, in this case, the exchange has chosen being a right-wing loser which is already saturated
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Jun 15, 2022 18:44
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Shame Boy posted:also I think it means they wont enforce any vaccine mandates or make people wear masks
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Jun 15, 2022 18:46
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ryde posted:that list of cultural values is entirely "lol what do you mean hostile workplace environment?" id say that theyre going to be sued to hell, but its almost certain that their company is a monoculture of right wing white guys. judging from the ceo's tweet thread, it's 3200 white guys and 20 people who he thinks are oversensitive about being called the n word
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Jun 15, 2022 18:47
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no what they mean is that they won't discriminate you for the giant swastika tattoo you got on your face
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Jun 15, 2022 18:48
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"hyper advanced google ai has informed me that we do not actually have bodies and therefore can not have bodily autonomy, so you see your honor, it couldn't have been rape"
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Jun 15, 2022 18:49
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All my blobs, red
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Jun 15, 2022 18:53
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The Glumslinger posted:I think it means they wont enforce any vaccine mandates or make people wear masks Yep. It's this plus "you can do all the drugs you want".
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Jun 15, 2022 18:53
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divabot has a good twitter thread speculating on which big exchange could be the first to collapse/rugpull. I suspect this bit is true, but I'm fascinated by why this might be the case: https://twitter.com/davidgerard/status/1537122763449704449 My speculation as to why Kraken might have more cushion and is less panicked than Coinbase: Kraken's not a public company, Coinbase is. Once Coinbase had their IPO and the founders/management handed the bag to a new set of investors, the goal became keeping the investors happy by goosing the share price upwards. The easiest way to do that is by promising explosive growth, and if you're telling folks that you're in the process of expanding rapidly, well then you have to hire new employees and spend on ads to do that, don't you? Kraken, on the other hand, has never had to satisfy the stock market, and could do what Coinbase should have done were it meant to be an unsexy-but-profitable business rather than a glorified investor scam: quietly make a steady profit by taking a cut of all the business on their casino floor, and not blow that profit on staffing up for insane promises of growth that will never come.
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Jun 15, 2022 18:54
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buy the dip!
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Jun 15, 2022 18:56
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Qwertycoatl posted:Here's the short version, from their CEO "Tons of amazingly talented people were looking for a seat on the next rocket ship, not realizing that crypto's more of a rollercoaster." he does realize that rollercoasters come to a stop at 0 altitude after the wild swings right
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Jun 15, 2022 18:57
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Someone just dumped a bunch of money into crypto and it's all slowly disappearing
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Jun 15, 2022 18:57
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The Glumslinger posted:I think it means they wont enforce any vaccine mandates or make people wear masks lol gently caress you're right it's definitely that
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Jun 15, 2022 18:59
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Blotto_Otter posted:Kraken, on the other hand, has never had to satisfy the stock market, and could do what Coinbase should have done were it meant to be an unsexy-but-profitable business rather than a glorified investor scam: quietly make a steady profit by taking a cut of all the business on their casino floor, and not blow that profit on staffing up for insane promises of growth that will never come. And also being Nazis, for some reason.
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Jun 15, 2022 18:59
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https://www.nytimes.com/2022/06/15/technology/kraken-crypto-culture.html Inside a Corporate Culture War Stoked by a Crypto C.E.O. Jesse Powell, who leads the crypto exchange Kraken, has challenged the use of preferred pronouns, debated who can use racial slurs and called American women “brainwashed.” Jesse Powell, a founder and chief executive of Kraken, one of the world’s largest cryptocurrency exchanges, recently asked his employees, “If you can identify as a sex, can you identify as a race or ethnicity?” He also questioned their use of preferred pronouns and led a discussion about “who can refer to another person as the N word.” And he told workers that questions about women’s intelligence and risk appetite compared with men were “not as settled as one might have initially thought.”
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Jun 15, 2022 19:00
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Jonny Nox posted:Someone just dumped a bunch of money into crypto and it's all slowly disappearing this is (un?)fortunately never not true
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Jun 15, 2022 19:00
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Malloc Voidstar posted:https://www.nytimes.com/2022/06/15/technology/kraken-crypto-culture.html aaand there it is folks, lol. hell, lmao
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Jun 15, 2022 19:01
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LanceHunter posted:Yep. It's this plus "you can do all the drugs you want". these are absolutely the kind of people who would say that then judge and discriminate based on which drugs you do, though
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Jun 15, 2022 19:02
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Zamujasa posted:buy the dip! I’m buying the dip! it’s spinach artichoke today!
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Jun 15, 2022 19:02
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Malloc Voidstar posted:And he told workers that questions about women’s intelligence and risk appetite compared with men were “not as settled as one might have initially thought.” i mean i agree, men are clearly far stupider
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Jun 15, 2022 19:03
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mrmcd posted:And also being Nazis, for some reason. I mean, if we posit that the Kraken guys actually understand what they're doing (skimming off of a scam-riddled, negative-sum economy with a business that's even more exploitative than a real casino), it follows that you'd have to be a real piece of poo poo to keep doing that and be able to sleep at night
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Jun 15, 2022 19:04
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Jonny Nox posted:Someone just dumped a bunch of money into crypto and it's all slowly disappearing It's back to where it was. lol. nevermind. lower.
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Jun 15, 2022 19:04
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Shame Boy posted:i mean i agree, men are clearly far stupider yeah he's providing a lot of evidence here but not in the direction he thinks
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Jun 15, 2022 19:04
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please, my line, it is very sick
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Jun 15, 2022 19:06
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Shame Boy posted:i mean i agree, men are clearly far stupider i mean, the reader is sort of lead to draw their own conclusions which is always dumb because quote:Jesse Powell, a founder and chief executive of Kraken, one of the world’s largest cryptocurrency exchanges, recently asked his employees, “If you can identify as a sex, can you identify as a race or ethnicity?” "The answer is that these are not mutually exclusive, and identification by sex is, in general terms, incorrect," he said. but of course none of these rhetoricals are actually answered that way
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Jun 15, 2022 19:08
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Jonny Nox posted:Someone just dumped a bunch of money into crypto and it's all slowly disappearing the best part about catching a falling knife is that even in a worst case scenario you walk away with a knife
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Jun 15, 2022 19:09
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Azathoth posted:the best part about catching a falling knife is that even in a worst case scenario you walk away with a knife not very far though
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Jun 15, 2022 19:10
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Beeftweeter posted:He also questioned their use of preferred pronouns and led a discussion about “who can refer to another person as the N word.” "Nobody should refer to another person with this term within this workspace," he said, "although what they do on their own time is sadly not for me to decide." then why did you bring it up buddy
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Jun 15, 2022 19:13
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like no matter how you try to argue your way out of it it always comes back around to https://www.youtube.com/watch?v=S4pSp3Km6Mw&t=33s
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Jun 15, 2022 19:15
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divabot posted:amy and i scribbled a quick guide to the crypto crash last night, and called Three Arrows Capital four hours before it went penis i love that you have teamed up on this, good stuff!
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Jun 15, 2022 19:17
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Boxturret posted:
This portends great things for my new project, WhyCantISayItTooCoin
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Jun 15, 2022 19:21
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So Matt Damon was the peak of the pump phase, orchestrated by financial institutions to bring in clueless money, and this is the dump phase. What happens to crypto after this? There's really nothing keeping banks from repeating the same pump, probably targeting a different demographic next time, like maybe clint eastwood, someone to bring in affluent boomers, especially conservative ones. Or maybe we'll get some real regulations now that capital has had their chance to shear the sheep. Without scams and ponzis there's very little actual value to the technology, the industry under regulation could become pretty small and stagnant. I wonder if non-true believers are ever going to trust crypto again after this massive crash, but then again conservative boomers are unsophisticated and easy to manipulate. I'll be on the lookout to see if and how crypto starts getting pushed in the right wing sphere.
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Jun 15, 2022 19:24
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Qwertycoatl posted:Here's the short version, from their CEO whole thread is a gem techbro CEOs explaining cultural issues using a network protocol metaphor https://twitter.com/jespow/status/1536978822809067520 "my white rear end knows these issues better than my employees, they just wont engage in HONEST RATIONAL DEBATE IN THE FREE MARKETPLACE OF IDEAS. also the solution to this problem is dictatorship" https://twitter.com/jespow/status/1536978828647538688 also lol complaining about an NDA breach for hostile work environment evidence
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Jun 15, 2022 19:29
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Thats a terrible profile pic on that CEO, same with that other guy shilling his own company a few pages back
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Jun 15, 2022 19:34
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you have to be open and humble, but none of the people complaining are as educated as me on these topics so i'm declaring my self dictator
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Jun 15, 2022 19:36
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https://twitter.com/jespow/status/1536978829708668928 don't you see, by asking how someone wants to be referred to you're the real racists
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Jun 15, 2022 19:37
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Magic Underwear posted:So Matt Damon was the peak of the pump phase, orchestrated by financial institutions to bring in clueless money, and this is the dump phase. What happens to crypto after this? There's really nothing keeping banks from repeating the same pump, probably targeting a different demographic next time, like maybe clint eastwood, someone to bring in affluent boomers, especially conservative ones. Or maybe we'll get some real regulations now that capital has had their chance to shear the sheep. Without scams and ponzis there's very little actual value to the technology, the industry under regulation could become pretty small and stagnant. the big banks already have everyone's money via retail credit, mortgages and the stock market. I think they'd rather sit back and be the sane alternative, maybe one of them will actually start paying interest even? what's fun is all the big businesses just now announcing their coin/nft intiatives as it's all falling apart because it takes them too long to do any project on a trend
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Jun 15, 2022 19:40
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https://twitter.com/jespow/status/1535416740368199681 look at this crazy honky
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Jun 15, 2022 19:41
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qirex posted:what's fun is all the big businesses just now announcing their coin/nft intiatives as it's all falling apart because it takes them too long to do any project on a trend megacorp product development cycles are hilarious
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Jun 15, 2022 19:41
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Gazpacho posted:https://twitter.com/jespow/status/1535416740368199681 he'd be better off just literally lighting stacks of cash on fire than this performative conservative bullshit
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Jun 15, 2022 19:43
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