<story><title>Coinbase is rescinding already-accepted job offers</title><url>https://www.sfgate.com/bayarea/article/Coinbase-rescinds-accepted-job-offers-17217989.php</url></story><parent_chain><item><author>codegeek</author><text>I honestly don&amp;#x27;t get the point of Coinbase. Isn&amp;#x27;t it a centralized system to manage what is supposed to be decentralized and that kinda defeats the purpose? I may be dumb.</text></item><item><author>carlivar</author><text>Coinbase tried to recruit me last summer. I politely told the recruiter that I felt it was all bubble speculation mania. Also the amount of equity sold by the CFO at the public listing indicated little confidence in the long term prospects.&lt;p&gt;I guess I was right? Not trying to brag or anything. Just a tip to everyone job hunting I guess. Watch what executives do (not what they say). Well, and human history of speculative bubbles.&lt;p&gt;I didn&amp;#x27;t think it was a coincidence Coinbase did a direct listing rather than an IPO, since an IPO has a waiting period for insiders to sell. I think insiders knew they had a limited window of cheap money froth.</text></item></parent_chain><comment><author>ralston3</author><text>You are indeed not dumb. Coinbase is a bit of an oxymoron. If decentralized value exchange takes off, that will surely be the end of Coinbase. To a degree, Coinbase&amp;#x27;s demise is baked into crypto&amp;#x27;s success - which is kinda funny to think about. Coinbase has always seemed like a bit of a money grab, and crypto veterans sort&amp;#x27;ve treat it this way.</text></comment>
<story><title>Coinbase is rescinding already-accepted job offers</title><url>https://www.sfgate.com/bayarea/article/Coinbase-rescinds-accepted-job-offers-17217989.php</url></story><parent_chain><item><author>codegeek</author><text>I honestly don&amp;#x27;t get the point of Coinbase. Isn&amp;#x27;t it a centralized system to manage what is supposed to be decentralized and that kinda defeats the purpose? I may be dumb.</text></item><item><author>carlivar</author><text>Coinbase tried to recruit me last summer. I politely told the recruiter that I felt it was all bubble speculation mania. Also the amount of equity sold by the CFO at the public listing indicated little confidence in the long term prospects.&lt;p&gt;I guess I was right? Not trying to brag or anything. Just a tip to everyone job hunting I guess. Watch what executives do (not what they say). Well, and human history of speculative bubbles.&lt;p&gt;I didn&amp;#x27;t think it was a coincidence Coinbase did a direct listing rather than an IPO, since an IPO has a waiting period for insiders to sell. I think insiders knew they had a limited window of cheap money froth.</text></item></parent_chain><comment><author>solveit</author><text>Email is a decentralized protocol and the fact that you use a centralized provider such as gmail only somewhat defeats the purpose of email being a decentralized protocol instead of Google Messenger.</text></comment>