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A comment on Coinbase is rescinding already-accepted job offers. Parent comment

Re:Coinbase is rescinding already-accepted job offers by brokencode on Saturday June 04, 2022 @12:38PM (#31622428)
The stock market goes up because the world economy goes up, allowing companies to make more profit. Someday that might stop, but it’s been going strong since the industrial revolution.

Cryptocurrencies don’t have that kind of track record. They also provide dubious value to society at best currently.

[ Parent | on HN ]
Re:Coinbase is rescinding already-accepted job offers by bobthepanda on Saturday June 04, 2022 @12:42PM (#31622483)
Also this is true of the American stock market, where companies

* represent a broad swathe of the diverse American economy and more or less correlate with it as a whole

* have to issue regular, public, audited statements about their balance sheets

Crypto is none of those things.

[ Parent | on HN ]