Today I've made the difficult decision to reduce the size of Coinbase by ~14%

Re:Today I've made the difficult decision to reduce the size... by JeremyNT on Tuesday May 05, 2026 @04:53PM (#48028387)

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.

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Re:Today I've made the difficult decision to reduce the size... by hocuspocus on Tuesday May 05, 2026 @05:35PM (#48028912)

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.

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Re:Today I've made the difficult decision to reduce the size... by Auracle on Tuesday May 05, 2026 @08:43PM (#48030740)

Eh. Presumably there’s a ton more trading when the market is hot (and a somewhat lesser extent, when in a bi bear market).

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Re:Today I've made the difficult decision to reduce the size... by delis-thumbs-7e on Wednesday May 06, 2026 @01:34AM (#48032615)

Bi bears are not hot? I beg to disagree!

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Re:Today I've made the difficult decision to reduce the size... by l0gicpath on Tuesday May 05, 2026 @06:27PM (#48029582)

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.

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Re:Today I've made the difficult decision to reduce the size... by cheema33 on Tuesday May 05, 2026 @08:16PM (#48030545)

> 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.

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Re:Today I've made the difficult decision to reduce the size... by senordevnyc on Tuesday May 05, 2026 @08:30PM (#48030639)

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 :)

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Re:Today I've made the difficult decision to reduce the size... by mvkel on Wednesday May 06, 2026 @01:31AM (#48032592)

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.

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