My thinking is all these virtual currencies will soon give us an opportunity to get in on the ground floor. :)
That’s what Offline Cash™ is for!
Just announced. That’s 1,100 people.
Coinbase’s stock is down 79% this year and 85% from the all-time high. … Coinbase reported a slump in users in its last quarter and a 27% decline in revenue from a year ago.
Menzo
3488
What in the world does Coinbase do that requires 5000 employees?
Every shitcoin on their exchange has a grifter-- I mean employee dedicated to it.
Actually they’re super efficient, they have over 10,000 “assets” listed on their site to trade! So 1 employee for every 2 scams-- I mean coins on their exchange.
according to their latest SEC filing, breaking down their expense structure it looks (+/- a few hundred) like about 2000 in R&D (software developers, qa, data center folks, tools, etc) about 1000 or so in Sales/Marketing, and 2000 in administrative positions (management, legal, hr, finance, real estate, customer support, etc).
Lol they ran this beauty during the NBA Finals last night
Good place to see layoff tracking:
What timing. Just posted yesterday asking what this is doing to his country, and here’s an article today.
He didn’t even manage to sell the bitcoin bond before it all went tits up.
On the plus side, this opens up a lot of synergies for the next Tropico game to have an associated TropiCoin and NFT market.
Curious if people are smart/active enough to vote him out of office for blowing all their money.
KevinC
3499
No! El Salvador needs to buy the dip, just think how rich they’ll be when Bitcoin goes to the moon.
DCA!
(On Reddit apparently dollar cost averaging is what you should be doing now as you keep investing!)
Guys! The band is still playing! Clearly there is no reason to get off the ship, get back on!
20k might be an interesting floor to break through.
BillG getting some kicks in
Gates joked that “expensive digital images of monkeys” would “improve the world immensely,” referring to the much-hyped Bored Ape Yacht Club NFT collection.
