Coinbase Announces Employee Departures Amid Political Speech Policy

Cryptocurrency exchange Coinbase has made a mark in the industry for bucking against several trends when other companies toe the line. However, its recent direction concerning employees and political speech could harm its recruitments in the future.

Capping Political Speech from Employees 

Earlier this week, Coinbase announced that it would restrict its employees from making statements on social and political issues both nationally and worldwide.

The exchange had explained that it wanted its employees to avoid social and political “distractions,” instead of focusing on the mission to build an open and inclusive financial system for everyone across the world. Chief executive Brian Armstrong explained that the company understands the possible disagreement that some employees might have, and they’ve made provisions for people who believe that they can’t continue with the policy.

Armstrong has now confirmed that about sixty employees had informed the company of their intention to leave. That number

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The View From Here: COVID can’t kill the political speech

I had been afraid that COVID would kill the political speech, an institution already weakened with some chronic underlying conditions.

For decades now, political ads have become the main messaging vehicle for candidates running for statewide or national office, making fundraising a candidate’s most important job, not the ability to move and inspire a crowd.

And televised debates have supplanted the stump speech as the spectacle that grabs voters’ attention in the final stretch of the campaign when they are making up their minds. But memorized one-minute responses on crowded stages are no substitute for a sustained argument. Candidates get points in a debate for delivering a devastating zinger, but there’s never really enough time to articulate a policy goal – let alone a strategy to achieve it.

Until this year, party conventions were one of the last places where a well-written and well-delivered address really mattered. But I worried

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