TrendsWide
Contact US
  • Home
  • Trending
  • Health
  • Life Style
  • NBA
  • Reviews
No Result
View All Result
TrendsWide
  • Home
  • Trending
  • Health
  • Life Style
  • NBA
  • Reviews
No Result
View All Result
TrendsWide
No Result
View All Result
Home Cryptocurrency

Ripple CEO rejects Brian Armstrong’s apolitical stance

by souhaib
October 26, 2020
in Cryptocurrency
0
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter
ADVERTISEMENT


You might also like

6 Fantastic Uses Of Cryptocurrency

Where to Buy ETH Online?

Identifying a Suitable Platform from Biggest Cryptocurrency Exchanges

  • Ripple CEO, Brad Garlinghouse, recently spoke against Coinbase’s new ‘apolitical culture.’
  • Coinbase basically forbids its employees to bring political discussions to the workplace.
  • Garlinghouse argues that tech firms have an obligation to help solve societal issues and set examples.

Recently, the CEO of Coinbase, Brian Armstrong, announced that the company is bringing a new rule, which will bring a major culture change at Coinbase exchange. Employees at the US’ largest exchange are no longer allowed to discuss politics while at work. The move was quickly criticized by the community, and soon enough, major names in the crypto world joined the criticism.

Cardano’s Charles Hoskinson was among those who disagreed with it, and so was Twitter’s Jack Dorsey. Now, Ripple CEO, Brad Garlinghouse, rejected Coinbase’s apolitical stance, as well.


Are you looking for fast-news, hot-tips and market analysis?

Sign-up for the Invezz newsletter, today.

Garlinghouse publicly opposes Armstrong

According to Armstrong, the crypto exchange will not debate causes or political candidates, or really engage with any issue that is not in some way tied with the core mission of Coinbase. He called it an apolitical culture that is ‘laser focused’ on making profits and advancing crypto.

As mentioned, Garlinghouse stood against this, noting that Silicon Valley has an obligation to help solve societal issues. He stressed that tech firms’ job is more than to simply enable an internet of value. Their goal should also be to bring positive outcomes for society itself.

As the number of those disagreeing with Coinbase continues to rise, the exchange has decided to keep quiet and not comment on the new development. However, it already lost around 5% of its workforce, which includes employees who took its offer to depart from the firm with the offered severance packages.

It also makes sense that Garlinghouse would stand up against Coinbase’s policy, since Ripple always did promote corporate activism. The firm even allows employees paid time to go and vote during the election time, or even to volunteer during the upcoming elections.

Furthermore, Ripple is taking YouTube to court over allegations that the video platform failed to protect its users from giveaway scams. Garlinghouse noted that the firm doesn’t have to do it. It doesn’t help XRP or Ripple in any way, but it is a social problem that needs to be solved.



Source link

Share this:

  • Twitter
  • Facebook
  • More
  • Pinterest
  • Telegram
  • Email
Share30Tweet19
Previous Post

Ant Group’s dual IPO to raise £26.44 billion and mark the biggest listing.

Next Post

Lewis Hamilton: ‘No concern’ he will sign for Mercedes next season – team boss Wolff

souhaib

Recommended For You

6 Fantastic Uses Of Cryptocurrency

by souhaib
May 19, 2022
0

While cryptocurrency is definitely a trending topic these days, many people are still unsure of how exactly they could make the most of it. In fact, even 14...

Read more

Where to Buy ETH Online?

by souhaib
March 21, 2022
0
Where to Buy ETH Online?

Have you decided to invest money in ETH? It’s a good choice as Ethereum is a leading coin in the crypto market. It has a great potential to...

Read more

Identifying a Suitable Platform from Biggest Cryptocurrency Exchanges

by souhaib
March 8, 2022
0

There are some biggest cryptocurrency exchanges in the market that are known and used all around the globe. However, these platforms offer various services and are not suitable...

Read more

Fantom(FTM), Loopring(LRC) Price Eye Another 20% Upswing, While Avalanche(AVAX) May Witness a 10% Plunge! – Coinpedia – Fintech & Cryptocurreny News Media 2021

by souhaib
February 7, 2022
0

With the Bitcoin price gaining huge strength, the entire crypto space is gaining a good bullish momentum. And hence as the Ethereum price comfortably hovering above $3000, the...

Read more

Where to buy SuperFarm (SUPER) coin: it is up 24% today after Coingecko listing 2021

by souhaib
February 7, 2022
0

The price of the SuperFarm (SUPER) coin has been rising since mid-January and the bullish momentum gathered momentum after today’s listing on Coingecko. To help investors and traders...

Read more
Next Post

Lewis Hamilton: 'No concern' he will sign for Mercedes next season - team boss Wolff

No Result
View All Result

Recent Posts

  • Summary of news about nullification of the right to abortion in the USA.
  • Ebrard: the number of dead migrants found in a trailer in Texas rises to 50; 22 are Mexican
  • Pong Pong brings the Marcos back to command the Philippines | Policy
  • The GOP’s Anti-LGBTQ Hysteria Is Spreading To Family Drag Shows
  • The firm getting Trump’s Reality Social warned the deal could collapse for the reason that it really is been subpoenaed by a federal grand jury

Browse by Category

  • Australia
  • Automotive
  • Business
  • Celebrity
  • Cryptocurrency
  • Deals
  • Economie
  • Education
  • Euro
  • Forex
  • Gaming
  • Health
  • Life Style
  • NBA
  • News
  • Reviews
  • Sports
  • Switzerland
  • Trending
  • U.S.
  • Uncategorized

Categories

  • Australia
  • Automotive
  • Business
  • Celebrity
  • Cryptocurrency
  • Deals
  • Economie
  • Education
  • Euro
  • Forex
  • Gaming
  • Health
  • Life Style
  • NBA
  • News
  • Reviews
  • Sports
  • Switzerland
  • Trending
  • U.S.
  • Uncategorized

Pages

  • Contact US
  • Newsletter
  • Privacy Policy
  • Terms & Conditions

© 2021 - TrendsWide

No Result
View All Result
  • Home
  • Contact US
  • Privacy Policy
  • Trending
  • U.S.
  • Economie
  • Deals
  • Reviews
  • Cryptocurrency
  • Health
  • Life Style
  • NBA

© 2021 - TrendsWide