At the intersection of global climate issues and all things monetary, well, it can be difficult to decide which word to italicize anymore:
The U.S.-based crypto exchange Kraken has announced that, despite the layoffs and hiring freezes among its competitors in the ongoing “crypto winter”, they intend to keep hiring aggressively. They also took the opportunity to announce that they “believe bear markets are fantastic at weeding out the applicants chasing hype from the true believers in our mission”, and that they had “taken this opportunity to align our internal culture around a set of shared values”. They also make it clear that anyone who disagree with the changes can GTFO: “In commitment to these values, we also expanded our permanent benefits program to make moving on a bit easier for anyone who feels it’s time for the next chapter in their career.”
That’s from Molly White’s terrific and wonderfully-named website and she’s is no danger of running out of content anytime soon. Because lots of everyones out there think all the other everyones are the suckers, or they’re not sure who is. But whatever, the sucker rule still applies.
And at the same time, it’s more than that. When the last necessary thing was another distraction from the burning and belching, from the fanning, the rising and the storming, everyones are out here convincing themselves to believe in yet another free ride. Yes, it would be great if blockchain ‘tech’ guaranteed that you could trust this invisible money (cf. the italics dilemma). But that’s not how people work. What people do is find the sucker, and adjust for scale, malheureusement.
Image via porpoisesdotorg, natch.