Einfluss auf die NBA – Landschaft

A New York Times report reveals serious differences in pay for women and black workers. It’s the next faux pas that Coinbase steps into. This time, however, the scandal comes at a very inconvenient time, as the startup is in the middle of planning an IPO.

In a recently published articleThe New York Times reveals allegations by female and black employees complaining of unfair working conditions at Coinbase

Accordingly, women and people of color are paid less than their male, white colleagues. The basis of the report is provided by analyzes by the economist Alexandra Marr, who previously provided analyzes for court cases that dealt with wage distortions. Marr examined salary data from 448 employees in 2018. Nine employees who also appeared in the data validated them against their own numbers and from colleagues they knew.

The analysis at Bitcoin Billionaire found that women received an average of $ 13,000 (8 percent) less salary than their male counterparts in comparable jobs and positions. Sometimes there are discrepancies of up to 20 percent. The analysis made a rough distinction between “manager”, “engineer” and “non-engineer”. The occupational groups were compared with one another in different hierarchy levels (level 1 to level 6). The department examined at Coinbase had to have at least three female employees. The biggest difference was with the level 1 managers, where female employees had to be content with 20 percent less salary. The level 1 non-engineers had the second largest deviation with 18 percent. Third place went to the Level 3 managers. Male employees there received a little over 200,000 US dollars annually, while female colleagues received an annual salary of almost 170,000 US dollars. An inequality of 16 percent.

There was a slight overpayment for female employees in two of the fourteen jobs at Coinbase. Female Level 1 engineers earned around 7 percent more than their male colleagues. There was also a two percent female overpayment at the level 6 manager level.

Black employees paid less – allegations of systematic racism

According to the article, dark-skinned employees are also affected by the unequal wage distribution. 16 black permanent employees appeared in the analyzed salary data. They got $ 11,500 less. That is 7 percent less than all other employees got. Anonymous reports by black employees also accuse the San Francisco tech startup of systematic racism.

Like the New York Timesreported that a manager made assumptions about a black employee in front of other colleagues as to whether he was dealing with drugs or carrying a weapon. Another dark-skinned employee describes a scene from a job interview in which the manager openly told him that he thought black employees were less capable. And yet another employee reported condescending treatment of her manager towards her and her black colleagues. So they were passed over in favor of white, less experienced employees even in the case of promotions.

In a statement, LJ Brock, Coinbase’s chief people officer, said the company began conducting a comprehensive review of compensation across the company in late 2018.

Als sich das alte System im Jahr 2020 aufzulösen begann, enthüllte Bitcoin sein tieferes Wertversprechen.

2020 war besonders für Bitcoin unvergesslich. Um unseren Lesern dieses Jahr ein Denkmal zu setzen, haben wir unser Netzwerk von Mitwirkenden gebeten, über die Preisentwicklung, die technologische Entwicklung, das Wachstum der Community und mehr von Bitcoin im Jahr 2020 nachzudenken und darüber nachzudenken, was dies alles für 2021 bedeuten könnte.

Diese Autoren antworteten mit a Sammlung nachdenklicher und zum Nachdenken anregender Artikel. Klicken Sie hier , um alle Geschichten aus unserer Serie zum Jahresende 2020 zu lesen

2020 ist zum Jahr der Pandemie geworden. Mit Gesichtsmasken und Quarantäne hat sich die Welt für immer verändert. In der Eskalation des Coronavirus-Ausbruchs senkte die US-Notenbank ihren Zinssatz zum ersten Mal seit der globalen Finanzkrise vor mehr als einem Jahrzehnt auf nahe Null.

Mit Sperrmaßnahmen, die zum Verlust von Arbeitsplätzen und zur Kontraktion der Wirtschaft führten, belebte die Reaktion der Regierung auf COVID-19 die Erinnerungen an den Absturz von 2008. Rettungspakete für Banken an der Wall Street führten dann zu einem großen Vermögenstransfer. Dies setzt sich nun mit der Schließung der Wirtschaft zu zerstören Tante-Emma – Läden , während Unternehmen wie Walmart, Amazon und Target machen Rekordgewinne.

Bitcoin, das in der Asche des wirtschaftlichen Zusammenbruchs geboren wurde, war eine Reaktion auf die Korruption von Finanzinstituten. Das Weißbuch feierte in diesem Jahr sein 12-jähriges Bestehen. Als sich das alte System aufzulösen begann, enthüllte Bitcoin sein tieferes Wertversprechen.

Dedollarisierung

Die Erfindung von Bitcoin ermöglichte zum ersten Mal in der Geschichte die Trennung von Geld und Staat. Das Projekt der Cypherpunks, elektronisches Geld frei von einer zentralen Behörde zu schaffen, eroberte schnell die Herzen von Hackern und Anarchisten. Die Anerkennung von Bitcoin als neue Anlageklasse, die einem nicht konfiszierbaren digitalen Gold ähnelt, wurde ebenfalls von Libertären und Risikokapital übernommen.

Am Rande des US-Empire sind Wellen von frühen Anwendern dieser Technologie aufgetaucht. Von Venezolanern und Iranern bis hin zu WikiLeaks wurde das unzensierbare Redefreiheitsgeld zu einem sicheren Hafen für diejenigen, die Hyperinflation, Sanktionen und Finanzblockaden entgehen möchten.

In diesem Jahr hat diese dezentrale digitale Währung neue Gesichter aufgenommen. Als Reaktion auf die Inflationspolitik der Federal Reserve haben Unternehmen und öffentliche Unternehmen begonnen, Bitcoin in ihre Bilanzen aufzunehmen, um sich gegen den US-Dollar abzusichern. Im September hat MicroStrategy als eines der ersten und größten an der Nasdaq gelisteten Unternehmen Bitcoin eingeführt und einen Wert von über 425 Millionen US-Dollar erworben. Dies hat einen Welligkeitseffekt im Händlernetz erzeugt und die Cash App und PayPal von Square in den Kryptoraum gebracht.

Nach den US-Präsidentschaftswahlen übertraf der Bitcoin-Preis sein bisheriges Allzeithoch ab dem Ende des Bullenlaufs 2017. Mit Dow Jones Indexes Ankündigung der Einführung von Kryptowährung Indizes im Jahr 2021, und Massachusetts Mutual Life Insurance Co. Kauf von $ 100 Millionen in Bitcoin hat Bitcoin fortgesetzt Mainstream – Akzeptanz zu gewinnen, so dass wohlhabende Schlagzeilen in der Mainstream – Medien.

The federal government is struggling to take a clear position on the digital euro. This emerges from a request from the FDP parliamentary group that BTC-ECHO has received.

While the discussions about the introduction of the Diem stablecoin from Facebook are now also preoccupying the federal government, they are still waiting in vain for more substantial statements regarding the digital euro.

A request from FDP MP Frank Schäffler brought little new knowledge to light

In October, BTC-ECHO already reported on the cautious formulations of the federal government regarding the e-euro. At that time, the rulers did not yet agree on whether the introduction of a digital euro by the ECB would make sense. A lot has happened on the global stage since then. Facebook has renamed its stablecoin Diem and is continuing to push for an introduction in the coming year. China is already testing its CBDC on the population and the G7 has only recently shown its resolve to regulate cryptocurrencies.

No decision on the introduction of the e-euro yet

While the federal government already wants to regulate other digital currencies, the progress towards the introduction of a digital euro is not significantly more advanced than in October. The ECB has still not made a decision whether a digital currency should come in the euro area at all, even if a lot stands for it. The related discussion is also just beginning, says the document. They are currently still in an „experimental phase“, which will end in March 2021. Then one would think about transferring it to a formal project investigation.

The federal government sees the possible introduction of a digital euro as a complementary means to normal cash. In doing so, she takes the same position as ECB boss Christine Lagarde, who already announced her position in an interview at the end of November . Lagarde is still skeptical of cryptocurrencies like Bitcoin.

Because the „E-Euro“ project is still in such an early stage, no valid information can be given about any legal adjustments. In addition, according to the federal government, it is not possible to provide an exact breakdown of those who work on the topic.

ECB launched online survey on the digital euro

For a long time, the European Central Bank had concerns about cryptocurrencies. In October it went public and asked citizens and companies whether and how it would make sense to use a digital currency. In relation to this, the FDP parliamentary group raised the question of whether the federal government would participate in the public consultation process. One will not take part in the survey, since the survey is more aimed at companies, associations and private individuals. After evaluating the data, the Governing Council then decides whether a digital currency should be tackled.

Criticism from the FDP parliamentary group

The member of the FDP parliamentary group Frank Scheffler criticizes the hesitant behavior of the federal government and the ECB:

The government has still not found its position. While Facebook wants to launch Diem in the US in the New Year, the government is preventing innovative means of payment in Europe,

said Schäffler in an email exchange with BTC-ECHO.