Coinbase CEO Armstrong Says He'll Hire 1,000 in U.S. as Crypto Tide Turns
Lots of blog posts in/around USA Crypto Summit last Friday being a nothing burger. While looking for the sunny side of these posts, what about the potential for hiring in/around USA Crypto work?
Coinbase Hiring 1000 due to change in US Crypto sentiment
CEO Armstrong said with the recent love the current administration is showing this sector, he said that he is willing to invest in American talent. Coinbase plans to invest to the tune of 1000 hires.
What else we know?
- No timeframes have been hired for the 1000 employees. But understanding Brian's approach is critical to understanding this is NOT FOMO!
- Coinbase pay will be well above any US Shovel ready job.
- Coinbase has not physical HQ so assume the jobs are remote.
- Anyone else see skills programs being developed for US Strategic Crypto Reserve?
Summary
It is always darkest before dawn, not all that glimmers is gold, nor is every story as bad as it seems. The US needs modern productivity to re-grow the decimated middle-class. Knowledge workers are one of those pivotal legs on the economic stool.