Ripple’s CEO, Brad Garlinghouse, recently spoke out against the new “apolitical culture” of Coinbase.
Coinbase generally forbids its employees to bring political discussions to the workplace.
Garlinghouse argues that technology companies have a duty to contribute to solving social problems and to set a good example.
Recently, Coinbase CEO Brian Armstrong announced that the company will introduce a new rule that will bring a major cultural change to the Coinbase exchange. Employees of the largest US stock exchange will no longer be allowed to discuss politics while at work. The move was quickly criticized by the community, and soon big names in the crypto world joined the criticism.
Charles Hoskinson of Cardano was among those who disagreed, as was Jack Dorsey of Twitter. The CEO of Ripple, Brad Garlinghouse, now also rejected the apolitical attitude of Coinbase.
Garlinghouse publicly opposes Armstrong
According to Armstrong, the crypto-exchange will not debate causes or political candidates or really deal with a topic that is not in any way related to the core task of Coinbase. He called it an apolitical culture that is “laser-focused” on making profits and promoting cryptotechnology.
As already mentioned, Garlinghouse opposed this and pointed out that Silicon Valley has an obligation to contribute to the solution of social problems. He emphasized that the task of technology companies is more than just enabling an Internet of value. Their goal should also be to achieve positive results for society itself.
As the number of those who disagree with Coinbase continues to grow, the exchange decided to keep silence and not to comment on the new development. However, it has already lost about 5% of its workforce, including employees who have accepted its offer to leave the company with the severance packages offered.
It also makes sense that Garlinghouse would oppose Coinbase’s policy, as Ripple has always encouraged the company’s activism. The company even allows employees paid time to go to the polls and vote during the election period or even volunteer during the upcoming elections.
In addition, Ripple sued YouTube for allegations that the video platform did not protect its users from advertising gift fraud. Garlinghouse stated that the company did not have to do this. It does not help XRP or Ripple in any way, but it is a social problem that needs to be solved.