Someone on twitter succinctly described the situation by saying, “ I think a lot of stadiums are gonna have to change their names over the next few years.”
That would have been funny.
It a bad look, and I feel for everyone affected by the layoffs. But this isn’t a decision Coinbase made two weeks ago.
The decision makers at Coinbase might have thought so, but they were clearly wrong. A massive crypto collapse is probably the most predictable financial crash in decades.
[1] https://www.bloomberg.com/news/newsletters/2022-05-19/terra-...