Former DOGE team members encouraged to join Coinbase, as per an open invitation by Brian Armstrong
Let 'Em Join the Crypto Race
Looks like Coinbase CEO Brian Armstrong is dragging in some new talent from an unusual source! He's just offered former DOGE staffers a chance to hop aboard the Coinbase train. But why's he doing this? Well, it all started with a viral Fox News clip featuring Ethan Shaotran, a 22-year-old DOGE operative who feels like he got burned for working at the agency.
Armstrong lauded Shaotran on Twitter, not just as a retweet but also with a juicy job offer. If you're tired of serving your country and fancy shaking things up in the financial world, consider joining Coinbase and helping to make the global economy leaner and more streamlined.
Oh, and don't worry about the hiring process! Armstrong's made it speedy and straightforward for these former DOGE folks.
In the Fox News clip, Shaotran talked about how his Harvard classmates hated him for his stint at DOGE. He worked until 2 a.m. every day of the week and thought the agency's work was more valuable than any computer science degree could offer.
Armstrong's move comes about two weeks after Elon Musk distanced himself from DOGE amid protests. During a Cabinet meeting, Musk called DOGE a "meme coin." Funny, right? But it raises questions about how we ended up here.
Established under President Trump's second administration, DOGE aimed to save $2 trillion by eliminating unnecessary agencies and programs. Led by Musk and Vivek Ramaswamy, the agency is official government departments can only be created via an act of Congress, so it's technically a misnomer.
As for Coinbase, it's embracing its political stance, having spent over $70 million on Trump-friendly crypto PACs in 2024. By doing so, it aligns itself with other crypto companies and venture capital firms backing Trump. Chris LaCivita, Trump's campaign co-manager, even joined Coinbase's advisory board.
And there you have it! Armstrong's offer to ex-DOGE staffers shows Coinbase's efforts to be a leader in the crypto space. Now all we can do is wait and see if any of those DOGE folks jump ship and join Coinbase!
- Brian Armstrong, the CEO of Coinbase, is extending job offers to former DOGE staffers, aiming to bring new talent into the crypto exchange.
- The blockchain industry might attract those who seek a change in the financial world, as Armstrong encourages ex-DOGE employees to join Coinbase and contribute to a leaner global economy.
- The hiring process for the former DOGE employees has been streamlined by Armstrong to facilitate their transition into the cryptocurrency business.
- Ethan Shaotran, a 22-year-old DOGE operative, expressed discontent with his experience at the agency and recently received a job offer from Armstrong on Twitter.
- DOGE, established during President Trump's second administration, aimed to eliminate unnecessary agencies and programs in an effort to save $2 trillion, but faced controversy due to its political ties and status as an official government department.
- Coinbase has taken a political stance by investing over $70 million in Trump-friendly crypto PACs ahead of the 2024 elections, aligning itself with other crypto companies and venture capital firms that support the president.
- The general-news landscape continues to evolve with Coinbase's move towards the crypto space, raising questions about the intersection of technology, finance, politics, and business in the emergent decentralized finance (Defi) sector.