WEBVTT

1
00:00:00.120 --> 00:00:03.150
- It looks like Coinbase
wants to talk politics again.

2
00:00:03.150 --> 00:00:05.760
The cryptocurrency
platform launched a tool

3
00:00:05.760 --> 00:00:07.470
that'll let its users to see

4
00:00:07.470 --> 00:00:09.000
where their representatives stand

5
00:00:09.000 --> 00:00:11.850
on crypto as we head into
the midterm elections.

6
00:00:11.850 --> 00:00:13.860
This week, Coinbase began integrating

7
00:00:13.860 --> 00:00:16.470
the company's crypto policy
efforts into its app.

8
00:00:16.470 --> 00:00:18.750
The company's CEO, Brian Armstrong,

9
00:00:18.750 --> 00:00:19.890
said on Twitter the move

10
00:00:19.890 --> 00:00:23.760
will "help our 103M
verified users get educated

11
00:00:23.760 --> 00:00:26.100
on the crypto positions
held by political leaders

12
00:00:26.100 --> 00:00:26.933
where they live."

13
00:00:26.933 --> 00:00:29.850
Well, the company pretty much
banned debate over politics

14
00:00:29.850 --> 00:00:33.030
and social issues among
its employees back in 2020,

15
00:00:33.030 --> 00:00:35.700
calling such discussions a distraction.

16
00:00:35.700 --> 00:00:37.560
There was a small caveat, though.

17
00:00:37.560 --> 00:00:39.540
Armstrong seemed open to the idea

18
00:00:39.540 --> 00:00:42.570
of discussing policy
related to their mission,

19
00:00:42.570 --> 00:00:45.630
i.e legislation regarding
the crypto industry.

20
00:00:45.630 --> 00:00:48.540
The crypto industry needs
all the help it can get.

21
00:00:48.540 --> 00:00:50.550
I mean, it truly hasn't been a great year

22
00:00:50.550 --> 00:00:53.670
for companies like Coinbase
or their devoted users.

23
00:00:53.670 --> 00:00:55.487
So it's understandable why those

24
00:00:55.487 --> 00:00:57.870
behind The Little Coin That Could may want

25
00:00:57.870 --> 00:01:00.660
to help make that the folks
in Washington are on board

26
00:01:00.660 --> 00:01:03.360
with "increasing economic
freedom in the world"

27
00:01:03.360 --> 00:01:05.610
as Armstrong wrote in his Twitter thread.

28
00:01:05.610 --> 00:01:08.673
To read more about this
story, check out gizmodo.com.