Posted 1 year ago | by Ben Armstrong
Coinbase and Messari Employees Work Remotely amid Coronavirus Outbreak
The COVID-19 outbreak is disrupting global commerce. Several crypto companies are recommending their employees take precautions, including Coinbase and Messari. The novel virus has already dome substantial damage to the Chinese economy, and it appears to be spreading globally.
Brian Armstrong, CEO of Coinbase, left a tweet to his 300K+ followers earlier this week that informed the public that the crypto company would be directing certain employees to work from home.
Ryan Selkis, the founder of Messari also posted a message that stated the firm would be:
“going remote first and will be scrapping most planned business travel for the next couple of months.”
While sharing an updated version of the Coinbase plan, Armstrong also illustrated impact of COVID-19 has had on Coinbase since it began spreading in January:
“...we are starting to see the first documented instances of community transmission in the areas of our Portland and SF offices. We’ve seen a handful of cases in Chicago and just saw the first case in New York. We continue to see community transmission in Japan.”
Coinbase is Cutting Travel
One of the measures Coinbase proposed is minimizing employees' personal travel, especially internationally. Employees who live in areas that are at higher risk of infection, can begin working from home. The company’s business travel to China, Hong Kong, Japan, Italy, and South Korea are also being restricted.
Messari is also implemeting similar measures to fight the spread of coronavirus in its company. Selkis stated his company would also have the measures to protect its employees from COVID-19.
According to a statement posted on the company website, Selkis said the firm would “go remote-first indefinitely”.
The Messari founder said his team was young and healthy but would take responsibility while claiming the poor response of the U.S. government to contain the epidemic:
“...a temporary remote move is less about our team’s well-being, and more about being a proactive part of the solution to a much larger potential problem.”
A Major Impact
With the exception of a conference which will be held in Washington DC next week, Messari canceled most business travel through the end of the second quarter. Also, Selkis speculated the schedule of the Bitcoin 2020 Conference planed on Mar. 27-28 in San Francisco may be at risk.
The impact of the COVID-19 outbreak continues to spread quickly.
The Quarantines of cities in China hascaused manufacturing to drop substantially, and the virus has negatively impacted markets and international trade. It is likely that China knew about the virus as early as November of 2019, and took measures to silence doctors who warned about its existence. One such doctor has died of the virus.