How Bitcoin Fixes Payments And The Bureaucracy Of The Old World

Bitcoin Magazine

I’m not a big fan of governments, and I’m really not a fan of bloated bureaucracies. I harbor the controversial opinion that HR departments and administrator roles are net negatives for any organization: it’s rare to find an administrator who knows what they’re doing or an HR person who adds value to their organization.

Half or more of all new hires fail — which, if I were an interviewer or in a recruiting role, I would be horrifically ashamed of. Your ability to discern talent and match your team’s needs with the pool of interviewees is little better than a coin toss. (Some well-documented reasons: gut feelings aren’t accurate, one’s ability to do the job is uncorrelated to one’s ability to fool an interviewer or look impressive in artificial interview settings, an HR-obsessed interviewer’s ability to discern work ability is roughly nonexistent).

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