Operations Associate

Got a big shock at start of career

At the very start of my career, I faced a big shock. I joined BitGo as a Software Engineering Intern with the hope of full-time conversion, as HR mentioned the conversion rate was good. Despite consistently delivering results and even demoing my work to the Head of Engineering and CEO, two interns including me were laid off with vague and shifting reasons. First, we were told the team capacity was 13 while we were 15 — yet two new FTEs were hired after us. Then we were told we were working on “less important” tasks, even though we had repeatedly asked for critical work. Finally, I was told I hadn’t coded enough hours — despite clear output and appreciation in demos. It felt like pure office politics. Recently hired FTEs — who were related to existing top performers — were retained, and interns were let go. Escalations to HR and leadership didn’t change anything. Walking away from a 35 LPA CTC (15 LPA fixed) opportunity was tough, but staying would’ve meant surviving politics over performance. Today, I’m working as a Data Engineer at Accenture. The pay may be lower, but I’m genuinely happier. My team is supportive, ideas are heard, and politics — though present everywhere — is minimal in my experience. Sometimes peace of mind > compensation.

Bitcoin Faces Sharp Pullback Amid Market Dynamics

- Bitcoin's sharp decline from near $100,000 attributed to U.S. Treasury term premium reduction and options expirations. - Institutional interest remains strong despite the retracement, with significant BTC inflows recorded. - Market experts predict a potential drop below $88,700 before resuming its uptrend, maintaining a bullish long-term outlook. Source: [Benzinga](https://www.benzinga.com/markets/cryptocurrency/24/11/42192364/bitcoin-correction-could-go-as-deep-as-88700-but-125000-year-end-target-remains-in-play-sa), [Benzinga](https://www.benzinga.com/markets/cryptocurrency/24/11/42191142/bitcoin-is-being-sold-into-a-market-with-ample-demand-from-institutions-says-marathon-ceo-)

The best performing stock of this year in the entire world [Analysis]

MicroStrategy has transformed from a business intelligence software company into what's essentially a Bitcoin treasury vehicle under Michael Saylor. - Currently holds over 310,000 BTC - YTD performance: 500%+ - 5-year performance: ~2,600% The Strategy is an Infinite Money Glitch essentially: 1. Issue convertible bonds at 0% interest 2. Use the money to buy Bitcoin 3. As BTC price rises, stock rises (with leverage) 4. Premium valuation allows them to issue more shares at higher prices 5. Rinse and repeat However the risk is quite large imho: 1. Trading at 2-3x NAV (paying $2-3 for every $1 of Bitcoin) 2. Leverage cuts both ways, a 10% BTC drop could mean 30%+ stock drop 3. Potential debt obligations if BTC price crashes 4. Premium isn't guaranteed and depends on market sentiment However the craziest thing is: 1. Potential index inclusion (S&P 500/NASDAQ) 2. Future yield/interest earning possibilities on BTC holdings 1. This isn't just another Bitcoin play, it's potentially a new model for corporate treasury management. Saylor has essentially created a publicly-traded, leveraged Bitcoin vehicle that amplifies both gains and losses. This is either brilliant financial engineering and the returns have been astronomical, this isn't the same as buying Bitcoin directly, you're betting on both BTC and Saylor's strategy. Personally, I think this is fascinating but incredibly risky. For most investors, especially those who can't stomach massive volatility, direct BTC exposure is better.