No, it's like this. It's often extremely poor leadership and extremely poor management. I'm talking extremely poor. I have developed a huge appreciation for the leadership and the culture at my non-bitcoin-related job. My position at the moment is basically an apprenticeship in leadership, for a very successful, well-thought-of, successful company present in a lot of countries with very low turnover rate in both long term employees and customers/clients. And what I'm learning from that apprenticeship, vs. what I've seen in Bitcoin.... it's drastically different. Embarrassing and painfully different. Add in the new bitcoin trend, a la saif and jimmy song et al, that "manager class" is bad (and the poor wording, because when you get into it, they might not even be talking about managers).... and..... it's a recipe for disasters and high turnover and embarrassingly terrible leadership.

Also, the accountability is very poor, so you have psychopaths coming in and taking advantage of their people, or attempting to. If you say "no", they won't hesitate to get rid of you and run smear campaigns on you as they let the door slam on you on the way out.

So no. You are not wrong. You've got a pretty good handle on the situation.

If I ever find a company that has solid leadership and a good culture that I can stand behind, I might try to work for them. But as it is... the ones I've seen? They're just so poorly run, I don't think I could throw my lot in with them. But I'll definitely keeping my eyes open!

Wow.. good point. I don't know if that is the rule, but it has def been very common.