Yeah there's still some cronyism in this space. What I was getting at is this: can bitcoin fix that while still mining fiat and working with fiat incentives?
Discussion
At the end of the day, the people at these companies are deciding to choose people they know vs those they don’t. That’s their prerogative and probably makes sense to hire people knowing that they are of good character. Scare capital is, well, scarce. You want to allocate it well, and knowing the person you are hiring is a very good hedge against misallocation. I personally think they are doing themselves a disservice by passing people they don’t know over, and are concurrently creating this “Bitcoin jobs” concept that really only applies to insiders. I personally would love to hear feedback and responses to my application, but the employers don’t owe that to anyone. Just my personal complaints about the process.