A functional definition of privilege is that politics doesn't matter that much to you. No matter how it turns out, you'll be fine, so you're able to mentally compartmentalize it and go about the rest of your business. There are many people whose lives are not like that, and it's unreasonable to expect them to treat politics as a game separate from real life.
The more privileged a group is the more they tend to be involved in politics. So a better definition is that privilege is when you have time and energy to spend on politics.
I bet the closeted gay folks in countries where that's a death sentence would MUCH rather have their coworkers compartmentalize their views.
You're even more privileged if you're so confident in your job security and the popularity of your political views that you can spend your working hours advocating them without worrying that it'll affect your ability to feed your family.
As long as some parts of politics are working to harm the people you work with, coexisting with them and exchanging pleasantries is political.
This is roughly how the people who argue against Coinbase decision sounds.
Companies should advocate for the rights of their employees. They should demand their employees treat each other with respect. Both of those stances will often conflict with some people's politics and there's no way around it.