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posted by janrinok on Thursday January 04 2018, @12:36PM   Printer-friendly
from the innovators-or-gamblers dept.

The CBC reports, http://www.cbc.ca/news/business/bitcoin-s-gender-divide-could-be-a-bad-sign-experts-say

Bitcoin, and the world of cryptocurrency, is a boys' club, say some experts, and that should be cause for concern.

Google Analytics results put the divide at 96.57 per cent men to 3.43 per cent women: https://coin.dance/stats/gender.

That's a huge red flag to Duncan Stewart, research director of Deloitte Canada's technology division. "It isn't merely that the value has risen as far and as fast as it has; it's the fact that it's 97 per cent men — that is, in and of itself, a potential danger sign," he says. "There are studies out there that suggest men are predisposed towards bubbles in a way that women are not."

Stewart made his case in a recent online post about the subject: https://www.linkedin.com/pulse/bitcoin-bubble-gender-split-says-probably-duncan-stewart/?trackingId=LlXWi2rCxUW0itfA92%2BhSQ%3D%3D

Stewart said he "cannot think of any security, currency or asset class in history that shows that extreme a gender divide and has been sustainable."

[...] Iliana Oris Valiente is a rarity in the cryptocurrency world. She has emerged as a female leader in this space and was recently chosen to lead consulting firm Accenture's global blockchain innovation division. Oris Valiente doesn't buy into the theory that an outsized amount of male interest in a particular asset in and of itself creates a bubble. "If we have primarily men involved in building the businesses and being the early-stage investors, they're likely to share the new tidbits and the new deals with their own established networks."

But without a major catalyst, she doesn't see the gender divide in this field narrowing anytime soon.


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  • (Score: 2, Insightful) by Anonymous Coward on Thursday January 04 2018, @12:40PM (16 children)

    by Anonymous Coward on Thursday January 04 2018, @12:40PM (#617638)

    It's almost like men are more likely to take risks and investing in a new digital currency is pretty risky.

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  • (Score: 3, Interesting) by Anonymous Coward on Thursday January 04 2018, @12:44PM (5 children)

    by Anonymous Coward on Thursday January 04 2018, @12:44PM (#617643)

    Or they are greedier, as this kind of speculation involves a lot of it.

    • (Score: 4, Insightful) by The Mighty Buzzard on Thursday January 04 2018, @02:02PM (3 children)

      by The Mighty Buzzard (18) Subscriber Badge <themightybuzzard@proton.me> on Thursday January 04 2018, @02:02PM (#617668) Homepage Journal

      I think you're mistaking greed with ambition. It's a common failing in those without any.

      --
      My rights don't end where your fear begins.
      • (Score: 4, Touché) by Anonymous Coward on Thursday January 04 2018, @02:20PM (2 children)

        by Anonymous Coward on Thursday January 04 2018, @02:20PM (#617673)

        Why would those without Greed mistake it for Ambition ?

        • (Score: 2) by The Mighty Buzzard on Thursday January 04 2018, @02:42PM (1 child)

          by The Mighty Buzzard (18) Subscriber Badge <themightybuzzard@proton.me> on Thursday January 04 2018, @02:42PM (#617684) Homepage Journal

          Funny but still just a deflection.

          --
          My rights don't end where your fear begins.
          • (Score: 0) by Anonymous Coward on Thursday January 04 2018, @04:52PM

            by Anonymous Coward on Thursday January 04 2018, @04:52PM (#617776)

            why do people even track these things?

            more women tuck dollar bills into their g-strings than men get tucked into their g-strings, but we don't hear about him complaining about that.

            I mean bitcoins can even get shoved into that slot and guys can't accept them that way

    • (Score: 0) by Anonymous Coward on Thursday January 04 2018, @07:08PM

      by Anonymous Coward on Thursday January 04 2018, @07:08PM (#617882)

      If you think women aren't greedy, I suspect you haven't talked to many.

  • (Score: 3, Insightful) by Runaway1956 on Thursday January 04 2018, @02:51PM (5 children)

    by Runaway1956 (2926) Subscriber Badge on Thursday January 04 2018, @02:51PM (#617693) Journal

    Exactly. That was my very first though, after reading TFS. Guys are known for jumping into risky shit without giving it any real thought. "Hold my beer, and watch this!" Women are known for being conservative risk takers. And, gay sons of bitches are known for seeing sexism and mysogeny everywhere they look. Who and what is this Stewart dude, other than a gay son of a bitch? And who proclaimed him to be any kind of an expert? While the boys were playing mumblety-peg in the school yard, he was probably playing jacks with the girls.

    • (Score: 4, Insightful) by The Mighty Buzzard on Thursday January 04 2018, @03:16PM (1 child)

      by The Mighty Buzzard (18) Subscriber Badge <themightybuzzard@proton.me> on Thursday January 04 2018, @03:16PM (#617714) Homepage Journal

      Nothing wrong with playing with the girls. I avoided gym by taking music in 9th grade and regret it not one bit. I got to sit in the teacher's office and do my math homework while they were doing the singing thing because I can't carry a tune in a bucket and got to hang out with people with highly interesting body parts when they weren't. Admittedly I missed out on all the fun of dodge ball that year but the tradeoff was entirely worth it.

      --
      My rights don't end where your fear begins.
      • (Score: 2) by Runaway1956 on Thursday January 04 2018, @07:05PM

        by Runaway1956 (2926) Subscriber Badge on Thursday January 04 2018, @07:05PM (#617878) Journal

        Didn't take any more music classes in school than I was required. But, I did take typing class, when most guys wouldn't be caught dead in an all-female class. I think that THEY thought the monthly period might be contagious, or some such crazy crap. I gave a half a thought to taking home economics for each of three years. Only half a thought though. I could already feed myself, do laundry, and balance a checkbook (most of the time, anyway, I DID get in trouble for a bounced check once) so I didn't figure Home-Ec was going to teach me a lot.

    • (Score: 3, Informative) by kurenai.tsubasa on Thursday January 04 2018, @03:19PM (2 children)

      by kurenai.tsubasa (5227) on Thursday January 04 2018, @03:19PM (#617718) Journal

      Are you trying to get in b4 the eventual implication that bitcoin holders are homosexual men (and thus failed men)?

      Feminists consistently use homophobia as an attack vector against men. They either believe or merely play off the idea that there is “something wrong” with gay men. Aristarchus used this technique in several of his submissions that didn't make the cut, for example.

      • (Score: 2) by Runaway1956 on Thursday January 04 2018, @07:00PM (1 child)

        by Runaway1956 (2926) Subscriber Badge on Thursday January 04 2018, @07:00PM (#617876) Journal

        Yeah, if you've followed (probably not, it's mostly banal bullshit) the conversations between 'Zumi and I, she loves to question my "adequacy" as well as my sexual preferences. That's her go-to tactic when she's trying to insult me.

  • (Score: 3, Insightful) by wonkey_monkey on Thursday January 04 2018, @04:58PM (3 children)

    by wonkey_monkey (279) on Thursday January 04 2018, @04:58PM (#617783) Homepage

    It's almost like it might actually be slightly more complicated and interesting than that and that yours is a glib, superficial response.

    --
    systemd is Roko's Basilisk
    • (Score: 0) by Anonymous Coward on Thursday January 04 2018, @05:28PM (2 children)

      by Anonymous Coward on Thursday January 04 2018, @05:28PM (#617817)

      > It's almost like it might actually be slightly more complicated and interesting than that and that yours is a glib, superficial response.
      Duh, how else are you supposed to get first post? :)