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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.
(Score: 4, Informative) by ngarrang on Thursday January 04 2018, @02:16PM (6 children)
...for having read that article.
There is literally ZERO barrier to a woman that wants to invest in Bitcoin. She can buy them. She can sell them. If she has the desire, she can try to farm them. Computers don't care if you have a vagina; you either press a button or you don't to make it do something.
(Score: 1, Troll) by Runaway1956 on Thursday January 04 2018, @03:00PM
But, but, but, thass sexisss, isn't it?
(Score: 5, Insightful) by kurenai.tsubasa on Thursday January 04 2018, @04:10PM (4 children)
I believe this is the problem. We can deconstruct the concerns raised over compiler error messages this way. The compiler tells a man “invalid syntax” but it does not tell him what to do to fix the problem. It seems that at a subconscious level, many feminists truly expected that the compiler would detect the presence of a womb and offer additional assistance.
IRL, it's been presented to me that computers are detecting the presence of a penis and offering additional assistance that is unavailable when it does not detect a penis. Basically, feminism is no longer participating in reality with the misogynerd narrative. It's gone so far into the ridiculous that I'm no longer able to suspect ignorance. This is malice. This is gaslighting.
It also plays into the hands of men with power like Duncan Stewart [deloitte.com]. Of course those men don't want powerless men to find that they've become empowered by their hard-earned knowledge of computer technologies. I don't think we need to worry about Mr. Stewart being interested in empowering women. He's using feminism as a cudgel against men without power. I doubt he's concerned with empowering women in crypto currencies.
At the very least, he's just confirmed for us that bitcoin and other crypto currencies are a credible threat to the new aristocracy of international bankers playing games with fiat currencies.
I think this all was lost on Anne Gaviola of CBC News, just as the involvement of Microsoft in sex trafficking being a good reason for women to switch to free software completely sailed over the heads of Nina Burleigh of Newsweek and Mallory Locklear of Engadget.
(Score: 2) by tangomargarine on Thursday January 04 2018, @04:32PM (3 children)
I assume this is a case of "they used Windows therefore Microsoft supports them" in the same way that somebody getting bludgeoned to death with a tire iron is obviously the fault of the tire iron manufacturer.
"Is that really true?" "I just spent the last hour telling you to think for yourself! Didn't you hear anything I said?"
(Score: 2, Informative) by kurenai.tsubasa on Thursday January 04 2018, @04:51PM (2 children)
SoylentNews covered this [soylentnews.org].
(Score: 2) by tangomargarine on Thursday January 04 2018, @05:16PM (1 child)
source [soylentnews.org]
"Is that really true?" "I just spent the last hour telling you to think for yourself! Didn't you hear anything I said?"
(Score: 2, Informative) by kurenai.tsubasa on Thursday January 04 2018, @05:57PM
Fair enough. I figure that since we're going to be seeing a lot of the misogynerd narrative in the lead-up to November, I might as well concede that Microsoft is involved in sex trafficking despite that fact that just 18 employees were arrested between both Microsoft and Amazon. So just assuming 50/50, that's 9 whole Microsoft employees out of thousands.
But, indeed, the Church of Feminism Has Spoken. Microsoft is involved in sex trafficking (as evinced by not even 1% of its employees). I don't have a problem with throwing M$ under a bus. What I'm counting on is for the misogynerd narrative to conveniently forget that it was a proprietary software company (one that's traditionally hated by geeks) that provided the basis of the coming accusations of massive involvement in sex trafficking by free software user-developers.