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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, Redundant) by The Mighty Buzzard on Thursday January 04 2018, @02:49PM (2 children)

    by The Mighty Buzzard (18) Subscriber Badge <themightybuzzard@proton.me> on Thursday January 04 2018, @02:49PM (#617689) Homepage Journal

    It's trying to continue existing after essentially all of its goals have been accomplished. It's fairly common for any cause that there's money or power to be gained from to choose to double down on absurd, made up bullshit and unrelated causes rather than accept the win.

    --
    My rights don't end where your fear begins.
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  • (Score: 2) by DeathMonkey on Thursday January 04 2018, @07:47PM (1 child)

    by DeathMonkey (1380) on Thursday January 04 2018, @07:47PM (#617902) Journal

    TMB missed the entirety of 2017, apparently.