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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: 3, Insightful) by bucket58 on Thursday January 04 2018, @03:04PM (3 children)

    by bucket58 (1305) on Thursday January 04 2018, @03:04PM (#617705)
    Starting Score:    1  point
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    Total Score:   3  
  • (Score: 0) by Anonymous Coward on Thursday January 04 2018, @05:43PM (1 child)

    by Anonymous Coward on Thursday January 04 2018, @05:43PM (#617822)

    Or maybe bitcoin is used by all kinds of people who aren't interested in government backed fiat currency? And extremists are one of those groups?

    Nah, they're probably just making up stuff so they can call more stuff racist. No other logical conclusion.

    • (Score: 2) by Unixnut on Friday January 05 2018, @09:55AM

      by Unixnut (5779) on Friday January 05 2018, @09:55AM (#618275)

      > Or maybe bitcoin is used by all kinds of people who aren't interested in government backed fiat currency? And extremists are one of those groups?

      To a government, anyone who doesn't follow their rules and indulge their desires, is an extremist.

      After all, if you don't shut up and blindly follow the government, you might one day question their decisions, or heaven forbid, rebel against them. That makes you a threat to them (hence why free thinking is generally discouraged).

  • (Score: 1) by nitehawk214 on Thursday January 04 2018, @09:46PM

    by nitehawk214 (1304) on Thursday January 04 2018, @09:46PM (#617982)

    salon.com = "everything is sexist and racist"

    --
    "Don't you ever miss the days when you used to be nostalgic?" -Loiosh