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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: 0) by Anonymous Coward on Thursday January 04 2018, @04:57PM (3 children)

    by Anonymous Coward on Thursday January 04 2018, @04:57PM (#617781)

    Males often take more risk while females are more conservative. It's everywhere even in the basic biology where the ratio is never 50:50, but more males are conceived while less survive. It works for all age slices.

    Bees, ants.... Women do all the work... the men OTOH are the lazy bitches of the queen.

  • (Score: 0) by Anonymous Coward on Thursday January 04 2018, @05:18PM (2 children)

    by Anonymous Coward on Thursday January 04 2018, @05:18PM (#617806)

    Worker bees can leave.
    Even drones can fly away.
    The Queen is their slave.

    • (Score: 3, Insightful) by Arik on Thursday January 04 2018, @06:12PM (1 child)

      by Arik (4543) on Thursday January 04 2018, @06:12PM (#617850) Journal
      "Worker bees can leave.
      Even drones can fly away.
      The Queen is their slave."

      None of these are slaves. They're bees. Slavery is a human concept which does not apply, not to the worker, not to the drone, not to the queen.

      It's sheer hallucinatory anthropomorphism, as well as the fallacy of the stolen concept. When you tear a concept like slavery out of the conceptual context that gives it meaning you strip it of meaning, giving you a word game completely divorced from reality.
      --
      If laughter is the best medicine, who are the best doctors?
      • (Score: 0) by Anonymous Coward on Thursday January 04 2018, @06:55PM

        by Anonymous Coward on Thursday January 04 2018, @06:55PM (#617873)

        Well, I was thinking that Palahniuk was using metaphor to describe the men who found salvation through the eponymous fight clubs.

        But your criticism is well received.