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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) by tangomargarine on Thursday January 04 2018, @05:16PM (1 child)

    by tangomargarine (667) on Thursday January 04 2018, @05:16PM (#617804)

    The tech industry has a clear history of sexism and misogyny

    Oh get fucked, the tech industry has a long history of baseless assertions of sexism and misogyny.

    and dozens more from companies like Boeing, T-Mobile

    So it's not specific to the tech industry, is it? If you go to a place where there is a significant minority of a certain group (Microsoft employees) and take a large sample of people, then you will find some of those people in your sample. What you've found is that Microsoft employees are people too (crazy, I know), and some of them make the same kinds of choices other people do.

    Yet another piece of religious propaganda by the propaganda wing of the church of feminism (praise be the holy vagina).

    source [soylentnews.org]

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  • (Score: 2, Informative) by kurenai.tsubasa on Thursday January 04 2018, @05:57PM

    by kurenai.tsubasa (5227) on Thursday January 04 2018, @05:57PM (#617837) Journal

    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.