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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 DeathMonkey on Thursday January 04 2018, @07:14PM (3 children)

    by DeathMonkey (1380) on Thursday January 04 2018, @07:14PM (#617887) Journal

    I thought the problem with taxes was that they're taken at "gunpoint." Not a lot of willingness there....

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  • (Score: 0) by Anonymous Coward on Thursday January 04 2018, @07:45PM

    by Anonymous Coward on Thursday January 04 2018, @07:45PM (#617900)

    Don't point out the intellectual hypocrisy, it just leads to ad-hominems and pointless discussions where logic is ignored.

  • (Score: 2) by The Mighty Buzzard on Thursday January 04 2018, @08:26PM (1 child)

    by The Mighty Buzzard (18) Subscriber Badge <themightybuzzard@proton.me> on Thursday January 04 2018, @08:26PM (#617927) Homepage Journal

    Your point? Mugging isn't by consent either but it does nothing to invalidate what I've said.

    --
    My rights don't end where your fear begins.
    • (Score: 2) by JoeMerchant on Thursday January 04 2018, @09:19PM

      by JoeMerchant (3937) on Thursday January 04 2018, @09:19PM (#617965)

      If I've got to carry "mug coins" to pass a neighborhood without being physically assaulted, and I want to pass that neighborhood, then "mug coins" do indeed have value - and will be fungible for other forms of currency, goods, etc.

      You don't have to like it, but there is a lot of value derived from unpleasant things.

      --
      🌻🌻 [google.com]