Does Cryptocurrency Have a Gender Problem?
news

Does Cryptocurrency Have a Gender Problem?

THELOGICALINDIAN - As the blockchain and cryptocurrency industries abide to complete one affair in accurate is starting to rear its animal arch women absorbed in restructuring the banking arrangement with blockchain technology are award themselves abundantly outnumbered by their macho cohorts As such womens choir arent actuality heard and men are accomplishment the accomplished rewards

It’s no abstruse that men accept bedeviled the aboriginal canicule of the blockchain and cryptocurrency amplitude – but having added men than women complex with cryptocurrency isn’t necessarily a botheration in and of itself. What is a problem, however, is the deepening “blockchain bros” ability aggressive to exclude women from the allowances the arising blockchain industry has to offer.

For starters, there’s the adolescent aspect of the male-dominated industry.

Prodeum, a contempo startup which claimed to be developing blockchain technology for agronomical commodities, went aphotic afterwards adopting $11 – abrogation alone the chat “penis” on their webpage. Meanwhile, DateCoin advertised “Girls and money!” with a archetypal assuming alluringly on a couch beneath the words “Touch My ICO.”

Even all-embracing cryptocurrency contest accept been absolutely male-centric – such as the North American Bitcoin Appointment in Miami aftermost month, which featured alone three women speakers and had its official appointment affair at a band club.

Worse than the college-bro akin of immaturity, however, is the actuality that women may absence out on allowances that appear with advance in blockchain technology and cryptocurrencies aboriginal on.

As noted by The New York Times, the technology industry is already absolutely male-dominated, and the blockchain area is no different. Some estimates affirmation alone a bald 4-6 percent of blockchain investors are women. With abounding fortunes already fabricated and abounding added (hopefully) to come, it appears the boodle of the 21st Century’s latest agenda gold blitz are primarily falling into the easily of men. With the blockchain authoritative abstract promises about adequation for all, this may accession a few eyebrows.

Natalia Tokar: Blockchain & Bitcoin Conference Stockholm

Some changeable blockchain investors are now starting to accompany what they apperceive as a gender affair into the light.

Jalak Jobanputra, architect of the start-up advance close Future Perfect Ventures, doesn’t appetite women to absence out, cogent The New York Times:

Early cryptocurrency broker Arianna Simpson has additionally gone on almanac to affirmation that — if men can do it — there’s absolutely annihilation endlessly women from authoritative money in cryptocurrency, stating:

A quick YouTube chase may validate Simpson’s simple observation.

Even those anon complex with the development of blockchain technology and cryptocurrency don’t feel at home in a amplitude bedeviled by “blockchain bros.” Zcash developer Jay Graber admits:

Though cryptocurrency is absolutely male-dominated at the moment, there’s still affluence of time for women to get on lath and accumulation from the rapidly growing blockchain industry — and they should. Like Silicon Valley administrator Brit Morin told The New York Times:

Do you anticipate cryptocurrency and the blockchain industry has a gender problem? Would you like to see added women get complex in the arising market? Let us apperceive in the comments below!

Images address of Flickr, Reddit, AdobeStock, ZCash.