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Prior to , these numbers were reflected even more poorly in the Bitcoin arena. So why the change in ? While no one knew exactly who started the digital currency, as its founder Satoshi Nakamoto is a pseudonym, one that has never been attributed to any one person or group of people.
But, the currency got its start in the ultra-male focused field of technology sciences, going even deeper than standard IT circles - into the mega geek recesses of PC gamers and cyberpunk communities. The original forums and social apps that promoted bitcoin, like Reddit and 4chan, are still to this day marketed to and largely populated by males. To the point that bitcoin and blockchain industries pre-late were having meetings in strip clubs and the virtual backrooms of these male-centric digital social clubs.
Whether this was an active effort to shut out female participation, or just a natural expression of a historically male-dominated field is up for debate. Why Women Choose Bitcoin It was thought that this disparity exists largely because of the underground origins of the coin.
Bitcoin was first made famous for bent-truth applications like purchasing illegal pornography, drugs, and even weapons or hitmen on the dark web. That left many to wonder just how true those original claims were. Either way, women have been slow to adopt digital currencies and blockchain technology.
Some of the modern spins on evolutionary theory proclaim that this is because of the difference in the social values of many women, where concerns lie heavily with supporting families. Women are found to be far more risk-averse than men , suggesting that choosing to delve into budding tech businesses and highly volatile market speculation is less likely to appeal to women on a psychological level.
Which may explain why the crypto industry is only really starting to capture the female interest and adoption in The industry is somewhat more established. The dollar valuation of Bitcoin is somewhat stable, at least compared to the past. More women are starting to show up as investors, traders, analysts, journalists, developers, and startup leaders. More ICOs and blockchain startups are being spearheaded by women in Tezos, arguably one of the most exciting ICOs since Ethereum is co-founded by a woman.
Changing Times The increasing interest from women may make sense, especially when weighed against the historic participation of women in business fields. There really are a lot of us. McAdam, a former executive at other mobile payments executives, is one of its highest ranking executives.
She also now sits on the board of the Bitcoin Foundation. She is entrepreneur in residence at the non-profit accelerator StartX, and is part of Start Bitcoin, a group of entrepreneurs advocating for digital currency technologies. In March, she was named chief executive at this recently launched trading platform.
The perception that there is a dearth of women in bitcoin harms efforts to change it. We love the women in bitcoin and we want more of them. The community was small, and there were no forward-facing female advocates.
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