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Author Topic: Why are there fewer women Than men involved in Bitcoin?  (Read 562 times)
DaNNy001
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November 19, 2023, 07:29:32 AM
 #61

When I checked the statistics of women who are into Bitcoin and found out that they are less than 10%, it surprised me seriously. It is understandable when we see fewer women than men in sectors that require physical energy to carry out work activity like the military or in the engineering sector but when you still see this same work force difference in the tech and Bitcoin space that they can comfortably do at the comfort of there home, it gets me curious to know the reason that might have been responsible for this huge gap.

I would appreciate if we can talk about this here. What could be responsible for this?
I don't know how you were able to check the stats about this particular thought of yours but I won't doubt the fact though that they might be more men than women in the crypto space but there is this fact again around this logic which is the issue of every user involved in the internet is first declared as a male until its further clarification and even in the forum here it's a major thing. During the last community award here where users had to vote for members on some specific awards many people voted wrongly on a specific award meant for the lady of forum.

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November 19, 2023, 07:47:30 AM
 #62

So far what I have captured from the replies of the users is gender and responsibilities at home "housewife". Blockchain technology in bitcoin is not that complicated, it is not based on formal education with technology majors, both men and women have the same right to learn even from friends, in theory when we read about wallets it can be up to tens or even hundreds of sheets and will even continue to connect, I simplify that the phonecell version of the wallet is available completely and very concise for beginners, the principle is download => create a wallet => receive bitcoin, to understand the exchanger will be gradual and I don't think it will take up to 2 days to be able to have bitcoin, whether men or women at home or in the office there is no influence as long as there is internet access.
Women can experience an increased interest in bitcoin if a country has been bitcoin-regulated, suppose some service providers such as beauty salons, shopping centers, food, cafes or what women like have accepted bitcoin personally, I think it will make women learn from the easiest thing. No matter how much reading about bitcoin for beginners, the bright spot is how she starts buying bitcoin and storing it, either from today from the closest person or tutorials from famous cexes have facilitated for basic guidance. Women can use bitcoin anytime









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November 19, 2023, 08:33:12 AM
 #63

When I checked the statistics of women who are into Bitcoin and found out that they are less than 10%, it surprised me seriously. It is understandable when we see fewer women than men in sectors that require physical energy to carry out work activity like the military or in the engineering sector but when you still see this same work force difference in the tech and Bitcoin space that they can comfortably do at the comfort of there home, it gets me curious to know the reason that might have been responsible for this huge gap.

I would appreciate if we can talk about this here. What could be responsible for this?
OP you said here that there are fewer women than men in bitcoin. Yes Bitcoin has less women than men but the reason for less is explained differently by different people, I personally explained that women can't handle more work load. They always want to be independent. I asked my wife one day whether to start working with Bitcoin? My wife says she won't work on bitcoin. Why should I earn money if I marry? I know there are many women with the same mindset as my wife who will not make money. Because girls don't like to take too much pressure and working in Bitcoin requires a lot of pressure which most girls can't handle. And maybe this is the reason why girls are much less than men in Bitcoin.

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November 19, 2023, 09:55:27 AM
 #64

IMHO, this is an unimportant matter but just really a matter of discussion. But it finds interesting for those who are looking at this subject, it's because that we know that men are interested with so many things that includes computer, gadgets, techs, etcs.

But take a look at the known FTX debacle, who's part of that scam? A woman, a lover of the CEO that has stolen a lot of money from people.

So, you can't verily say that we've got less woman on this space. Let's say that it is a fact but you know that we've seen a woman who's been involved with one of the biggest fiasco on this space.



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November 19, 2023, 10:24:40 AM
 #65

From my understanding,  women are not much inclined to thongs they perceive to be risky as Bitcoin is made to appear. Many people really see Bitcoin as risky and that is what women are not ready to embrace easily. Women are very conservative and will not want to lose what they have.

However, there are also women that take more risk than men. They can do anything to make money. There was even discussion that women make better investors than men but there was no data to support this claim.

So there are fewer women involved in Bitcojn than men and that is understandable.

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November 19, 2023, 10:30:04 AM
Merited by fadhilz123 (1)
 #66

This for me, is a very shallow reasoning you have just given here. Playing around and not being serious with life isn't gender-related at all, anybody can choose not to take his or her life seriously and so I think it should never be considered in the first place.
A little surprised when you who created this topic actually consider other people's responses as very shallow reasons, so I need to know the deepest reasons you have for this. Because I don't think that people who have been successful in this world live in a way that is not serious, but on the contrary, they always work hard to be successful and this is clearly not limited by gender. And if you think the reason I have limited this to gender, it seems you need to re-understand what I said previously here.

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On your second point, people don't necessarily have to tell women about Bitcoin before they know what it is, as a matter of fact, the majority of those women who are not directly into Bitcoin or tech already know about it but for reasons best known to them, they decided not to venture into that field.
If you consider the second point to be important, what is your aim in creating this topic? Someone who doesn't know about Bitcoin certainly has nothing to tell his own woman, but does that also apply to those who already know Bitcoin? It seems that you prefer to think in one direction without changing direction into two sides in this case. Each person's life journey is different and each person's response to anything is different, so you cannot equate your thoughts with other people's thoughts in matters like this. Because telling a female partner about Bitcoin is very common even if the woman does not make further inquiries into what she has heard from her partner.

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November 19, 2023, 03:36:45 PM
 #67

I remember a thread on our board that we discussed this topic, and the data if I remember correctly was for 2020 and 2021, 8%, you don't mention where you get that 10% from or what date it corresponds to but if it is recent it is a significant improvement .

In reality they have been improving, but there is no precise cause for that and in any case this data only handles white papers, companies and all that information in the public domain and compares it in that same environment, so the numbers could actually be be worse.

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November 19, 2023, 04:46:36 PM
 #68

IMHO, this is an unimportant matter but just really a matter of discussion. But it finds interesting for those who are looking at this subject, it's because that we know that men are interested with so many things that includes computer, gadgets, techs, etcs.
Hmm, buddy, that is a good opinionions. I really appreciate your thoughts on this thread, but one thing I need to clarify is that the crypto space is surrounded by risk, and risk is a common matter in it. In fact, a risk can be taken by someone who has money. And if we talk about money, the majority of the world population man has much more money than women, because it is obvious that most business people in the world are men, so money is also with men. Women live with the support of men, whether they are mothers, wives, or sisters. Not all of them get their own money, but men give it to them, and this is not for all women; some of them are good with finances, like they do their own business, ect.

So I think there may be a reason why there are more men than women in the crypto industry.

The second reason is that women are narrow-minded; they cannot do complex work and are often afraid to do complex work. Therefore, don't you see that most of the inventions in the world have been made by men? Some of them have been made by women too, but the majority of gold medal winners are men. No one degrades women in this; they have their own services in their own places.

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November 19, 2023, 05:05:08 PM
 #69

Everything which demands to be pioneered will have less women involved than men. Women are less prone to take risks and will tend to seek for stability and convenience. Once Bitcoin becomes a normal thing widely adopted by the vast portion of society, without frequent waves of rage against it by the mainstream, women will feel more confortable adopting it for their lives as well, although since it's a financial matter, the tendency is that they still left it for men to take care of, with some exceptions, of course.

Anyway, it's likely the nature of men and women remain the same on long run, despite some social movements trying to invert the roles, which in fact are an attempt to subvert the natural essence of both, which have to coexist in balance in order to reach harmony and communion, which are also related to progress and evolution.

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November 19, 2023, 05:42:53 PM
 #70

Probably a combo of women being less involved in the tech and finance worlds, and it is people from those fields who were likely a lot of the first people to get into Bitcoin before Bitcoin became widely known in 2017.

Add to this the fact that men are simply more willing to take risks than women in general. Fewer women are willing to put their money into something as new and seemingly risky as Bitcoin. Probably just innate traits of men and women, women are instinctually nurturers and protectors, men are instinctually more action-takers and therefore risk takers. Men are simply more likely to put their money into a high-risk high-reward investment than women are. And as much as we all know that Bitcoin is hard money which is incredibly safe, people not well acquainted with Bitcoin just view it as a high-risk investment that has a lot of hype but always crashes, and they always assume at any given time it is too late to get in because whatever the last peak was must be the final peak of this high risk thing. Women are only more likely to believe that having less risk-taking instincts than men.

With both those things combined, Bitcoiners historically have been mostly men. Plus, now because there are many more men than women in Bitcoin/Crypto some women are stereotyping the space as being a male-only thing. And because the uninformed/misinformed view of Bitcoin is that its a bad thing, these women literally think Bitcoin is some male scam lol. They think anything to do with cryptocurrency means you're a "crypto bro" and that Bitcoin and Crypto was literally created to be some sort of male exclusive club for men. So some women are actively pushing a negative male-Bitcoin stereotype that just reinforces the already existing statistics of how many of each gender and into Bitcoin. Granted this is only a small minority of women but it just further diminishes the numbers of women vs men in Bitcoin.



I think the only way women start to catch up to men in Bitcoin is by getting the masses educated on Bitcoin so they know it is hard money and they understand the market cycles and they can understand that Bitcoin isn't just going to go away, that it doesn't just always crash but in fact always keeps becoming more valuable long term, and that it has nothing to do with men but is for everyone, and its just a revolutionary currency, not some risky get rich quick scheme. Bitcoin needs to feel like a safe investment for more women to get into it. This will start to happen once the masses are much more educated on Bitcoin and once the 4 year market cycle starts to fade away as adoption matures so that we don't get the giant long crashes every four years because non-risk-takers focus their attention on the crashes, not the long term gains, so they literally think Bitcoin goes down in price even though it goes up in price.
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November 19, 2023, 05:49:56 PM
 #71

I would appreciate if we can talk about this here. What could be responsible for this?
Bitcoin investment, knowledge and all whatnot may not be physically exhausting but the mental ability put into it for anyone interested in it isn't a joke. Women don't like what will stress them that much. Learning about Bitcoin is complex and technical. Again, Bitcoin started out with a lot of misgivings and misinformation as a scam. Thus, many people steered clear of it; majority were women. Till date, that misconception hasn't completely cleared in people's mind. Men can easily stomach loss but it's not that way with women. Women are often emotional around stuff like this. I think the loss part of this industry may not be what women want to deal with.

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November 19, 2023, 06:56:19 PM
 #72

Bitcoin investment or bitcoin trading is not something that one must come to air at anytime I still understand that bitcoin investment is not an open investment where one would come to always announced about their holding or the totality of their funds invested into bitcoin. Here is another cool place to say that we have woman as well even though we are few in numbers but yes it is not easy to actually scale through this part because I can say it's time consuming especially those who owns a family (married) it's very difficult to handle family and to dip down here to study things which you knows that would take time to be able to succeed. The most important thing is bitcoin investment doesn't consumed time rather one needs to be financially stable to be able to accumulate more btc through DCA, at the cost of doing this the female investors will not come to speak or post anywhere about her investment since women are more economical and also very secretive with their money.

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November 19, 2023, 07:54:34 PM
 #73

When I checked the statistics of women who are into Bitcoin and found out that they are less than 10%, it surprised me seriously. It is understandable when we see fewer women than men in sectors that require physical energy to carry out work activity like the military or in the engineering sector but when you still see this same work force difference in the tech and Bitcoin space that they can comfortably do at the comfort of there home, it gets me curious to know the reason that might have been responsible for this huge gap.

I would appreciate if we can talk about this here. What could be responsible for this?
The number of employable male youths is higher than that of female youths. That is to say in everyday life men seems to be more dominant in places of work and more. Men are natural risk takers and they don't think much before they can take risks.

This is unlike women who doesn't take risks easily and that is why they normally do not invest easily. Even when you check gambling statistics, I think women are not heavily involved in gambling. That is just their own way of life even if it is wrong.

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November 19, 2023, 09:35:09 PM
 #74

When I checked the statistics of women who are into Bitcoin and found out that they are less than 10%, it surprised me seriously. It is understandable when we see fewer women than men in sectors that require physical energy to carry out work activity like the military or in the engineering sector but when you still see this same work force difference in the tech and Bitcoin space that they can comfortably do at the comfort of there home, it gets me curious to know the reason that might have been responsible for this huge gap.

I would appreciate if we can talk about this here. What could be responsible for this?

Women actually have different investments than men, they prefer to invest in body care and beauty to attract rich partners lol. I still accept the fact that women are not really required to be involved in bitcoin, they should be able to focus more on taking care of the household and themselves, let more men get involved in bitcoin, we have to respect someone's choice of decision, if there are fewer women involved in bitcoin then just accept that.

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November 19, 2023, 10:22:48 PM
 #75

As others have mentioned, women are more risk averse than men, but there is a reason for it and it’s not because women are simple, weak creatures that only want to spend, they are risk averse because they usually are responsible for their children and family. Between feeding your kids and investing in a highly volatile asset, the choice for women is an easy one. And it’s not really a choice.

Furthermore, men hold most of the world’s wealth, women don’t accumulate as much money as men, therefore, they have less savings to invest - not just in Bitcoin, but in real estate as well, in Wall Street, etc.

Finally, women are usually kept out of tech/anon spaces. These spaces are very hostile to women, I mean, just read this thread, it reeks of contempt.
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November 19, 2023, 10:32:36 PM
 #76

When I checked the statistics of women who are into Bitcoin and found out that they are less than 10%, it surprised me seriously. It is understandable when we see fewer women than men in sectors that require physical energy to carry out work activity like the military or in the engineering sector but when you still see this same work force difference in the tech and Bitcoin space that they can comfortably do at the comfort of there home, it gets me curious to know the reason that might have been responsible for this huge gap.

I would appreciate if we can talk about this here. What could be responsible for this?
Men are definitely more technology inclined and are certainly more assertive when it comes to dealing and managing risk opportunities. With bitcoin, then its expected that men will be highly interested on it rather than seeing women conquering the crypto space. Although I have no against women being successful on bitcoin, but we can't deny the fact that men are more capable to succeed on bitcoin since they are not risk averse unlike women are.

However, we can still assume that in the future, both men and women will be able to achieve the heights of success with bitcoin. This is not really impossible because although women are risk averse, but with their various experiences in the realities about life, these women will come out powerful and risk takers just as men are.

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November 19, 2023, 10:42:49 PM
 #77

When I checked the statistics of women who are into Bitcoin and found out that they are less than 10%, it surprised me seriously.
It would have carried more weight if you shared the source of this finding because how do you carry out the sampling in the first place when users here choose to be whoever they want to be..male or female, hero or villain, etc?? Btw unfortunately these are usually biased numbers as they are based on assumptions afaik!

And considering bitcoin is an internet thing, don't you think women too use men's usernames to avoid being picked on or seen as the weakling, so the numbers stack up in favor of the men, if not maybe women are less risk takers and think bitcoin is high risk to try...the same concept insurance companies use to charge higher premiums for men than women.

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November 19, 2023, 10:56:08 PM
 #78

When I checked the statistics of women who are into Bitcoin and found out that they are less than 10%, it surprised me seriously. It is understandable when we see fewer women than men in sectors that require physical energy to carry out work activity like the military or in the engineering sector but when you still see this same work force difference in the tech and Bitcoin space that they can comfortably do at the comfort of there home, it gets me curious to know the reason that might have been responsible for this huge gap.

I would appreciate if we can talk about this here. What could be responsible for this?

Women are not always perceived as more hardworking than men. Men have always played a significant role in everything in the world before women entered the picture. Men are always the ones who pave the way for women to follow. When the path is clear and certain, women will follow in the footsteps of men. As far as I am concerned, Bitcoin is still a new technology; the number of people investing in bitcoin in comparison to the total world population demonstrates that it is a new technology that is still in its early stages.

I know there are women in the crypto space, and even if some of them hide their identities, they are still fewer than men. Bitcoin is for everyone, and I am confident that in the coming years, more women will enter the crypto space because of how valuable it must have been to the world by then, and no gender will want to miss out on its opportunities.

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Casdinyard
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November 19, 2023, 11:07:00 PM
 #79

When from the get-go you're told to stay in the kitchen (and I'm not saying this to sound misogynistic, I'm literally the last person to be a misogynist), you're bound to go wherever you're told to go as a kid. Males have a larger span of what they could do and couldn't do, while women get stuck with doing whatever they were told was cool, and not. Lately however, there's been a paradigm shift where more women are starting to take up jobs in the world of IT and cryptocurrencies adjacent, which means that we're going to get more women in this industry soon enough, and not only women that would invest, we'll have people of the fairer sex literally chipping in what they could to make this industry better and more amazing.

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nakamura12
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November 19, 2023, 11:39:42 PM
 #80

I am sure you know that men and women have different decision when there's risk involved. Men do have more courage to risk something but women do have but it's level is different from men. if you focus on different field in Cryptocurrency then you'll see that there are more women working in there. I think some women didn't share or expose their gender here in the forum and that's why you may feel that there's not much women here in the forum. I forgot where I have seen it but one of the of the NFT founder is a woman.

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