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Author Topic: Women using Bitcoin  (Read 2427 times)
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November 23, 2024, 12:06:45 AM
 #1

Does anyone know if more women are joining the Bitcoin bandwagon? I mean, the industry has always been dominated by men. But with BTC hitting the spotlight again due to a new ATH, things could change. Is there some sort of statistics/data/analytics regarding gender adoption of BTC? I'm curious to know.

By the way, I'd like to know what do women find attractive in Bitcoin (compared to men)?

Your input would be greatly appreciated. Thanks. Smiley

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November 23, 2024, 01:16:08 AM
 #2

Does anyone know if more women are joining the Bitcoin bandwagon? I mean, the industry has always been dominated by men. But with BTC hitting the spotlight again due to a new ATH, things could change. Is there some sort of statistics/data/analytics regarding gender adoption of BTC? I'm curious to know.
Quote
42% of men ages 18 to 29 say they have ever invested in, traded or used cryptocurrency, compared with 17% of women in the same age range.
36% of men ages 30 to 49 have done this, compared with 15% of women in this age group.
https://www.pewresearch.org/short-reads/2024/10/24/majority-of-americans-arent-confident-in-the-safety-and-reliability-of-cryptocurrency/

Note that this is just from the US. But it seems to be the most recent one and it’s always important to check the dates of these statistics to accurately reflect the current situation. I mean for sure there are people who use crypto that weren’t part of this survey but I think it’s safe to assume that men do indeed use crypto a lot more than women.
Quote
By the way, I'd like to know what do women find attractive in Bitcoin (compared to men)?

Your input would be greatly appreciated. Thanks. Smiley
I don’t think there’s any difference. Crypto is crypto. What men sees is what women sees and that’s the chance to earn and invest in our future. But I think that back then a lot of women were avoiding crypto because they lack trust and they are more likely to want to avoid any kind of risks compared to men.

But now times have changed and crypto is no longer the mysterious little thing no one is sure about. It’s almost becoming a mainstream phenomenon and is well known by almost everyone. Both genders and of all ages.

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November 23, 2024, 01:38:27 AM
 #3

As we all know, Bitcoin has always been seen a high risk investment, that's why it’s not surprising that men who tend to be more risk-tolerant, dominate the space. However, there are also women with significant involvement in the bitcoin world and we can assume they are holdign as well.

here are the top 50 list published from this website

THE TOP 50 MOST INFLUENTIAL FEMALES IN CRYPTO

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November 23, 2024, 02:06:19 AM
 #4

I've encountered a few of those statistics/data/analytics in the past. I'm not interested in looking for them, though. For one, I highly doubt their accuracy. Second, and more importantly, this is one of those things in which gender doesn't, or shouldn't, really matter.

I'm speaking from a free country, though. From here, access to Bitcoin doesn't discriminate gender. It's certainly a different story, however, if you're under Taliban rule, for example, or living in a strictly Islamic country like Iran or Saudi where gender biases are prevalent.

It's probably safe to assume that, at this point in time, both women and men are attracted to Bitcoin because of its price. Both among men and women, there are of course some who are truly interested in the technology.

As we all know, Bitcoin has always been seen a high risk investment, that's why it’s not surprising that men who tend to be more risk-tolerant, dominate the space.

Men are more risk-tolerant than women in some areas. In others, however, it's the other way around. Although, yeah, studies are generally saying women are more risk-averse than men when it comes to financial decisions.

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November 23, 2024, 02:56:38 AM
 #5

It’s true, Bitcoin tends to attract more men when it comes to usage and investment. But let’s not forget, there are women out there making waves in the crypto world too. Take Maya Parbhoe, for example. She’s running for president with a platform packed with pro-Bitcoin policies.

Meet Maya Parbhoe: The Pro-Bitcoin Presidential Candidate Who Wants to Save Suriname
Maya Parbhoe Vows to Make Bitcoin Legal Tender

If she manages to become president and make Bitcoin a legal tender in her country, that’s a huge win, not just for Bitcoin but for inspiring more women to trust, use, and invest in it. Sure, women may still be a smaller group in the crypto space, but their numbers can grow over time. That said, it's still undeniable that men will probably always have the bigger share in this space, but that doesn’t mean women can’t make a major impact.

 
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November 23, 2024, 03:00:59 AM
 #6

Nowadays many woman searching for online income, investing options, definitely they know about bitcoin. I found few ladies using bitcoin in some forums.
Similarity between bitcoin and woman are mood swings, can't understand easily.😀
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November 23, 2024, 05:59:57 AM
 #7

Women interested in Bitcoin or crypto in general are increasing from year to year and we know for sure that it happens because Bitcoin is getting more famous and also women who see good opportunities when involved in the Bitcoin world such as becoming investors but as a miner I think it will still be dominated by men.
According to this article, women who invest are dominated by young women, I think it's because they are more receptive to change and curious to try something new.
https://cointelegraph.com/news/women-in-crypto-an-overview

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November 23, 2024, 06:15:50 AM
 #8

Does anyone know if more women are joining the Bitcoin bandwagon? I mean, the industry has always been dominated by men. But with BTC hitting the spotlight again due to a new ATH, things could change. Is there some sort of statistics/data/analytics regarding gender adoption of BTC? I'm curious to know.
I have noticed an increase in women getting involved in the industry even though they are not explicitly using bitcoin. In the past few weeks I have been contacted by a few female friends and they started asking about bitcoin and strangely they didn't like bitcoin at first but after seeing bitcoin hit its all time high they started to get interested in discussing it. I didn't try to explain anything because I think they need to understand investment based on observation so that any risks that occur don't make them panic and have problems.

What I am saying is that there is an increase in women involvement in the industry and there are even more women involved in trading now in my area especially.
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November 23, 2024, 06:49:46 AM
 #9

By the way, I'd like to know what do women find attractive in Bitcoin (compared to men)?
Bitcoin Community Demographics (powered by Google Analytics) from Coin.dance can be helpful for you. It shows Bitcoin engagement by gender as 85.8% for male, and 14.2% for female.

Another research from Cambridge.
Crypto and financial literacy of cryptoasset owners versus non-owners: The role of gender differences.

In general, men are more interested in Bitcoin and cryptocurrency than women.

R


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November 23, 2024, 07:27:29 AM
 #10

We know how risky the crypto market is and how much risk crypto users have to deal with. Since women's ability to take risks is lower than men's, it is natural that the number of women in the Bitcoin market will be lower. However, it would be wrong to say that women do not contribute to the crypto market. The number of women in the crypto market is increasing day by day, keeping pace with the success of Bitcoin. Top 60 Female Crypto Influencers in 2024











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Helena Yu
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November 23, 2024, 08:03:05 AM
 #11

Without going over statistics, I also believe men are more interested with Bitcoin than women.

When people are talking about investment, most women will discuss about time deposit and debt securities, you know the lowest risk investment. While men, it's really varies, they can discuss from the lowest risk to highest risk investment.

In crypto, most women are work as a brand ambassador, but the other thing are dominated by men.

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Ambatman
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November 23, 2024, 11:35:53 AM
 #12

Bitcoin is Gender inclusive and all genders can participate.
There quite some women though the ratio is low in Bitcointalk
That have contributed to the forum growth
Through their technical skill, general or economical skill.
Now what do they find attractive about Bitcoin?
The same thing men find attractive about Bitcoin is what women also find attractive.

Now the Industry is dominated by men because of it's connection with Finance and technology which are dominated by men
Since men are less risk averse than women.

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    No @1.15         Yes @6.00    
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November 23, 2024, 11:40:09 AM
 #13

Gender discrimination, OP? What kind of statistics are these that are supposed to indicate the number of women interested in bitcoin? How can you know such a figure exactly? How can you even compile it? Do you specify gender when creating a wallet? Women are not inferior to men these days, not to mention that in some countries it is becoming very fashionable to change gender to the opposite. Can you identify those moments in which it is not typical for a woman to learn something new, invest, or even run her own business? What can a man see and understand that a woman cannot? If understanding bitcoin investments is very difficult for you, then are you really who you say you are, based on your question?

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    No @1.15         Yes @6.00    
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November 23, 2024, 11:51:58 AM
 #14

Women are not joining the Bitcoin thing, only smart women are getting involved with Bitcoin. The Bitcoin trend if they come together and talk about it, the percentage will slowly increase. That's why Bitcoin needs people who are willing to explain the advantages and benefits of Bitcoin even though the risks need to be explained.
Data, statistics on Bitcoin adoption by gender, I don't really care though some can show links.

R


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November 23, 2024, 11:55:24 AM
 #15

I don't have any statistics of women into bitcoin and I believe that it will be hard to compile such information because bitcoin is used anonymously. However, my elder sister is into bitcoin after I introduced her to it and she accepts bitcoin in her business. She is an investor and intend to hodli for long. She said that she loves the fact that nobody knows if she is investing or not, unlike shares and keeping money in the bank that will be noticable. Secondly, that she can convert it to cash whenever she wants without any delay or use it to purchase goods from her customer oversea without paying any extra fee.

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November 23, 2024, 11:58:33 AM
 #16

Does anyone know if more women are joining the Bitcoin bandwagon? I mean, the industry has always been dominated by men. But with BTC hitting the spotlight again due to a new ATH, things could change. Is there some sort of statistics/data/analytics regarding gender adoption of BTC? I'm curious to know.

By the way, I'd like to know what do women find attractive in Bitcoin (compared to men)?

Your input would be greatly appreciated. Thanks. Smiley
women are not good at taking risk and I guess because of that, the ratio of women in the crypto space is still relatively small compared to the male counterpart. usage of bitcoin is a totally different thing and even though there might be a handful of them that might have made use of bitcoin at some point in time, you can't really see them being actively involved in bitcoin related conversation and their number on the forum clearly shows it more evidently.

even without doing any serious research, its normal to observe that any technical niche you will normally think of always lack women maybe because they are not wired that way. the fact that bitcoin is an all-inclusive currency doesn't mean that users across the gender cycle views it potential the same way. women are very calculated of how much they will want to be exposed to risk most especially as it relates to the issue that's bothering on finance.

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November 23, 2024, 12:23:12 PM
 #17

We know that men has more interest in the crypto market but I believe that the number of women who has pick interest of investing into Bitcoin has increased over the year if being compared to numbers that we had about four to eight years ago. What I think has interest woman to develop interest in crypto is not different from the  same interest with me. First is to make profit and second is a less hassle investment, no stress and many more pretty reason.

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November 23, 2024, 12:37:06 PM
 #18

Men that are using bitcoin are much than women that are using bitcoin, because men have the mind to take any kind of risk to make income, but it will be difficult for women to embark on such risk because they have the spirit of fear which is the reason they are afraid to have access to bitcoin, men are plenty in the industry because bitcoin is their source of income and they are ready to invest huge amount of funds on bitcoin because they know what they are going to achieve when the price increase double.

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November 23, 2024, 12:47:05 PM
 #19

Definitely, I know a lot of women who invest in Bitcoin, and also work in crypto industry. I never think that all investment, Bitcoin included, is related to gender. Men and women have the same opportunity thus make both men and women will have the same interest toward investment, I mean who doesn't want to gain financially. I dare to say that the percentage may close to 50:50 between men and women on Bitcoin and crypto industry, or at least 40-60 in favor of men, but still, Bitcoin is genderless, anyone can join. 

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November 23, 2024, 12:55:11 PM
 #20

Anyone can use it and I have no accurate evidence, and in the crypto world or those who use Bitcoin, of course the number of women is less than men. However, it does not mean that there are none at all and there will definitely be women who use it, especially women who are forward-thinking and like new technology, who can easily understand and know Bitcoin well enough to get involved, but most of them do it with careful consideration because women are more risk-averse especially those who are married.
And if I see it in real terms with people I know because I have a crypto or Bitcoin user group, specifically for people around me and there are some people who are far away, even then they can only enter because of some group admins. And I see there are many women in it but most of them are still single and there are still more men, and Bitcoin is a freedom that I think over time there will be more female users but it will not exceed the number of men.
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