The cryptocurrency landscape has exploded over the past few years, and its popularity amongst investors and traders has grown exponentially. Yet, despite its soaring popularity, the world of cryptocurrency remains male-dominated, leading many to ask: is crypto just a man’s world? Let us explore the reasons why this may be so.
The Female Uprising
The answer is a little complex. While it is true that men make up most of the crypto community as they do in many industries, women have now started to make their presence felt in recent years. A growing number of female entrepreneurs are entering the cryptocurrency space, launching startups and projects that are gaining traction and attention.
The Sad Fact of Recent Studies
At the same time, women remain underrepresented in the crypto industry. Recent studies have shown that only 5-10% of crypto investors and traders are female, and only about 20% of cryptocurrency companies are founded or led by women, with the rest being made up with the chauvinistic dominance as per usual.
The Problems Caused by Chauvinistic Dominance?
The lack of gender diversity in the crypto industry is a huge problem, and it has a number of negative consequences as well. For starters, it can be intimidating for women to join the crypto community, as it can feel like an exclusive boy’s club with little to offer the female. With this problem it can lead to a lack of diversity in ideas and perspectives, which can in turn limit the potential of the industry as a whole.
Are Women Still Underrated?
Moreover, the lack of diversity can lead to a more hostile environment for women in the industry with the common chauvinistic arrogance still predominant within not just the crypto space but the workspace in general. Studies have found that women in the crypto space face higher levels of harassment than their male counterparts, and they are often overlooked or ignored. A sad fact, but true!
Change May Now Be Upon Us
The good news is that the crypto industry is slowly becoming more inclusive and diverse. Organizations like Women in Blockchain are working to promote female leadership in the crypto space, and more female entrepreneurs are entering the industry. This can only be a good thing for the crypto space as a whole.
At the same time, more companies are working to promote gender diversity in the crypto space. Some crypto companies are offering scholarships and mentorship programs to help women get started in the industry, and others are providing resources to help women launch their own projects.
Note: The only problem remaining here, is that it is the men in majority that are giving these scholarships and mentorship programs out to the women. It is mostly the men that are deciding who and what opportunities the women should be given. Still with the upper hand to the men within the learning and opportunities curve!
Ultimately, the crypto industry is in its infancy, and there is still plenty of work to be done to make it a more inclusive space for all. But with more women entering the industry and more organizations working to promote gender diversity, the future of crypto looks brighter than ever. After all, who works better with the infancy; that is right, “women,” of which the men are extremely aware and fear!
Note: Written by a man who genuinely believes that this is not the way ahead within the world today. Male, female, black, white, or green; religion set apart: we were all born into the same space and should be duly given the same opportunities!
If there are any female authors out there who would like to contribute to Bitcoin Bulldog Blog; please contact us via email@example.com as we would be extremely happy to air your views on crypto!
Reference: Author: BitcoinBulldog.com 01-11-2023 All rights Reserved – This Article May Not Be Reproduced Without Prior Written Permission from The Author.