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Topic: Why do males make up 97% of the Bitcoin community? - page 5. (Read 3802 times)

copper member
Activity: 1050
Merit: 294
May be it is due to the interest level, as you see overall technology statistics the percentage of women in tech is too low as compared to the men percentage, this is the only reason i see that why men makes 97% of this community.
legendary
Activity: 3122
Merit: 1140
According to the website https://coin.dance/stats males make up 97% of the Bitcoin community. Why is the Bitcoin community dominated by guys?
You know man do really love on exploring new things specially when it comes on money making opportunities which Its just being a part of our human nature as a man to engage on this kind of stuffs which most womens doesn't really see any interest at all. Man do love adventures and technical stuffs and with bitcoin it can really caught up our attention but still there are women do jump in on bitcoin but on a really small ratio.
legendary
Activity: 2044
Merit: 1008
I am sure that the real percentage is much lower than 97%. Even during 2014, various surveys were showing that more than 15% of the Bitcoin users is female. That proportion could have increased by now. My guess is that now at least 25% of the Bitcoin user population is female.
legendary
Activity: 2842
Merit: 3518
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Scant methodology on the original source of this 97%... but there seems to be some minor literature on gender disparity with Bitcoin from 2012-2015. I like Financial Times who suggested that men liked Bitcoin because of drugs, porn and gambling (but neglect to address that research disproves this as women are only a slight minority when it comes to these vices).

Even the 2017 Cambridge research into Bitcoin skipped over gender, so we'll have to wait for a more definitive source.
hero member
Activity: 1680
Merit: 655
I agree with the date being inaccurate because how could you know the demographics of Bitcoin users if Bitcoin itself is hard to detect all its transactions? I guess that this percentage of males dominating Bitcoin is just a guess or an assumption maybe they have a survey of asking the first 100 people who are using Bitcoin and it just happened 97 of those are male. Also in real life experience I know a couple of friends that are girls who use Bitcoin.
sr. member
Activity: 406
Merit: 256
We live in a Patriarchal society. Men accustomed to taking responsibility for important decisions. The bitcoin is the brand new currency and so in order to become a participant of the new project it was necessary to have courage.
sr. member
Activity: 308
Merit: 250
I'm guessing that it has something to do with risk taking behavior. Males are much more likely to take risks than females, from running across a busy street to sky diving, and crypto trading is very risky business. So it probably appeals more to males than females. That's my theory anyway Smiley

I agree that Males are more risk taker than females even in business there are plenty of males who take the risk in jumping into business than females, I am not saying females can't make it because now a days what male can do female can also do it. It's all about how much risk they are willing to take.
full member
Activity: 686
Merit: 146
Interesting statistics! If this were the case, it is possible that more males engage in the Bitcoin community primarily because they are more interested in earning money? There are females who interest on earning money but perhaps Bitcoin does not interest them. Bitcoin takes some time to learn and use, and this kind of business may have made females skeptical and has discouraged them in using it. Anyway, I don't think a single cryptocurrency or financial system is sexist. This could only be coincidental.
sr. member
Activity: 644
Merit: 299
Probably because male are typical hustlers, we take huge risks and we are looking for every means to make a huge living so as to give our family the best life. I am not sure if the statistics are right though, but 97% is a very huge value, won't be surprised though judging from the bitcoin forum.
legendary
Activity: 1176
Merit: 1001
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Because men are more interested in technology and women are not very interested in it except the mobile phone. Men see crypto currency is like an opportunity that can give them an advantage therefore they will be active in bitcoin community.
hero member
Activity: 714
Merit: 500
According to the website https://coin.dance/stats males make up 97% of the Bitcoin community. Why is the Bitcoin community dominated by guys?
Regardless of the fact that this stats is true or not, I agree that crypto world is dominated by males, for two reasons. One you hardly find a female geek, so as geek world is dominated by males, it is kind of an obvious that crypto world is the same.
Secondly, in crypto if you don't want to invest money from the beginning, (mean you're not that rich) you have to waste a lot of time to get some coins under your belt, and women are less likely to do that. I feel they are more result oriented that their male counterparts.
sr. member
Activity: 406
Merit: 250
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Probably because most of the men think they have to work to make money. So they choose to work. While their women prefer to take care of the household rather than work.

I dont think this is the reason why male is dominating the use of bitcoin. We are already in millenium times. All the things the male can do can be done by female too. I think the reason why there are more male in bitcoin is because male has more interest in this line of job. And males are more dedicated when it comes to computer related works.
legendary
Activity: 2912
Merit: 1068
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World of technologies is still men's world and these few woman who are part of it often don't want to be revealed.I don't think they are less capable but they are not so interested in that field. Maybe wouldn't be bad idea to attract more women in cryptocurrencies but their men should try harder to explain to them all advantages cryptocurrencies can offer.  Smiley
legendary
Activity: 2954
Merit: 2145
According to the website https://coin.dance/stats males make up 97% of the Bitcoin community. Why is the Bitcoin community dominated by guys?

Because there are very few women in STEM (Science, technology, engineering, and mathematics). Feminists argue that men in those fields are biased against women and don't want to accept them, opponents argue that women naturally less interested in STEM disciplines. So, if you want to understand why there are less women than men (even though the data in your link might be incorrect), you should search for "Women in STEM" in general.
hero member
Activity: 840
Merit: 501
Because males are more curious about technology things, and male is more attracted on how to make more money, because it is male job to provide for family, and female are not really attracted to bitcoin
legendary
Activity: 1138
Merit: 1001
It's <97% imo but basically any activity that involves elevated levels of risk attracts males, predominantly younger males and they also have more successful outcomes.

As a survival mechanism humans have developed risk aversion. It's shown that 'X' loss is twice as painful as 'X' gain is pleasurable.

Risk aversion is counteracted with testosterone.

Trading floors for example are predominately male and despite the high & lucrative incomes, predominantly young males, (testosterone drops rapidly from late thirties onwards) indicating testosterone trumps experience.

Studies have also shown male traders with physical markers indicating high levels of testerone in utero earn 1100% more than traders who received the lowest levels of testosterone.

http://www.zerohedge.com/news/2014-05-16/wanna-be-great-trader-size-matters-finger-size

So Bitcoin or any other volatile/risky instrument will attract mostly males and they will be more successful with it.
hero member
Activity: 672
Merit: 500
I think women still think Bitcoin is too complicated to deal with it, and though most of them don't use it, and using fiat and cash which is simpler for them. In addition perhaps ladies fear taking the risk with the crypto currencies as the price go up and drop down.
sr. member
Activity: 378
Merit: 250
If this is so true that female only represent that 3% then maybe they are more skeptical than men or they are not that technical type of human beings.
Because we all know that the human nature of men are to do more adventurous things in life more than women does, and I think women thing the Bitcoin thing is a men's work, lol.

Plus how come they came up with this percentage? do they know the real numbers of Bitcoin users?
hero member
Activity: 854
Merit: 500
According to the website https://coin.dance/stats males make up 97% of the Bitcoin community. Why is the Bitcoin community dominated by guys?

Wow, this information really made me feel surprised, I never thought that the difference between men and women was too big. We often do not pay attention to it, but look, they do not like to explore and learn as we do, but they always demand equality.
newbie
Activity: 14
Merit: 0
According to the website https://coin.dance/stats males make up 97% of the Bitcoin community. Why is the Bitcoin community dominated by guys?
How can they confirm this when Bitcoin's supposed to be anonymous? I mean you can't trace back to who made the transaction right? So how can this even be accurate? I NEED STATS
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