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Widening Gender Gap May Affect The Future of Cryptocurrency

Widening Gender Gap May Affect The Future of Cryptocurrency

In the G7 Executive Talk Series briefing report, the critical role of women in the cryptocurrency sector is examined. According to the report, 95 percent of males are bitcoin users while on five percent are females. One key element explaining the cause of this imbalance is due to the psychological theory that men take more risks than women, according to the article.   

Steps to take to deter the gap include:

  • Dismantling the “geeky male” stereotype surrounding cryptocurrency
  • Exposing the younger generation of women to technological fields early on
  • Introducing Bitcoin technologies to more female-inclusive industries
  • Highlighting women in lead positions throughout the cryptocurrency industry to encourage women interested in entering the market
     

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