NYT: Cryptocurrencies Are Sexist
02/25/2018
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From the New York Times:

Women in Cryptocurrencies Push Back Against ‘Blockchain Bros’

By NELLIE BOWLES FEB. 25, 2018

PALO ALTO, Calif. — … Virtual currencies and blockchain, the digital ledger that forms the basis of the cryptocurrencies, were intended to be democratizing and equalizing forces, buoyed by a utopian exuberance. But women who have been trying to participate in the gold rush are finding a lopsided gender divide. And some say the culture is getting worse, with the male-dominated culture buoyed by a new fleet of wealthy crypto speculators known as “blockchain bros.”

Obviously, crypto-currencies (which may blow up the world or make it much better, don’t ask me, I don’t know) are totally sexist. The only reason Satoshi Nakamoto’s idea has swept the world is because his strong handshake, curly blond hair, red beard, green eyes, mole on his upper lip, Heidelberg dueling scar on his left cheek, and deep gravelly voice with a Frisian accent gives Satoshi his White Male Privilege.
That means the budding world is already in danger of looking like the rest of the technology industry, where women are decidedly a minority. Some studies estimate that women account for only 4 percent to 6 percent of blockchain investors. That imbalance matters because the early days of an industry are often when the fortunes are made — and those big winners then choose whom to invest in and what to build next, launching a cascade of consequences.
It’s almost as if a woman had wanted to become a billionaire for inventing bitcoin, she should have, you know, invented bitcoin.
Now, some early female investors and entrepreneurs are beginning to sound the alarm and push back.

“Women, consider crypto,” Alexia Bonatsos, a venture capitalist, wrote on Twitter. “Otherwise the men are going to get all the wealth, again.”

Also, how come Nigerian princes are getting all the email money? Where are the Nigerian princesses?

[Comment at Unz.com]

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