Why I Think More People (Especially Women) Need to Tune into the Crypto Convo
Matthew, @liveyourdream made a comment on my first post welcoming me & stating how I should check out Jane, @paolajane ’s feed because he thought even more girlpower on crypto in Steemit would be nice. Her profile is amazing, but it also got me thinking:
How can we encourage more people to join Steemit and the crypto world, especially females?
When I am in public and talking about cryptocurrency (often it is at the gym), a stranger will chime in and say, “You follow cryptocurrency? Me too!” I love that feeling because it’s an instant bond with someone I have honestly just met seconds prior.
There is a lot of buzz around crypto, I don’t believe that the hype is undeserved. I personally think that blockchain technology is here to stay & can’t be ignored. The tech behind it is revolutionary & can steer us into an even better world.
It’s not all sunshine and butterflies and lambos though with cryptocurrencies as it is still extremely volatile (and has been the past 2 months and multiple times in the past).
For example, Bitcoin had reached almost $20,000 mid-December and hit a low of around $7,700 at the beginning of Feb. Additionally, many alt coins were taking steep plunges.
However, if you find a coin that you truly believe in (I’m talking the mission, what it serves to accomplish, etc.), you can handle the roller coaster because you see the bigger, long-term picture.
Despite the risk from the volatility, there are opportunities especially financially for new people to get involved, specifically women.
Only 5-7% of Cryptocurrency Users are Women
This statistic came from Forbes.
As a woman who is interested in blockchain technology, I found that statistic alarming and think that there are a few problems with it:
1.) The success of cryptocurrencies does depend partly on mainstream acceptance of blockchain technology. The more people that don’t see it as a threat or a bubble, like many articles claim, will only help see its adoption in our everyday life that much sooner. If we are missing a majority of a gender in this category, then I see that as an issue. I think that as time passes, people will have to adapt to this new technology no matter what, but I would like to see more women at the forefront taking advantage of all the opportunity just as males are.
2.) The gender gap additionally shows that women aren’t perhaps receiving all information about crypto. The good thing about the media is that it can help share big partnerships with corporations and blockchain and further the excitement about this new future. However, the bad thing about the media is that it also skews people’s perspective of crypto to where they don’t even want to learn more because they think they have heard enough about how it is a scam, a bubble, not going to last, and a million other reasons. Essentially, we are seeing a lot of the “centralized” world spread FUD about the “decentralized” world … because I think they are yet to fully understand it. Being that a majority of people consume their media from these large platforms though, that is why I think they aren’t getting all of the right information.
3.) More and more jobs are/will be opening up for people who have blockchain expertise or knowledge and it would be great to get some women filling these jobs. It’s a new enough field to where women can join and grow with the industry as it evolves. Women often advocate for equality in the workforce and giving them the resources/having them take the time to understand it will help us diversify this industry even more. :)
The Opportunity
Where I see an opportunity, is to make it a point to further educate women on this changing technology world around us. To share with them the basics of blockchain/crypto, the positive impact that it could have on the world, and how to navigate this space that seems like is already too far advanced for new people to join in.
It can be intimidating to learn a whole new industry, but with a good amount of research under someone’s belt, it makes everything exciting & they can take part in this next stage of the future! Not going to lie, in the beginning of my journey I was very intimidated by this topic and didn’t understand because I couldn’t properly conceptualize it in my head – “money that is a means of exchange but is digital and can fluctuate in a matter of hours (who am I kidding, I mean MINUTES… or seconds)?” However, I researched, I learned, & I got pretty freaking excited about it all haha. What we’re seeing are real solutions to real problems.
Of course, there are women in the space and influential ones at that, but there’s room for growth in the sector & I would like to do my part in encouraging that.
Crypto isn’t all about investing your debt and making enough money to buy a lambo. It’s about changing many broken & outdated systems out there and making them more secure, safe, and efficient.
So, coming from a woman, I encourage you to support those close to you and the women in your life to join the crypto conversation!
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Most girls i talk to about crypto think it's so stupid lol
Haha it'll just take some time, but keep chatting with those girls about it! I find that when I bring up companies that people are familiar with and how those companies are investing in blockchain tech, it makes people change their demeanor a little & they are a little more open to hearing more.
i doubt most woman would care about crypto untill it becomes mainstream. They are not even interested in technology. You know how many women do stem. Not many. We should get woman to at least understand what a cpu stands for before we try to get them to understand cyrptocurrency.
Which cryptocurrency you are working with?
@theaudgirl, thanks for putting this post out there. it means so much to me.
I had the desire not only to see women talk about crypto but for them to be actively engage in crypto until they have their names on one of the highest earner of crypto.
I had to start with my immediate environment which was why i had to talk to my wife to check and read up on crypto and she is so super excited about it.
She has started with steemit now, at least its a good place to start.
Thanks once again @theaudgirl dear
I think Steemit is a great place to start for women to get excited about crypto and even better, make them want to learn more! What is her handle?
Thanks for the comment btw. I am grateful for such supportive comments.
Hey, thanks for your response. Her handle is @phinaloly.
If people are not interested, just ignore, it will be there loss, we need them to feed the fomo later anyway. People generally think things are stupid because they think they know what is "cool", but they really don't know. I increased my portfolio by 10 times by the end of the year, that is cool, and interestingly that is when the women around me decided to listen. I have told people about steemit and they are like meh... You can generate more crypto on steemit then small scale mining.
On women, they need to understand the risks, therefore I disagree with the second point. On information, women need to adjust where they are getting information from, western mainstream media is very negative on the crypto, by the time this changes all the enormous gains will be gone and we will be in bubble territory. When the risk is gone so is the return unfortunately. But ask a Japanese woman about it and it will be a slightly different story, the Japanese are quite positive on the use of cryptos, despite the recent hacks even.
Maybe the Japanese have a higher IQ from all the fish they're consuming. I mean there has to be a reason although people from Asia do seem to save much more it seems and thus crypto is a logical investment if you see all the weak currencies like the yen and CNY.
I believe the Japanese government is not opposed to crypto, I am not sure if they save more (with near 0% or sometimes negative interest rates) but it does make a logical investment because of the volatility compared to traditional hegemonic financial system.
I've been trying to get my girlfriend into it, but I think she's seen too much spammy stuff surrounding it so she isn't willing to look into it.
That's the issue that I find with speaking to others about it.. they are already closed off to the idea before really listening to what I have to say. Just keep working at it and highlight how this new future would specifically even change her day-to-day life and job since I think crypto is set up to change almost every industry.
Yes, I need more friends
hi need some followers
wer braucht die nicht?
Meinungen sind Unterschidlich
I know some women that are heavy into crypto in a big way, but many more think its a bit crazy. I agree with you though that we need to support the better part of the population getting into crypto.
It's truly amazing how great the transparency system is on Steemit and how it makes the whole platform more win-win. Since it creates more real trust. And as you say people are incentivized to behave well since they have a reputation score they want to keep up! This creates way less spam and creates an overall better user experience. We have so much free time these days and taking 10 minutes to care about someone else by producing some value to them will be so rewarding for both sides! I want to see Steemit be the best company in the world when it comes to transparency and communication!
That sounds good. I only wonder if it is really true. I guess one will also see a whole lot of spammers and scammers when there are a lot of rewards for them to try to get their hands on
Its wise to be cautious about cutting and pasting the same comment as replies to people. This is considered comment spam and may be subject to flags from the community.
Yeah I agree with you.. :)
I really believe that steemit is a sleeping giant in cryptoworld! It offers a very unique platform wherein we can share ideas, opinions and interact each other. Most of the ico's nowadays were lending and staking platform and sad to say that many of our fellow cryptonians were feed-up and frustrated with this kind of platform due mainly the tragic end of BCC and dav.
It is not that hard to encourage people to join steemit since it is the social media in cryptoworld. Just share, greet and interact with our fellow steemians and soon $$$ will just knock in our doorstep. Just keep on steeming! 😊
I completely agree with all of that & I do think that new people will be open to trying steemit since as you stated, it's the social media of the crypto world! It's something that people will be familiar with since social media is already such a large part of society right now.
Thank you for the thoughtful comment & I can't wait for more people in the world/cryptoworld to see how steemit is here to stay & such a valuable asset for information & its community of positive people.
I think crypto currency will our future mony for digital world.
90% of all crypto currency investors are Asia or Caucasian men.....
Putting aside gender completely, based on innovation and adoption (mining, business, legalities), the majority of cryptocurrency adopters are Asians (I'm including Russians as Asians since most of Russia is in Asia).
In fact, Singapore even went further than Switzerland in terms of the law regarding cryptocurrencies. So Asia will continue to grow in this area.
yes boss agree ...chaina japan korea has 70-80 percent holding in crypto .....n its not a womanic job ......thts why woman dont come ....
So, you're saying we can't blame it on white men this time?
Yeah I agree with you. But now our country have many booth of crypto currency.
Prolly women dun like the long public and private key numbers plus math is one of the subjects that are not a favorite one specially crypto can be confusing to understand
It can be confusing and intimidating to join at first, but I think if we encourage and support more women to get involved it would benefit crypto! Of course, if only they have genuine interest in the topic though. Don't want to force anything. :)
Lots of women will soon join the crypto world because it will replace fiat money :)) hehe...so everyone is gonna be forced to get involved in one way or another...that would be great because it will grow faster :)
Agreed. Most ppl think its gambling and prefer to stay on the same side though :(
women especially housewifes can encash their freetime in doing research in crypto and start investing in it for long term benefits
Yes, I've been trying to get my sister to join instead of blogging. So much better here!
Yes, exactly. :) & i do think that once women see the positive impact of crypto & dive into researching, they will see that we can have an even better world with what these coins and technology aim to solve!
Wait until all those "mom bloggers" find out about Steemit. Crypto explosion.
Women empowerment everywhere..👍 if they think like a man then they will sure start to talk about crpyto because it's about the circle of people where you are living. If that circle talk about crypto, man or woman no matter what gender they are will sure talk about crypto.
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everybody needs to get in blockchain will change the world
YES. no longer can be ignored.
hey beautiful i like this post, woman power