Three reasons why Bitcoin isn’t dead yet
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Felix Salmon, acclaimed journalist and notorious Bitcoin skeptic, made waves in the digital currency community this week by turning a review of Nathaniel Popper's forthcoming book, " Digital Gold ," felix salmon bitcoin values a lament about gender issues. In his post, " Why Bitcoin's Male Domination Will Be Its Downfall ," Salmon argued that the disproportionate number of men in the digital currency industry will hinder efforts to popularize bitcoin.
The fallacy of these two pieces is the rush to conclusion. Using scant and shallow evidence of women's participation in the digital currency industry to foreshadow Bitcoin's demise is not only erroneous, but also impertinent. Though the total number of women in Bitcoin may in fact be small, the collective impact of their achievements is unmistakably great. It's true that men far outnumber women in Bitcoin as is the case in technology felix salmon bitcoin values financial services broadly.
At the InsideBitcoins conference next week in New York City, only seven women will speak as panelists, compared to 92 men. But it's also the case that many of Bitcoin's women are the captains of industry. The whole of the digital currency felix salmon bitcoin values took to social media on March 8 to recognize women in Bitcoin and celebrate their successes.
Imagine if you were told, 'sorry, but because you're a woman, you cannot open a bank account. It only cares that you are willing to learn and do good work. Ferro is right that the industry's success will demand equal participation from both sexes. Salmon's more nuanced argument about the pitfalls of focusing on technology alone without thinking through how it will actually fit into real people's lives, however, is a lesson for all entrepreneurs, men and women alike.
There felix salmon bitcoin values no gender dis advantages to understanding customers or local market conditions. Before leaping to conclusions based on percentages and raw figures, it's prudent to look more closely at the real people behind those numbers. Confusing quantity for quality leads the reader astray, and discounts the tremendous value added by bitcoin's women to this rapidly growing industry. Sarah Martin is the vice president of the Digital Currency Councila professional association, and spearheaded the inaugural Bitcoin Women's Day, a new annual event and now yearlong industry movement.
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