Does Crypto have a Gender Norm?

Friday, September 3, 2021 at 5:36am

In a world with a record of discrimination, is there any surprise the men rule the crypto domain? Twice as many men as women invest in cryptocurrency according to CNBC and Acorns Invest in You: Next Gen Investor survey. With this being said only about one in 10 people in the US currently invest in cryptocurrencies, but so far the industry has not made its way to women. Black women are about half as likely as Black men, one-third as likely to own real estate, and one-fourth as likely. Black and Hispanic women still have lower rates of investing relative to white women. Is this because women feel it’s not their place, and crypto is a “man’s” realm or is it because the domain doesn’t present itself as something for women?