For those of us that live and breathe Bitcoin, WE GET IT! We understand that we are part of the “next big thing”. We know that we are sitting at the threshold of the next financial and technological revolution. We are the ones that are living on reddit.com/r/bitcoin, reading Coindesk and CoinTelegraph every morning, and have our twitter feeds set for everything crypto. But for the remaining 95% of the world’s population, Bitcoin is just a word they have heard but don’t understand, not unlike Net Neutrality.
I seem to make a habit of being a part of male-dominated industries. My first career was in public policy, putting me in a minority much of the time as I sat in think tank seminars and news conferences surrounded by a sea of grey suits. Politics has at least become a bit more female in the last 15 years and several leading British think tank directors are now women. So surely it was high time for me to move into another male-dominated industry.
About a year ago today I moved into the bitcoin media. The subject was new to me, as it is for most on bitcoin planet – even the most well versed. I had been following the news for a couple of months, but only what the larger channels were reporting.
Bitcoin is extremely complex, and the newness of it for me at the time has probably served me well in my job; made me slow down a bit, spend extra time to understand what I was being fed, try to see why anything I ever report could matter to non-bitcoiners.
International Women’s day, it is. Just another ordinary day, we live.
As always, we live through a day as our grandmothers and mothers have, doing our best.
In a life as a woman, there are valuable skillsets and knowledge that can help the woman to thrive in her life. Those skillsets and knowledge work as a secret key to the path we desire to take. In the days when formal education was not allowed for women, learning to read and write was a big thing. There was a time when driving a car or getting a college degree was a big thing for women. In the Era of Technology, I believe all women’s must-have skill set is learning and adapting new technologies.
For centuries, intelligent women have pondered, debated and even changed the course of history in an attempt to answer the proverbial question, “Can we have it all?” As women, at some point in our lives, we’ve asked or have been asked this question. Some of you may be asking this of yourself right at this moment.
On February 27, 2015, California Assemblyman Matt Dababneh, chairman of the state’s Banking and Finance Committee, introduced Assembly Bill 1326, which would prohibit a person from engaging in California in the business of “virtual currency” without a license from the California Department of Business Oversight, unless such person otherwise qualifies for one of a limited number of exemptions. The Department of Business Oversight is the state agency that regulates a variety of financial services, products, and professionals, including money transmitters.
We have all seen the headlines – girls and women are falling behind in STEM fields. STEM, which is an acronym for science, technology, engineering, and math, is critical for learning of all kinds, and it can translate later in life to higher salaries and different kinds of job potential.
With so much information circulating out there, there’s bound to be inaccurate and, sometimes, downright misleading information about Bitcoin as well. Therefore, in recognition of International Women’s Day, I’d like to dedicate this blog post to address some of the common Bitcoin misconceptions that women may have, which is possibly one of the reasons why (despite its huge potential) so few of us are confident enough to deal in the Bitcoin world.
From what I’ve been reading online among female bitcoin bloggers, there are three major misconceptions among women as to what Bitcoin is and what it isn’t:
On March 4th, 2014 the federal government officially acknowledged the importance of digital currencies. Thomas J Curry, head of the US Office of the Comptroller, stated that digital currencies are “potentially revolutionary in their impact, and are advancing at a breakneck pace.” This announcement contrasts against the value of Bitcoin eroding by almost 75% in the past year. And just like the government, investors are still displaying substantial interest in digital currency companies. This sentiment is supported by the January 20th announcement that Coinbase raised $75 million in Series C funding. This is believed to be the largest investment ever made in a Bitcoin-related company. In total, Coinbase has raised $105 million in VC funding since its formation in 2012.
Here’s the deal, Ladies, it’s time you got your heads out of the sand and figured out what the heck this Bitcoin stuff is all about. From one chick to another, I’m going to keep it real – Bitcoin is the credit card of the future and all you fashionistas out there need to recognize its potential. Let me give you some practical ways Bitcoin is going to change your lives.
Read more »