Accounting

Crypto, Ethnicity and Gender

Crypto is everywhere but the problem encountered when trying to persuade certain people to get into it is real.

Women have always lagged behind in financial matters; however, when crypto burst through, I felt it gave everyone a fresh start – a level playing field – but alas, not so. There appeared to be something about crypto that made a lot of women recoil.

I want to bring women especially those from ethnic minorities into the fold, and a good thing about my situation is that, as a fellow woman and a financial professional, I’m seen as credible, but the ingrained fear of the volatility and mystery of crypto is still a stumbling block. I wish I could say to some, “Hey, trust me, this is a good thing,” but I can’t make that promise. No one can.

Today, I held a client by the hand as I talked her through setting up an account on CoinMarketCap so that she could maintain a universal portfolio for tax and management purposes. What she really wanted to see was how much I had in mine. “Top secret”, I said. I think she took something away from the ‘free’ session. I hope she did.

Also, today, I showed a friend the upcoming options on CoinList. There were two – Braintrust and Immutable X – that I had registered for. I talked to her about the potential benefits (and pitfalls). She had heard about them but did not understand what they meant. She said she would register when she got home. I didn’t push it. Pushing is viewed with suspicion by many.

I checked on her later in the evening. Did she register? Did she need more help? She said she would like some more help over the weekend with registration. I may be applauding too early but one – one potential conversion – is very good news because as many people know, crypto is everywhere but the problem encountered when trying to persuade certain people to get into it is real.

About Phoenix

Accountant | Tax Specialist | Dreamy Entrepreneur | Blogger

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