Crypto ‘Is the First Asset Class That Is Accessible to Anyone,' Says Blockchain Educator — Why It's Drawing Black, Latino Communities

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Crypto ‘Is the First Asset Class That Is Accessible to Anyone,' Says Blockchain Educator — Why It's Drawing Black, Latino Communities
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CNBC spoke with The Blockchain Foundation’s Cleve Mesidor about cryptocurrency’s future and how to keep the space from looking like the old world of finance.

in the cryptocurrency space, with much fewer women than men involved. What do you think the main reason for this is?Women are a fast-growing demographic in crypto, but the numbers are still abysmal. That's largely because women are often the heads of households and responsible for the livelihoods of their children and their parents, which impacts their tolerance for risk.We need to empower women and give them more information about crypto.

By talking to people about things like 'fractionalization,' meaning you don't have to buy a whole bitcoin, we will get more women. And the value proposition can't just be about becoming an investor. We must also emphasize opportunities for entrepreneurship, innovative career paths with remote work options, the ability to make a social impact and also highlight resources and education about how to reduce risk.

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