My wife has always has this attitude towards my crypto interests – "Oh you mean your toys/play money/hobbies/”. That being said I managed on 2 occasions this year to give her a pretty long lessons on BTC, followed by such explanations about Bitshares. I finished those with my opinion that Bitshares X has a good chance to change the world. ..The first clue as what is to come should have been when BTSX finally launched. I told her about it, and reiterated my great expectations. She then ask – “Why don’t you put more money in?”. Well I did short of that suggestion, I just liquidated all other hedges, diversifications in other crypto and bought more BTSX .When my newly acquired BTSX (those that I bought after launching the chain) doubled in price last week, I let her know; as well as how many more times this doubling has to happen before we become millionaires….(I realize the potentially misleading way to put the info like that).
This leads us up to yesterday, when my wife drove me in a total state of surprise. First during the day after exchanging 2-3 sentences about BTSX , she surprised me by saying – “I want my own money in this thing.” As surprised as I was to hear that, I selfishly though – “Well maybe I was way too convincing. I should dial it down…maybe”. We came back home, I checked the prices… up 55%... I went back and said “Honey, about those $2000 bucks… are you sure the price is up 60% again” hoping that this will make her think twice…but the next sentence put me in total shock - she said “I said, I want my money in!”
Now I do believe that the average woman is a better investor than the average man. Additionally my wife has a ‘solid’ financial background. First her graduation paper (it is not the same education system as in US so it is hard to explain what exactly it is, but it is generally a 3-6mo. research project at the end of a Master’s degree, although her degree was not in finance) was in financial derivatives. And since then she has also become a CPA, so definitely not below average financial background, in my book.
This morning, giving it a bit of more thought, while staring at BTSX’ price… Do you realize that among other things, BTSX is also changing the current men to women ratio in crypto. What is it now 9:1… 8:2, I doubt it is any higher than 20% right now. This forum for example says (as much as this statistic can be trusted) 50:1 men/women ratio.