Wednesday, January 19, 2022

"NFTs are a 'fantastic gateway' for women to break into crypto: Zuckerberg Media CEO"

But not just one NFT, you want to build a portfolio collection, see after the jump.

From Yahoo Finance:

We are less than a month into the New Year, but so far 2022 has not been kind to crypto.

The price of bitcoin (BTC-USD), the granddaddy of digital currency, is off to its worst yearly start since the dawn of crypto, down roughly 40% from its all time high, and analysts are bracing for more volatility ahead.

But true believers are not backing off. While it’s mostly young men who are trading cryptocurrency, research finds a growing number of women are taking the plunge and even prefer trading crypto over stocks.

A 2021 survey from NORC at the University of Chicago finds that 41% of cryptocurrency traders are women, while women make up only 38% of stock traders.

“Crypto is on sale right now, and if you're anything like me, for any of the women out there, you know how to shop a good sale,” Randi Zuckerberg, CEO of Zuckerberg Media, told Yahoo Finance Live. “So I thank you crypto for this early-in-the-year sale that you're having.”

Zuckerberg, the sister of Meta (FB) CEO Mark Zuckerberg, recently joined the cryptocurrency exchange OKcoin as the inaugural member of its brand advisory council. In her role, Zuckerberg will help OKcoin’s female customer base grow from its current 24% to 50% by 2025.

“I've spent the last 15 years fighting an uphill battle in tech where I've routinely been the only woman in the room in almost any company,” said Zuckerberg. “So for me, when I first started to get excited about crypto, I saw it as an opportunity for women to get in on the ground floor.”....

....MUCH MORE

From 2014's "What's Moooving: Cows as Safe Assets":

As Carnegie Mellon Financial Engineering prof. Dogbert explains, we are dealing with aggregates here:
 - Dilbert by Scott Adams
This, however, leads to a whole new set of problems that come from physically* bundling the cows into the Collateralized Cow Obligation wrapper.
They ask questions like "Does this CCO make my butt look big" and seriously, how can you answer that without incriminating yourself?
For this reason some practitioners prefer to stick with synthetic livestock, not to be confused with....ummm..., where was I?...