How Cryptocurrency is Empowering Women in Finance

in hive-165987 •  3 days ago 

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The role of cryptocurrency today is very visible across every area and has even helped to truly empower women to extent we might not have seen coming, I believe when cryptocurrency started no one thought it had the power to do the much it has done so far, for truly cryptocurrency has outdone itself.

We live in an era where despite the growing civilization in many lands still women are often overlooked which is wrong and guess what, well it seems even blockchain knows the importance of women and truly since the rise of cryptocurrency it has truly empowered women especially in the area of finance.

Today I will share some areas or aspect where cryptocurrency have truly beyond every doubt help to empower women today in finance, quiet a significant role cryptocurrency has played in this, and this are how it has done it 👇

Financial Independence

Well one way women have truly been empowered by cryptocurrency is that it gives them true financial independence in a world where alot of women can hardly boost of that some been restricted by society from working and in some places there seem to favour men for jobs more and that I have seen especially in my side but cryptocurrency helps offer alot of great women a rare opportunity to truly be able to manage and own their own finance, cryptocurrency gives women true financial freedom and independence at levels never seen before.

In some part of the world women often experience restricted financial autonomy but this restrictions placed either by society is completely invalidated by cryptocurrency as it gives everyone including women a chance to own asset to be able to send to anyone as well at any time without requiring anyone's permission.

With cryptocurrency one can do all the want without needing any third party prying on ones privacy or needing anyone authorisation truly allowing women to have true financial autonomy and be independent financially.

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Access to Investment Opportunities

We have a system today where often people who wants to invest would rather not after thinking about the entry cost which are sometimes rather too high and in some places the rules involving having a chance to invest traditionally may be biased especially against women in some jurisdiction that is, this is a kind of unfair system most women may have had to deal with depending on their region ofcourse.

The point being that some places there isn't really much investment avenues for women but ofcourse cryptocurrency has truly empowered women and ensure they have access to an investment opportunity one that is always accessible 24/7 even much better then the traditional investment avenues which may have been denied them for whatever reason.

In cryptocurrency the investment opportunity is not one with insane entry cost and one could invest with a small amount you can afford creating even more investment opportunity for all and ensuring no one is denied an opportunity to invest and save for the future and with it women could freely partake in the global financial market especially those who might have been denied access in the traditional setting, cryptocurrency offers a decentralized and accessible opportunity for all to participate in the world of finance which has truly act to empower many great women in our time, it is a beauty to behold.

Entrepreneurial Opportunities

Many women who venture into entrepreneur have truly benefited because of cryptocurrency as cryptocurrency through defi ensures that this women can create their own business not only create a business cryptocurrency also ensure that they have the capital to fund the business as every successful entrepreneur needs capital for their business to grow and this cryptocurrency has helped alot of women to achieve.

How do cryptocurrency fund this entrepreneurs, well anyone can participate in defi and have access to unlimited financial services without any gender barrier, believe me defi platforms definitely do no care what your gender is whatsoever or race or geographical location, just come and enjoy financial services like borrowing to fund your business or any other kind of service you are looking for financially it is there and easily accessible.

So women entrepreneur have truly benefited from cryptocurrency as defi gives them opportunity to own the capital required to run their business and grow it which we inturn help the economy which ensure women are in the forefront of helping advance the economy of the nation.

Decentralization and Equal Participation

What cryptocurrency gives is a level playing field for all to operate in, no one has a prior upper hand or any authority to decide who can or cannot participate, anyone can participate it's decentralized, no central authority dictating things and the manner it should be done to anyone everyone has a chance for equal participation here.

Because of the decentralized nature of cryptocurrency it ensure that women also faces no barrier at all when it comes to participating in and benefiting from all that comes from the financial market, no one makes the rules even most times women have helped enlighten many in the society about the empowering influence of cryptocurrency and it benefit and how one could gain true financial freedom from it.

So cryptocurrency being decentralized ensures all women especially some in places where they face restrictions to equal participation in the financial market, cryptocurrency has helped to offer them that and truly empower them to even matter more in the society as the economy continues to grow by this.

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Conclusion

Truly the innovation of blockchain and cryptocurrencies truly have helped a great deal to give financial freedom to women and not just that but have helped many wealthy women out there making them a walking example of the transformative and empowering influence of cryptocurrency in their lives and showing that others too can benefit, cryptocurrency is a currency for all, it has no bias neither any prejudice.

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