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International Chess Federation (FIDE) to ban and punish transgender players
(www.erininthemorning.com)
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There are 16 times as many male chess players than women so men dominate the open category by sheer number alone, it's basic statistics.
As such the woman's category is not so much a separate thing but a subset of the open one and if nothing else it provides visibility and a competitive field where women can deal with female instead of male asshole competitors so they can comfortably be catty queen bees instead of learning how to chest thumb.