Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is the reserve currency of crypto gambling?
by
Herbert2020
on 28/04/2016, 13:23:18 UTC

My point is that BTC is the unit-of-account by which everyone measures their gambling success, not fiat.


not really, for the good or bad, when people say their loss in bitcoin they are mentally measuring it in fiat. they just say it in bitcoin because they have used bitcoin and lost bitcoin. you never say someone say "aww that is a lot of bitcoin you lost" they say that is a lot of money. they will all multiply it with the price and then decide how big it was.