Evidence the explosive growth of ShapeShift.io that the gambling is primarily for altcoin gambling:
Replies from others are emphasizing the use of BTC for gambling,
but the keyword in my subject title is "reserve".
My point is that BTC is the unit-of-account by which everyone measures their gambling success, not fiat.When someone gambles on an altcoin "investment" (speculation), they are hoping to get more BTC. They don't cash it out to fiat, they HODLit to gamble some more altcoin "investments". Even if you include gambling sites that accept Bitcoin, the gambler is likely HODLing their BTC gains (if any) and not cashing out to fiat.
that because you can't really use it as you can use fiat, this is the big stop for bitcoin
now try toc ompare the two with a scenario were both can see the same usage, i know personally that i would never touch fiat ever, if i could buy stuff with bitcoin only, and i mean every fucking thing out there, not just online
fiat do not have the problem of usability, or at this time would have been a worse gambling tool than bitcoin could ever be