Are there any statistics on how gambling with Bitcoin (and crypto generally) develops? I would be interested if it increases or decreases. From time to time there are articles on media like Coindesk but I'm not sure if you can believe the data.
I imagine that gambling with bitcoin as opposed to fiat currency is more risky because the proxy of a 'digital currency' doesn't hold the same mental weight value. That was the case for me anyway, because I could justify that I was only losing 'magical internet coins' instead of real money. Unfortunately, this all happened back in 2014, so my magical internet money would eventually be worth over 100x paper money.
Yes, the use of digital currency as gambling is very risky especially when there is a great chance that in a couple of years time you'd just lost a fortune.
but if a digital currency is used not from a personal pocket, in the sense that digital currency is dead money obtained from the profits from other activities, I think it's only natural that we do gambling using bitcoin because we don't feel loss because of the money we use to gamble is the result of the profits that we have earned and not taken out of our personal pockets
Dead Money? What are you talking about? Do your personal pocket money just pops up of nowhere or growing it on a tree? Or maybe you got a rich parents that can give you a sum of money, I really think you need to first earn the money before going straight through your pockets, And by saying that digital currency is dead money and it is really OK to just waste on gambling on my opinion are not a good mind set, I really think it is also hard to earn Cryptocurrency and saving and not wasting it is a good choice that saving fiat money, Because of the increasing value it can have,
And on the topic about statistics of some gambling site I really think this site is great and really helpful
https://dicesites.com/