Post
Topic
Board Gambling discussion
Re: Did the use of online gambling increase with crypto moneys?
by
UmerIdrees
on 09/01/2019, 16:28:09 UTC
Actually it was my first time to gamble online so I really don't know what's the difference between using crypto over fiat but I think crypto is more convenient because of its feature of being anonymity and since I am from the third world country that doesn't have credit card it would be hard for me to gamble using fiat when I stumble upon bitcoin  I was really amaze how easy to use it and how easy for me to buy anytime I want.
That was right, using cryptocurrency in gambling is much more convenient rather than you use fiat in gambling. Instead of moving to other places to go to casinos you can easily be doing that at your home. I'm not gambling lover but sometimes if I have an extra bitcoin I open my gambling site account and play dice it is really easy to gamble just deposit your digital money and you can start gambling.
It has a big effect on the price on the market if many people purchase crypto to use in gamble it means it has a more demand for bitcoin and makes it expensive.

Convenience and anonymity of cryptocurrency transactions made it easier for gamblers to bet without tension of privacy issues. Cryptocurrency gambling attracted more people from around the world into online casinos. It is much helpful for gamblers who are from such countries where gambling is not allowed.
There was a time when technology wasn’t that much suppressive. And see it now, even people are running themselves just because of this gambling thing. They want to kill themselves financially and emotionally but just they got blind of the worst greed, they aren’t seeing anything. Online gambling is also a worst part of this technological evolution. May things get good?

Since the start of online gambling, many people who were not used to go to casino, started gambling online because it was easily accessible and anyone can play online gambling. This has resulted in a massive increase in gambling users. Also since the user involved in gambling are more, the amount of money being lost in gambling is also alarming high.