Post
Topic
Board Gambling discussion
Re: Why not just gamble with fiat?
by
Rufsilf
on 25/05/2019, 23:43:53 UTC
Fiat casinos are actually regulated and you won't get some shady off shore website witholding your funds because you didn't pass a background check.  It seems like none of these crypto services even offer anonymity and transactions are actually slower than fiat services.  Whats even the benefit of using crypto to gamblefor you guys?

Why use cryptocurrency for casinos?
1- privacy- your identity is protected
2 - less bureaucracy. You can gamble in casinos in America, China or Europe, without any paperwork.
3- cheap and fast transactions - a swift may cost up to 45 USD to send money from USA to Europe. A BTC transaction may be done with like 0.10 usd or less.
That is right, in addition. You can gamble anonymously and have a convenient way when you are in gambling. No need to go into the casino just to gamble, you can do it even in your room facing at your laptop/PC. However, there still people choosing to gamble using fiat but that is their preferences where they are comfortable in that way, each one of us having preferences in choosing a currency which feels better.

I agree, it depends actually on the person who gamble because we all have different preferences, some may want to gamble using fiat and go to the casino some may also do it in the comfort of their home and use cryptocurrency instead. As for me, i'd prefer using cryptocurrency because I felt safer knowing that your identity is protected and no one can really rip you off easily. Also, i'm not fun of going to the casino really I just want to do it online as well.