Quote from: Rikafip on October 01, 2019, 08:06:58 AM

Quote from: dupee419 on December 15, 2018, 03:57:36 PM

An idea came onto my mind, and it consists about a currency that is entirely dedicated onto gambling and also betting, I did not search through the web if there is actually a crypto that has done this. Gambling is a thing that the people love to do, whether if it is in the casino or online, but have you ever thought of a crypto that will serve as your main currency whether if it is in the casino or it is on online, I think this could also be beneficial for the gamblers as well, I wanna know about what you think of my idea, whether if it is a positive or negative opinion, I will still take it.

We certainly do not need another currency for something specific as gambling.
There are plenty currencies on the market that could be used for that purpose, beside, all those useless currencies for basically everything imaginable didn't bring much good to anyone. Except maybe those that made those useless currencies and then dumped them on naive people.

Imagine if there is specific fiat currency for buying bread, then another one for buying gas, then 3rd one for buying alcohol. Does that seems practical to you?

This is right, a currency cannot be limited to a single activity or business because this will decrease its utility, this is why despite the enormous distances between communities in the past and the difficulty to communicate with one another gold and silver were chosen as the main forms of money due to their characteristics, so if someone created a currency with the only intention of being used in gambling but it was by far the best cryptocurrency you can be sure that very quickly people will use it for stuff unrelated to gambling.