Quote from: magneto on October 01, 2019, 10:24:03 AM

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I once came across an article where it was stated that over 60 percent of most crypto transaction were used for betting. I don't see anything wrong with that. But don't you think it portrays crypto in a bad way?

Firstly, I'd love to see sources. What are they classifying as betting/gambling? I bet (no pun intended) that it is a much wider definition than what most people are familiar with.

Secondly, I'd say that if you look at any fiat currency, the majority of transactions are by volume are probably also flowing in the financial sector. If included, it could be classified as financial gambling.

What people do with their coins is none of our business, and whether or not coins are used to gamble shouldn't be our problem either. With mainstream adoption increasing, this problem will solve itself anyhow.

I think that those sources aren't that legit. They have made up numbers.