Quote from: elda34b on October 14, 2019, 04:42:33 AM

Quote from: Slow death on October 11, 2019, 07:17:23 PM

but offline casinos that implement bitcoin as a payment method can have long term losses, you saw that until recently the price was $ 12000 and now the price is $ 8000, i wonder how offline casinos would do to avoid having big losses if they accepted bitcoin as a means of payment. A few years from now (maybe 10 years) when the market is very large and not manipulated and regulated, I believe offline casinos will be happy to add bitcoin as a means of payment.

I think it's easy for them to exchange the Bitcoin into fiat or stable coins when necessary. After all, there's nothing stopping them from doing that. You don't have to keep your Bitcoin forever, especially if it's volatile and can swing 20% in a day.

I believe most business also do that atm, can't blame them.

Its easy since a lot of ways to convert your bitcoin to fiat money especially with big companies. Offline casinos might still not adopt bitcoin because of its volatility, and the value of bitcoin is still a problem to other businesses. Bitcoin and casinos can work together on a different ways, they will find out soon.