Now, do you agree that crypto should be seen as a form of gambling? And if this eventually comes through, what should we expect as the constraints it might still bring to the crypto space?
No!
This can only be applicable to altcoins because, in my opinion, all altcoin investors are gambling with the hope of making a large profit due to uncertainty because they do not know what will happen to the project at any given time.
However, Bitcoin investment is distinct because we all understand how transparent the entire Bitcoin process is; therefore, we are not gambling with our money since we are confident that if we are patient, we will be rewarded.
Crypto will only fall as gambling if you are investing on the coins that have no real value from the start. However, if you’re into bitcoin, that is not gambling since you know exactly how you’ll be profitable in the long run, unlike gambling that will only make you more susceptible to losses if you stay for long. With bitcoin, you know you’ll have a bright future if you simply follow its rule, that is buy at its low price and sell when the price surges high.