Post
Topic
Board Bitcoin Discussion
Re: Is Crypto another form of gambling?
by
Farma
on 25/06/2023, 03:18:21 UTC
It doesn't matter whether they see Bitcoin as gambling or not, that will not stop us from investing in it. Bitcoin is more of an asset and currency that can be use to pay for services and make transactions. There had been so many calls for the government to regulate cryptocurrency and now we are seeing that this is already happening, it is going to give the government a chance to supervise every corners of cryptocurrency making it hard for our privacy to be kept safe from the government.
However, if we care about them, and if it is the people who are close to us, then we need to explain to them the difference between gambling and crypto. if it wasn't like that, then they might easily spread the word in society that it was gambling, and it might look bad for us if we cared about our surroundings.
I have experienced incidents that people who are near me think that crypto is forex. then I explain that it's not just forex but alternative currencies, investments, and others, and explain it deeper so they understand.