Quote from: Bitcoin_people on July 24, 2023, 03:11:46 PM

Quote from: Kelward on July 11, 2023, 01:18:51 PM

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So having made all this comparisons, do you think that bitcoin can be classified as gambling?

I think bitcoin and gambling have some similarities but mostly different. Bitcoin and Gambling have very little in common Bitcoin is about trading and gambling is about making fortunes. By investing Bitcoin we can easily do many transactions and it is also possible to make profit by trading it. Gambling mainly depends on a person's luck and it is very difficult to predict. But the same is true for Bitcoin if a different Bitcoin risk-free predicts that it will be profitable in the future. But if I bet my money on gambling, the risk of losing it is high, very few people can win the bet. In fact, predicting that Bitcoin is less risky than gambling and you don't lose money investing in Bitcoin. So I think Bitcoin has never been similar to gambling even though the two involve different types of processes.

Whatever the one that we think is better or has more value, I believe that when you master your field art, failure would be far from you. There are people that will always prefer to use there money to gamble and gain result than using it to trade or even giving people to trade for them. We all have where we are good and where are not. For me, trading is more beneficial that just using my fund to play bet and waiting for result whather i will be lucky to make winning. Gambling is more of a lucky activity than just having the skill that will be more profitable like trading does. The more you gamble, the more experience you will have same way with trading too. Gambling is less if a skill activity.