Scraped on 05/08/2025, 11:18:02 UTC
Main Points Raised
1. Regrets of Spent Bitcoin on Gambling:
Many participants, including the thread's OP, reflected on losing sizable amounts of Bitcoin to gambling in the early days, with some estimating losses of several coins. With today’s values, this represents large missed fortunes.
2. Enjoyment vs. Financial Regret:
While there’s regret over the lost potential wealth, some users emphasized having enjoyed the process, comparing spending on gambling to spending on other forms of entertainment. They pointed out that any money spent willingly, with full awareness of the risks, provided value at the time—even if it didn’t translate into long-term wealth.
3. The Role of Gambling in Bitcoin Adoption:
Several users argued that widespread Bitcoin gambling played a significant role in propelling Bitcoin’s early adoption. Gambling platforms were among the first to accept and circulate Bitcoin, increasing its utility and demand.
One participant noted that if gambling hadn’t been popular, Bitcoin’s rise might have been slower, and it may not have reached current heights as quickly.
Original archived Re: If Not for Gambling, Would We All Be Richer in Bitcoin Today?
Scraped on 05/08/2025, 11:13:19 UTC
Main Points Raised
1. Regrets of Spent Bitcoin on Gambling:
Many participants, including the thread's OP, reflected on losing sizable amounts of Bitcoin to gambling in the early days, with some estimating losses of several coins. With today’s values, this represents large missed fortunes.
2. Enjoyment vs. Financial Regret:
While there’s regret over the lost potential wealth, some users emphasized having enjoyed the process, comparing spending on gambling to spending on other forms of entertainment. They pointed out that any money spent willingly, with full awareness of the risks, provided value at the time—even if it didn’t translate into long-term wealth.
3. The Role of Gambling in Bitcoin Adoption:
Several users argued that widespread Bitcoin gambling played a significant role in propelling Bitcoin’s early adoption. Gambling platforms were among the first to accept and circulate Bitcoin, increasing its utility and demand.
One participant noted that if gambling hadn’t been popular, Bitcoin’s rise might have been slower, and it may not have reached current heights as quickly.