We are already in the trend of crypto casinos and we have been seeing majoriry of fiat based casinos now accepting Bitcoin to attract gamblers that love gambling with cryptocurrency.
Before the launch of Bitcoin many years back, it was difficult for me to gamble on some casinos back then because of so many restrictions due to currency conversion and bank not supporting the mode of transaction i was meant to use in making deposits on the casino I love to use then. Apart from that, sometimes you will have to wait for several hours before the casino will finally confirm my deposit.
So many challenges we faced then because their was no other alternative we can use to make fast deposits on foreign casinos but since the emergence of Bitcoin, life has been pretty good, influencing vast rising of crypto casinos.
What is your observation so far and do you think the trend will hit other industries that are still slow on Bitcoin adoption?
Well, to be very honest, I feel it's the other way round, that is that instead of we assuming that casinos and gambling has played a bigger role on bitcoin adoption, I think it's bitcoin that has played the bigger role in online casinos adoption for gambling..
Though it is often said that a dog's play is if one fall for the other, the other will also fall for the one, both bitcoin and gambling casinos have helped each other gained more adoption, online crypto casinos have indeed contributed its quota and still contributing in bitcoin adoption, while on the other hand, bitcoin also have helped online crypto casinos gain more customers from different parts of the world, even from countries where gambling is restricted, citizens in such a country can easily access casinos and play using bitcoin or any other cryptocurrency they own.