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?
Of course, casinos help with the adoption of bitcoin because it expands the functionality of bitcoin and is also known by many people, especially gamblers who want to gamble at overseas casinos easily. The existence of bitcoin has revolutionized casinos.
Some industries are still in the stage of adjustment and learning, because Bitcoin is still not too common now in the lower community, conventional finances still dominate, the limitations of knowledge and limitations of infrastructure make some people ignore Bitcoin, so this requires a long enough time to be able to penetrate adoption to the industrial layer.