Quote from: TravelMug on Today at 09:23:53 AM

Quote from: iBaba on August 29, 2025, 07:24:08 PM

But as good as these new developments may sound, we have already started witnessing its side effects around increasing financial loss among the young ones since the process has been made easier than ever, growimg number of young gamblers becoming more attached and more addicted to gambling as they could do everything at home and more importantly making it more difficult for proper regulations among government institutions.

The big question for me now is, do we consider bitcoin gambling sites a big opportunity for the people or a big trap that will leave many young people addicted and financially broke?

If you go with your argument, then crypto base gambling is similar to fiat base or playing in land base casinos. It will have a side effect no matter what, so we shouldn't put a blame on those crypto base platform.

Afterall, we all know that side effects of gambling already, and so if we did go and be a crypto gambler then it's our choice. And again, maybe some of us have self control and play just for fun and entertainment. So there is no trap here, it's just the usual gambling pros and cons that is going to be debatable.

Whatever currency they use it still have a chance that they might experience those worse situation they can't afford to happen especially if they don't have good discipline.

Also its not about either you are using Bitcoin or fiat since those trap things will base depends on the actions we have done while playing. If we have good self control or have risk management towards everything we do on gambling then I guess we don't need to worry about since I guess we are fine with that situation.

The advantage of using Bitcoin is we can gamble without getting to much issue on regulation on other strict stuff issued by government.