Back in the day we were just using the major coins like Bitcoin and some altcoins - no stablecoins yet. We gambled with the price volatility too, but we liked it because it was non-regulated and gave us full freedom in gambling.
Now crypto casinos are very regulated already, meaning we have to comply with KYC. And if we’re using stablecoins like USDT, USDC, BUSD, etc., then it’s really no different from fiat casinos since both the payment method and the casino itself are regulated.
The downside is, does blockchain now just feel like a wrapper? If I’m using USDT, it feels no different from betting with dollars on a centralized e-wallet, aside from slightly cheaper transfers.
So that’s my question, are they killing the crypto edge we enjoyed before?
Today cryptocurrencies try their best to become fiat money. Don`t worry about stable coins, they are the same like others. You`re KYCed, use controlled crypto - you`re in fiat casino.
I prefer to use stable coins or fiat because my calculations are maid for USD. Even if i made bets in BTC - i recalculate bet size to my USD standard.
I don`t see difference between good cryptocurrency casino and fiat casino. The same time i don`t want to risk in "only crypto casino without KYC" (and without service).