We gamblers are actually one of the biggest reasons why Bitcoin took off.

[Dr.Bitcoin_Strange]

But at that time (2012), it's like it was only gambling platforms that recorded the highest transaction for Bitcoin because not much business were interested to add Bitcoin as a payment options and many people were still so skeptical about Bitcoin while so many people saw it as a scam. If it's now, you can see how so many institutions are not adopting Bitcoin on like before when they showed no interest. Regardless of how some institutions have adopted Bitcoin now, there are too many crypto casinos that is accepting Bitcoin for gambling.

The bitcoin transaction was not monitored by any of the government or private companies.So it was the foremost reason used by the gamblers to use the bitcoin in 2012 for the transaction in 2012 and even now.Now the cryptocurrency based gambling sites are in the market in large numbers.Along with the cryptocurrency growth,the growth of the cryptocurrency based gambling sites also reached the peak in the market now.Now many gambling sites had uses various kinds of crypto currency for the transaction along with the bitcoin.

The transaction in Bitcoin and other crypto is more efficient and fast for so many players that's why they continue using it but it seems like no body wants to risk so much of their Bitcoin but rather wants to hold it for making profits. That's why there has been other smaller crypto being added by casino so that those that still wants to bet with crypto can use another altcoins and not Bitcoin that they might want to spend.

[Russlenat]

The transaction in Bitcoin and other crypto is more efficient and fast for so many players that's why they continue using it but it seems like no body wants to risk so much of their Bitcoin but rather wants to hold it for making profits. That's why there has been other smaller crypto being added by casino so that those that still wants to bet with crypto can use another altcoins and not Bitcoin that they might want to spend.

Back then, holding wasn’t really the main thing. That’s why a lot of people were gambling with Bitcoin because the value was still cheap. It’s only after Bitcoin grew this huge in value, that people started thinking more about holding.

When Bitcoin was still under $500, people loved to gamble with it not just because it was fast, but because there was no KYC. That gave complete freedom. Imagine if everyone back then just decided to hold instead of use it, Bitcoin might not even be at this price today, because adoption wouldn’t have grown this big. ( think of that as well)