Pros and Cons of Crypto vs. Traditional Gambling

[Slow death]

As for the pros, there are too many, in fact they are the ones that have given life to casinos and many internet businesses the most, in this order of ideas, we can say that thanks to crypto many casinos and business models of this style have It has propstered a lot, and this means that things with crypto and especially with Bitcon are huge, in person, I know many online casinos thanks to crypto technology, thanks to Bitcoin and I'm sure that just like me there are also many who do it, these types of things are what people normally have to do in order to have clarity on things.

The only thing I see against casinos is that they are very afraid of introducing privacy and anonymity coins, of course centralized casinos, because I don't see any casino that has Monero as a good option, I'm interested in keeping the coins top and one that is anonymous, for me it would be that a casino would be complete if they do it like this, the rest are more, and more casinos, of course we have to separate the oldest and most reliable casinos, which we all know here in the forum are many, but the most relevant as stake.com, bitcainso.io, duelbits, roobet, rollbit, some like Rollbit who have their own token project, who are breaking through, if they do things right they can be making a lot of money, but if and only if they put the token in a centralized exchange, because I think that all clients, Investors, players, know very well that if they are only in a Decentralized Exchange that will not have life , and this is the moment they have to do it because bitcoin is at a time when it can go up a lot, and let's remember that bitcon It was in a very relevant ATH , if it goes up it could be to more than $100k and this could be the best thing that ever happened, then in this order of ideas things can occur with a dark clarity so that you take note of what you should do, In addition to the fact that tokens are reinvented more and more, it would serve as an excellent safe haven option for Investors.

I agree; the advantages are numerous. Yet, the apprehension about integrating privacy coins like Monero is both significant and lamentable. You're spot-on: a casino incorporating anonymous coins would be more complete. In terms of investment, yes, the centralized exchange is essential for any token project to thrive, even more so when Bitcoin is at a potential inflection point. I'd add this: regulation-friendly cryptos could be the bridge that alleviates these casinos' fears of privacy coins. That could create a whole new tier of trust and anonymity, a paradigm shift if you will.

from the day privacy coins were created they were already doomed to failure, this is because not all people mine cryptocurrencies, not all people participate in signature campaigns, not all people make hacks, many people want and buy cryptocurrencies using their debit cards, so governments, banks and exchanges monitor everything to make sure where these people are putting their money to avoid financing terrorism and money laundering, so privacy coins have become enemies of governments , banks and exchanges, so there was no other choice, exchanges had to withdraw privacy coins

and it was only a matter of a short time before the casinos followed suit. because casinos have licenses issued by a government and the same government that issued licenses to casinos follows rules to combat terrorism and money laundering that all other countries in the world follow, so casinos would also have problems if they were dealing with anonymity currencies . What's strange about all this is that people have always wanted to see mass adoption of cryptocurrencies, but they forgot that mass adoption would also come with mass interference from governments.

Today we have this mass adoption and mass government control, without mass adoption of cryptocurrencies this market would not grow and crypto casinos would not grow either and as a result crypto casinos would not have many customers and would not have many profits. So the wise choice was to move away from privacy coins, there are things that are very predictable but many people insist on not wanting to see more than the present, they don't look at the future, as I said at the beginning, privacy coins were already doomed to failure since the day of its creation

[LUCKMCFLY]

As for the pros, there are too many, in fact they are the ones that have given life to casinos and many internet businesses the most, in this order of ideas, we can say that thanks to crypto many casinos and business models of this style have It has propstered a lot, and this means that things with crypto and especially with Bitcon are huge, in person, I know many online casinos thanks to crypto technology, thanks to Bitcoin and I'm sure that just like me there are also many who do it, these types of things are what people normally have to do in order to have clarity on things.

The only thing I see against casinos is that they are very afraid of introducing privacy and anonymity coins, of course centralized casinos, because I don't see any casino that has Monero as a good option, I'm interested in keeping the coins top and one that is anonymous, for me it would be that a casino would be complete if they do it like this, the rest are more, and more casinos, of course we have to separate the oldest and most reliable casinos, which we all know here in the forum are many, but the most relevant as stake.com, bitcainso.io, duelbits, roobet, rollbit, some like Rollbit who have their own token project, who are breaking through, if they do things right they can be making a lot of money, but if and only if they put the token in a centralized exchange, because I think that all clients, Investors, players, know very well that if they are only in a Decentralized Exchange that will not have life , and this is the moment they have to do it because bitcoin is at a time when it can go up a lot, and let's remember that bitcon It was in a very relevant ATH , if it goes up it could be to more than $100k and this could be the best thing that ever happened, then in this order of ideas things can occur with a dark clarity so that you take note of what you should do, In addition to the fact that tokens are reinvented more and more, it would serve as an excellent safe haven option for Investors.

I agree; the advantages are numerous. Yet, the apprehension about integrating privacy coins like Monero is both significant and lamentable. You're spot-on: a casino incorporating anonymous coins would be more complete. In terms of investment, yes, the centralized exchange is essential for any token project to thrive, even more so when Bitcoin is at a potential inflection point. I'd add this: regulation-friendly cryptos could be the bridge that alleviates these casinos' fears of privacy coins. That could create a whole new tier of trust and anonymity, a paradigm shift if you will.

from the day privacy coins were created they were already doomed to failure, this is because not all people mine cryptocurrencies, not all people participate in signature campaigns, not all people make hacks, many people want and buy cryptocurrencies using their debit cards, so governments, banks and exchanges monitor everything to make sure where these people are putting their money to avoid financing terrorism and money laundering, so privacy coins have become enemies of governments , banks and exchanges, so there was no other choice, exchanges had to withdraw privacy coins

and it was only a matter of a short time before the casinos followed suit. because casinos have licenses issued by a government and the same government that issued licenses to casinos follows rules to combat terrorism and money laundering that all other countries in the world follow, so casinos would also have problems if they were dealing with anonymity currencies . What's strange about all this is that people have always wanted to see mass adoption of cryptocurrencies, but they forgot that mass adoption would also come with mass interference from governments.

Today we have this mass adoption and mass government control, without mass adoption of cryptocurrencies this market would not grow and crypto casinos would not grow either and as a result crypto casinos would not have many customers and would not have many profits. So the wise choice was to move away from privacy coins, there are things that are very predictable but many people insist on not wanting to see more than the present, they don't look at the future, as I said at the beginning, privacy coins were already doomed to failure since the day of its creation

Well, we have determined many things, I do not believe that privacy and anonymity coins are condemned, this is to generate many good things, the first thing is that Monero has not died, secondly, when people manage to determine the scope they have This type of coin, the big thing that they want to do, I'm sure they will ask to do transactions with these coins, because there will come a time when each of us will not have privacy, at the rate we are going, everyone will like that a government, bank, or third party know our data, and apart from that, they will not give importance to knowing everything about us, but of course, now there are many things in favor, those who will never surrender to the feet of the governments and those people will not give their arms to twist, then they will begin to demand their anonymity, so I think something, the casino that offers some type of privacy coin, be it currency or any other that exists, that has life, because it will be the option for them, although the casinos that are decentralized, the same Players prefer to pay more perso to be anonymous.

So I see things like this, in the not so distant future, people already know that they will be able to enter with VPN from any country in the world without problem, because all this that has generated the use of VPNs, many casinos already accept VPNs, So this will become a challenge for the other casinos, and the things that users and the best players will look for the most is that they will look for the casinos that offer them to play games by withdrawing and depositing with privacy coins, that is what the players will look for. , they will no longer seek to be allowed to play from prohibited countries, but they will seek to have the best degree of privacy, where they are more anonymous, that is what they will seek, and it is not that it is a fortune teller, you just have to see how The direction of things is going, so this is what the casinos must prepare for and not run out of users, because the time will come when the players do not want to be charged for playing, let alone a government.