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Author Topic: Establishing bitcoin in the USA  (Read 698 times)
zif33rs
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April 01, 2013, 06:35:19 PM
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So...I have been trying to look at bitcoin from all angles to see how market share could be increased. This is one idea I came up with.

One of the biggest gateways into bitcoin is gambling IMO. There is a huge untapped market of people who would love to gamble online. With new casinos and gambling sites popping up it seems this niche is getting filled.
If we take this one step further though...what if we could get a brick and mortar casino to take bitcoin?

So this is where the seed of my idea starts. Well over half the casinos are on Native American Reservations. If you could get a Tribe to accept bitcoin at a physical casino it would be huge I think. Just the novelty and new coverage would bring increased revenue.

If you could convince a tribal member somewhere that bitcoin is a solid investment I think it could open many doors. I am from Washington State..there are quite a few casino's around that I would love to pitch this idea to.

The fact that each Reservation is a sovereign state is a key factor. The way I understand it tribal laws take precedence.

So..help me take this half-baked idea and make it into something workable.  Thoughts?

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TheGodson
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September 02, 2017, 11:52:02 PM
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This kind of thing is already happening in terms with the online world. A lot of online websites for US players now are accepting Bitcoin. I received a letter in the mail from BetOnline trying to get me to deposit with Bitcoins for some bonus or whatever. Getting casinos to accept Bitcoin in real life would be a good idea. I haven't seen this happen yet, but once it does I agree, it could be big.

The government would like this idea as well since it would be harder for people to cheat on their taxes with gambling earnings when there is Bitcoin involved. Although, if Bitcoin becomes more mainstream then the opposite affect could happen since Bitcoin would be less likely to be sold at an exchange and used simply to buy things. Who knows what the future will hold though.

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September 14, 2017, 08:01:06 AM
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This kind of thing is already happening in terms with the online world. A lot of online websites for US players now are accepting Bitcoin. I received a letter in the mail from BetOnline trying to get me to deposit with Bitcoins for some bonus or whatever. Getting casinos to accept Bitcoin in real life would be a good idea. I haven't seen this happen yet, but once it does I agree, it could be big.

The government would like this idea as well since it would be harder for people to cheat on their taxes with gambling earnings when there is Bitcoin involved. Although, if Bitcoin becomes more mainstream then the opposite affect could happen since Bitcoin would be less likely to be sold at an exchange and used simply to buy things. Who knows what the future will hold though.
As I know from my friends and family members who are settled in America have told me that most of the people of USA are now accepting bitcoin because there are already a lot of other online businesses in USA.

So they are well aware of the importance of bitcoin and they have realized bitcoin as the new era digital currency for the whole world. it is a good sign for USA and the rest of the world as well.

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