Bitcoin Forum
December 19, 2018, 10:53:24 AM *
News: Latest Bitcoin Core release: 0.17.0 [Torrent].
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: National Economics, Gambling and Cryptocurrency: A Perfect Storm?  (Read 93 times)
sheld0n
Sr. Member
****
Offline Offline

Activity: 322
Merit: 250



View Profile
October 21, 2017, 05:05:25 PM
 #1

The gambling world is no stranger to disruption. Just as online platforms are pushing aside evocative, casino-based settings, they themselves are starting to face big change.

The threat – or the opportunity – comes from two trends, one cultural and one technological.

On the cultural side, we have the explosive growth of eSports, which now spans a range of online venues, genres and demographics. Analysts insist that the recent surge is a small foretaste of what is to come. There is even talk of them becoming a medal event at the Olympic Games.

From technology, we have blockchain. While gambling with cryptocurrencies has been around since the early days of bitcoin (and is expected to grow strongly as customers get more comfortable with the concept), an interesting twist appears to be emerging from platform tokens.

Combine these trends with national legislation and economic strategy, and you begin to see a fundamental shift that has the potential to transform a massive segment of the leisure economy.

And in the process, it could also give a big boost to the development of distributed ledgers and digital tokens.
1545216804
Hero Member
*
Offline Offline

Posts: 1545216804

View Profile Personal Message (Offline)

Ignore
1545216804
Reply with quote  #2

1545216804
Report to moderator
1545216804
Hero Member
*
Offline Offline

Posts: 1545216804

View Profile Personal Message (Offline)

Ignore
1545216804
Reply with quote  #2

1545216804
Report to moderator
PLAY NOW
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
michkima
Hero Member
*****
Offline Offline

Activity: 896
Merit: 514


View Profile
October 21, 2017, 06:53:29 PM
 #2

You should probably first move this to gambling discussions and not on the gambling section.

About the topic, I think this is indeed something to consider. I too believe that online gambling will be shifting to cryptocurrencies as it is a much better alternative to using other conventional methods such as cash or credit cards or other electronic monies. The technology involves a lot of factors that will be advantageous to online gambling.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!