Bitcoin Casinos Grow in Popularity – Why?

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Bitcoin Garden: Bitcoin Casinos Grow in Popularity – Why?
https://bitcoingarden.org/bitcoin-casinos-grow-in-popularity-why/

If you have not been living under a rock for the past nine years, you will have heard of this new thing called Bitcoin. Last year saw Bitcoin hitting headlines day in and day out and in fact, it’s a household term now. Basically, Bitcoin is an alternative economic system which is based entirely in the digital world. Since it’s digitally produced and makes use of cryptography to secure it, Bitcoin also called cryptocurrency. The term cryptocurrency was coined after Bitcoin came into being and since then, there are hundreds of other cryptocurrencies entering the sphere.

In the short time that cryptocurrencies have been around, they’ve become very popular throughout the world. They present a decentralized form of economy that does not rely on any central body to regulate and validate transactions. It is all done for the people by the people who use the cryptocurrency through consensus. It is essentially changing how the economic system can work by providing an alternative to traditional currency systems.

While it is true that there is no way that Bitcoin and other cryptocurrencies will replace the current economic system any time soon, they have gone to show that technology is changing the way we live our lives. In fact, Bitcoin has also found its way into being used for gambling. Mainly the list of Bitcoin casinos has grown with the increased popularity of the cryptocurrency itself....

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This is because crypto currencies are anonymous + decentralized with instant transfers and low processing fees. But as crypto gambling can be offered anonymously, scammers try to take advantage of it!

We highly recommend to select crypto gambling operators wisely and to pay attention to our Warnings list! This list is of course not complete, as 100s of operators offer their service and new operators join the crypto gambling market regularly. But if a crypto gambling operator is on this list, you should definitely avoid them!

It is also recommendable to use Crypto gambling with consumer protection service inclusive

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Do not fall into this guy's scam services nor use his affiliate code, hes a known scammer!

[Hamphser]

This is because crypto currencies are anonymous + decentralized with instant transfers and low processing fees. But as crypto gambling can be offered anonymously, scammers try to take advantage of it!

Normal thing which crypto is being used already on gambling industry and it do really have advantage and disadvantages. According into your list normal thing that there are really scam gambling sites do exist which we should always stick to reputable ones. As cryptocurrency awareness it do also affect other industry as well. Gambling is one of it expect for other things to be involve too.

[Gsmith1117]

I think who is involved in the crypto-world and likes gambling, it is a perfect match. I guess they are willing to take some risks in the game, and also in trading so they might be happy to receive their winnings in crypto, as they can immediately go to the stock with it to make some more.

[Kprawn]

Most online Casinos have a much lower house edge than their Brick n Mortar equivalent, so you have a bigger chance to win

back your money.  It is also more convenient than Brick n Mortar casinos, because you can gamble from the comfort of

your home. {Much less noise and more privacy} <-- Some people like to gamble, but they do not want other people to know

that they are gambling. 

[Juggy777]

I feel to get a good perspective for your answer you need to play at any of the famous casinos, you'll automatically understand why. No more waiting in ques for cash in and cash out, no more restricted to one to two games, man you get a hell of a variety. Plus the chatbox is a amazing feature to get in touch with gamblers all over the globe. The best part is no one knew how much you spend or how much you won, so no taxes at all. I think that's a usp of online casinos.

[Don Pedro Dinero]

Apart from what has been pointed out, which are the main points in my opinion, I think the fact the thrill of cryptocurrencies volatility has also played an important role. Most gamblers enjoy their game because it is linked to emotions and cryptocurrencies have boosted them. Streaks of good and bad luck depend not only on casino chance but also on the evolution of market prices.