Qoheleth
Legendary
Offline
Activity: 960
Merit: 1028
Spurn wild goose chases. Seek that which endures.
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January 08, 2014, 12:28:15 AM |
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That depends. What is it about Macau or Vegas that makes gambling there different from gambling on a website?
Is it the environment? The dazzling world of chiming slots and clacking chips and physical balls spinning in physical wheels? The ability for people to window-shop at games, and sit down at ones that seem interesting? If that's the differentiating factor, then such deployment would mean that bitcoin would be used by people, and in ways, that it would not otherwise be used. Velocity increases, driven by use and usefulness, and thus, so too does valuation.
If it's just that Macau or Vegas is a place where gambling is permitted and trustworthy, well, there's online solutions to that already. Trust-free gambling for bitcoins is something people can do right now. So it'd only be relevant to the extent that Bitcoin's presence at such institutions increases its mindshare and people's impression of it as a "real" thing.
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