Yes it is, who doesn't want this. You can gamble anytime, anywhere as long as you have phone and data connection. Crypto gambling get boom now but crypto gambling will be more successful in the near future. I won't be surprised if there's a lot of gambling websites that will appear soon.
Yeah actually it can be a negative and positive effect in my opinion, how easy is someone to gamble without any prohibition from anyone because it is easy for someone to find gambling sites on the internet that use crypto payments, but that can also be a bad thing, because anyone including kids will gamble easily? people will increasingly become addicts because of the ease of gambling?
I don't think its that easy that anyone can easily acquire Crypto and then gamble with it and become addicted, especially kids.
For one, even though Bitcoin is well known and very popular especially since 2017, its still very difficult for the average user to buy it. People go to bitcoin ATMs locally and they actually have no idea how to even get these bitcoins, they think they are suppose to get something physical like paper money (happened to me last time I saw a confused person at the bitcoin ATM)
With kids its even harder since they can't use an exchange like Coinbase and even if they use an bitcoin ATM, they need to have money first and most kids have little money.
Most people need some general computing knowledge to be able to buy bitcoin and use it, especially on a gambling site. There are ways easier ways to gamble like with the Lotto or Scratch-off tickets.
I've been thinking about this - Crypto is great in so many ways BUT... how do you protect children (under 18s) from using crypto for gambling? I don't think you can make it work 100%, but this post is the best opinion I have seen so far about how crypto is effectively pretty difficult for most kids to even get hold of crypto. Basically if you want to buy fiat with crypto, you have to get on an exchange and most exchanges have quite strict KYC for fiat to crypto trades. So this solves the problem to some extent - you could say that the fiat-crypto entry point acts as a kind of KYC for the whole crypto landscape after that point.
Do people agree? Or am I being naive (I assume there are loads of kids who *could* and *will* get round this, bt the same could be said for fiat gambling or smoking or etc etc).
