Will There Comes A Time That All Online Gambling Sites Are CryptoCurrency Based?

[STT]

You could really state the opposite, as FIAT currency standards become ever worse and loose with excess availability of cash then I think it makes more sense to take high risk with cash that is more rapidly loosing value.     Thats part of BTC in theory, you may gamble a crypto token which if you had done nothing might have gone from 10k to 5k like BTC did in March.    Most of the time Bitcoin is fairly stable but theres always the argument you lose what might have lost value anyway, FIAT will at some point in time goto zero.  Dust to dust and it is only paper and somebody in politics says its good for the value but promises of politics is not a sound basis for currency so its fair to say gambling in plain cash will increase alongside its instability rising which presently is predictable.

[1715368213]

1715368213

[Shimmiry]

There is a possibility that all online gambling sites will be based on cryptocurrency in the future because day by day a lot of people in every country has recognized bitcoin and cryptocurrency, so cryptocurrency would increase its mass adoption that everyone will have their cryptocurrency and will be playing in an online crypto casino.

[alani123]

I think sooner or later most of the gambling and betting sites will start accepting bitcoin and crypto in general in one way or another.
Perhaps the biggest providers wouldn't want to carry much of the risk and would rather utilize a third party solution to simply give them a balance in FIAT after commission. Some of the bigger betting sites do this by using neteller from what I know. I could definitely see more sites doing it in the future.

[Beparanf]

I think sooner or later most of the gambling and betting sites will start accepting bitcoin and crypto in general in one way or another.
Perhaps the biggest providers wouldn't want to carry much of the risk and would rather utilize a third party solution to simply give them a balance in FIAT after commission. Some of the bigger betting sites do this by using neteller from what I know. I could definitely see more sites doing it in the future.

The existing casino can acknowledge accepting Cryptocurrencies as payment in these new normal era where we don't want our bank accounts to be fill up in online gambling. In my country there is a popular bitcoin wallet that are partnered in many gaming platform to buy the in game points, some casinos can partnered with them if casino will like to do it via third party so there is no much change that they can adapt, but I would love to see in my country a crypto based where I can bet via crypto not that they will convert my crypto to fiat in order to play.

[witcher_sense]

Currently, cryptocurrencies aren't evolved enough to become a decent medium of exchange and thus they are not ready to serve role of betting means. When I gamble using bitcoin, for example, it is not possible for me to understand how much at stake. In a few years from now, we may regret about our reckless gambling games when we would place such a big bets. That is why, fiat money remains perfect for gambling, have fun and gamble using fiat, store value with cryptocurrencies. In my opinion, that would be rational decision for those who want to mitigate risks. When cryptocurrencies prove their value and become less volatile and speculative, they will replace current fiat systems and fiat based casino will be crypto based.

[maydna]

There is a possibility that all online gambling sites will be based on cryptocurrency in the future because day by day a lot of people in every country has recognized bitcoin and cryptocurrency, so cryptocurrency would increase its mass adoption that everyone will have their cryptocurrency and will be playing in an online crypto casino.

As long as many new gambling sites launch and promote the site on many websites, there is a chance for people out there to visit online crypto gambling. It will grow faster if in many countries legalize the crypto, so people will not be afraid to use crypto, even just playing gambling. If that happens, the mass adoption will not take too long, and we will see the crypto will get more popular among the people. But before that is happening, I think we can still introduce crypto to many people, but we don't have to force them to use crypto and let them decide by themselves.

[electronicash]

as crypto adoption advances the casino that doesn't get accept Bitcoin will eventually adopt crypto to have more players. they will see their users decline and has to also accept btc because it's going to become norm. 5-10 years from now crypto will also be part of the internet that has to be adopted since web will be full of block chain dapps.