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

[rodel caling]

Anonymity and popularity of Cryptocurrency are two of it's the best attraction.
And Cryptocurrency games are more transparent.
Will, there comes a time that all online gambling sites will be Cryptocurrency based?

Well" have big a chnace to replace fiat money online gambling and possible turn into online cryptocurrencies gambling because of anonymity and transparency and reputation of the crypto gambling online site. This dreams will come true in the right time if the whole world completely accept crupto as new form of money.

[Chrystora123]

I don't think that will be possible. They become popular but not all of them will be crypto based. Common people are still finding it hard to adopt crypto.

common people will find it very difficult to adopt cryptocurrencies, the government will only scare common people for various reasons.

Reason i think they will be popular thou is that most countries are illegalizing gambling so people will switch to using cryptos to do illegal gambling

I totally agree with this, it's most likely a legality problem that will make many people switch to crypto gambling.

[Oasisman]

I don't think that will be possible. They become popular but not all of them will be crypto based. Common people are still finding it hard to adopt crypto.

common people will find it very difficult to adopt cryptocurrencies, the government will only scare common people for various reasons.

Not only for the common people, but there are also those who choose to just gamble in fiat, since they find it easier or they get used to. I have seen a lot of people who engaged into an online gambling who knew about crypto yet they still choose to gamble with fiat most of the time, though they casually gamble with crypto as well. Common reasons would be, Bitcoin's high volatility, legalizations, and other government issues.

[maydna]

If cryptocurrencies continue to show growth like they are and demand by its players to have this, then expect more gambling sites to have it as an option to fund our accounts though some regulated gambling sites will take more time to have this integrated as the await crypto regulation from wherever they are based.

I am sure cryptocurrency will grow in the future. And meanwhile, now cryptocurrency has already taken the people attention. I think many of them already get involved in the crypto world. Many of them are trying to invest in many coins.

And with much crypto gambling website available, it will make people interest to try. They will buy bitcoin or altcoin first before they can send the coin to the gambling website. I think gambling will be a door to people to learn about cryptocurrency because crypto gambling now has been widespread and attract many people. Soon, the cryptocurrency will be available in many more online store, and it will grow fast too.

[mitchr4]

I don't think that will be possible. They become popular but not all of them will be crypto based. Common people are still finding it hard to adopt crypto.

common people will find it very difficult to adopt cryptocurrencies, the government will only scare common people for various reasons.

The use of cryptocurrency as the main currency on gambling sites is a very good thing because both have a connection like to anonymity because most gamblers want to protect their identity.
Early education about cryptocurrency for ordinary people is necessary. This is useful so that no one still does not know how cryptocurrency works. And even though the government scares common people the price of crypto will have no effect.

[Bitcoininvestment]

It's most unlikely to happen. But I'm not saying it's not possible. I just think most people would still prefer fiat over cryptocurrency, not only with gambling but as a general. Since it is the traditional one, it's hard to replace it with crypto-based when everyone were used to play using fiat.

[Polar91]

Anonymity and popularity of Cryptocurrency are two of it's the best attraction.
And Cryptocurrency games are more transparent.
Will, there comes a time that all online gambling sites will be Cryptocurrency based?

It's possible if the government will wish to. However, this scenario is less likely to happen since government is not a fan of online gambling since it's very hard to monitor although it's crypto based. Transaction in crypto is transparent and irreversable however it's impossible to identify who's the real person involved in thar transaction in which it limits the scope of watchers in determining the identity of a person who is involved in any shady activity. I think stricting and regulating mixers should be their first step before considering this.

[UNOE]

Isn't it happening already?
I feel lot of the cryptocurrency gambling sites or casinos we have online is now embracing cryptocurrency as their method of payment and payout.
The reason behind It's simply because nobody wants to risk their information or credit card details online especially when state governments securities on gambling is becoming tight every now and then. Identify is very information.

Yes it is happening already. Because of the fact that the gamblers want to hide their personal information to these sites that is why they are gambling in the sites where cryptocurrency is being used as a currency to gamble. Even me I don't want to share any of my personal information to people I don't know.

I think many are moving towards the blockchain technology just to have it more efficient and uniform with every other advanced online casinos which still operate under fiat.
The banks are following suit and migrating to use blockchain technology too from many news sites mentioning this in the European union and around the world.
So it will soon be either integrate the blockchain into your businesses model or be out of loop sooner or later.

[aioc]

It's most unlikely to happen. But I'm not saying it's not possible. I just think most people would still prefer fiat over cryptocurrency, not only with gambling but as a general. Since it is the traditional one, it's hard to replace it with crypto-based when everyone were used to play using fiat.

But they will soon find out that they are losing players and customers because players find it easy to deposit and trace their deposit and withdrawal, they might not disable fiat deposit, but they may integrate Cryptocurrency payment, so they can retain old players who wants to use Cryptocurrency.

[carter34]

We also have to consider that many gambler still want to play on a traditional way and of course that’s playing online using fiat money. The government will always support that kind of business because they will earn on that, though crypto gambling are also growing I still see this one just an alternative for a gambler who know how to use cryptocurrency.

The point on this is that; what will happen if fiat is no more in use, will the gambling site force it against the popular view of the usage in cryptocurrency. So it is possible to happen.

[fortunecrypto]

It's most unlikely to happen. But I'm not saying it's not possible. I just think most people would still prefer fiat over cryptocurrency, not only with gambling but as a general. Since it is the traditional one, it's hard to replace it with crypto-based when everyone were used to play using fiat.

They are not going to take away the fist I have seen gambling site that offers fiat and Cryptocurrency deposits, gambling sites will do everything to attract and make their site appealing to every sector of gamblers, they will not want to leave one big sector because they will lose a lot and their gambling site will not be competitive.

[Janation]

It's most unlikely to happen. But I'm not saying it's not possible. I just think most people would still prefer fiat over cryptocurrency, not only with gambling but as a general. Since it is the traditional one, it's hard to replace it with crypto-based when everyone were used to play using fiat.

But we are talking about online gambling sites here.

It is true that people will not let go of the traditional one but that would only be in traditional gambling too.

Online gambling will improve, it will develop and eventually, it will be going to that scenario, online gambling sites being cryptocurrency-based. It is a possibility since we are talking about the future.

[virasog]

It will never happen, most people continue to use government currency and it will stay like that.  Crypto will always be a minority.  I think people become too blinded by what average people do when they spend time on a niche forum like this one.

We also have to consider that many gambler still want to play on a traditional way and of course that’s playing online using fiat money. The government will always support that kind of business because they will earn on that, though crypto gambling are also growing I still see this one just an alternative for a gambler who know how to use cryptocurrency.

The trend of gambling with fiat will decrease day by day as it is easy to gamble online using crytpto. This does not mean that physical casino will stop operating but they may also introcude the payment by bitcoin and other crypto curenices. Traditional gambling will exists but with new mode of payment i.e crypto currenices.

[maydna]

The trend of gambling with fiat will decrease day by day as it is easy to gamble online using crytpto. This does not mean that physical casino will stop operating but they may also introcude the payment by bitcoin and other crypto curenices. Traditional gambling will exists but with new mode of payment i.e crypto currenices.

Yes, I agree with you. The physical casino will not stop operate because of online gambling with or without crypto. They still running their business because they know people need a physical casino to get the experience of playing gambling. The physical casino will gather many gamblers to still playing on that casino. But with the growth of technology, online gambling will also invite many gamblers to come and feel the new experience by playing online gambling. Many younger gamblers who are aware of the technology will come and play many gambling games. And with the existence of the cryptocurrency, it will bring a whole new experience to them.

[imstillthebest]

It's most unlikely to happen. But I'm not saying it's not possible. I just think most people would still prefer fiat over cryptocurrency, not only with gambling but as a general. Since it is the traditional one, it's hard to replace it with crypto-based when everyone were used to play using fiat.

But we are talking about online gambling sites here.

It is true that people will not let go of the traditional one but that would only be in traditional gambling too.

Online gambling will improve, it will develop and eventually, it will be going to that scenario, online gambling sites being cryptocurrency-based. It is a possibility since we are talking about the future.

they will not dissapear but will only evolve into into a better platform  . 

im expecting sooner or later that fiat and crypto will work together and gambling sites will also allow fiat and other centralized payment so that every people will also have the experience to try the other that they dont experience before  .  im also expecting that offline gambling places will soon evolve and will accept cryptos  .

 i think that would be cool  . there will be no hate but only love  .

[ethereumhunter]

It's most unlikely to happen. But I'm not saying it's not possible. I just think most people would still prefer fiat over cryptocurrency, not only with gambling but as a general. Since it is the traditional one, it's hard to replace it with crypto-based when everyone were used to play using fiat.

I think offline gambling and crypto gambling will still operate separate because people will choose what they think is easy for them to playing gambling. For people who are involved in the cryptocurrency, they will think that it will be easy for them to use cryptocurrency to play gambling. As long as the fiat still be used as the payment, the offline gambling will still exist and will attract more people to come, and that will happen too with the cryptocurrency. Both offline gambling and crypto gambling will run by itself.

[Darker45]

Anonymity and popularity of Cryptocurrency are two of it's the best attraction.
And Cryptocurrency games are more transparent.
Will, there comes a time that all online gambling sites will be Cryptocurrency based?

This is just a matter of time. And not just online gambling sites but also in all other aspects of spending. Cryptocurrency will be the currency of the future and so there is no other way for online gambling sites to develop but within the bounds of cryptocurrency. Cryptocurrency will be used by online gambling sites not because it is anonymous, popular, and transparent as the case may be right now but because there is no other money.

[DoublerHunter]

Anonymity and popularity of Cryptocurrency are two of it's the best attraction.
And Cryptocurrency games are more transparent.
Will, there comes a time that all online gambling sites will be Cryptocurrency based?

~snip~
Cryptocurrency will be used by online gambling sites not because it is anonymous, popular, and transparent as the case may be right now but because there is no other money.

Good point, the fact is here that's why they are prefered to use cryptocurrency rather than fiat. When you using fiat in online gambling most probably they are asking KYC or it will be linked to your bank account which is not good because it might be the reason for blocking your bank account to the bank. It's very fit if they used cryptocurrency in all gambling aspect online. Nevertheless, this process is I have seen in the majority of all gambling platform online.

[crwth]

Good point, the fact is here that's why they are prefered to use cryptocurrency rather than fiat. When you using fiat in online gambling most probably they are asking KYC or it will be linked to your bank account which is not good because it might be the reason for blocking your bank account to the bank. It's very fit if they used cryptocurrency in all gambling aspect online. Nevertheless, this process is I have seen in the majority of all gambling platform online.

There could be a lot of reasons why you want to hide your identity.

• Protection from DOX
• You committed criminal acts
• Famous

And more of other reasons why but why wouldn't you want to do KYC? It gives back and forth protection with the casino. Personally, I don't like to do KYC but if the company is trusted by other people and is registered with the right authorities, that's okay. I just don't think everyone would use cryptocurrencies with gambling because they are already making a lot of money using fiat. Think about it.

[MI6]

Good point, the fact is here that's why they are prefered to use cryptocurrency rather than fiat. When you using fiat in online gambling most probably they are asking KYC or it will be linked to your bank account which is not good because it might be the reason for blocking your bank account to the bank. It's very fit if they used cryptocurrency in all gambling aspect online. Nevertheless, this process is I have seen in the majority of all gambling platform online.

There could be a lot of reasons why you want to hide your identity.

• Protection from DOX
• You committed criminal acts
• Famous

And more of other reasons why but why wouldn't you want to do KYC? It gives back and forth protection with the casino. Personally, I don't like to do KYC but if the company is trusted by other people and is registered with the right authorities, that's okay. I just don't think everyone would use cryptocurrencies with gambling because they are already making a lot of money using fiat. Think about it.

In some countries, gambling offline or online is prohibited. Like in my country, that is why some people who do gambling online with fiat will change to crypto because with crypto sites, they feel freely to gamble without afraid if catch break the law. And about KYC, with that thing, people will like to be anonymously play gamble because safe indicator for each people is different.