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  1. #41
    Karri is offline Public Member
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    Currencies replaced barter economy(which is alive in small scale still). What exactly are cryptos replacing? What are they adding to the equation? Why would I change my euros to bitcoins when I can just deposit and withdraw euros? Blockchain and other buzzwords generate(d) a lot of hype but haven't resulted in any tangible benefits for anyone but those who benefit from the hype.

    The only change I see coming is banks updating their archaic systems so it doesn't take a week to move your money from one bank to another, but that was already happening anyway. Some casinos have introduced cryptos but only because they might get a piece of the pie.

    Something might come out of the technology yet but we are quite far from seeing what. For now, they only remain useful for speculation and perhaps money laundering. Maybe you can use them if you need to bypass laws and restrictions, but that is something that decent legislation would fix anyway.

  2. #42
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    Cardy007 is offline Public Member
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    Cryptos like Bitcoin are replacing Banks - it not only a currency its also a way to transfer funds too with out the transaction fees and lost time.

  3. #43
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    gil.langelaan is offline Public Member
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    I mean there are a lot of casinos that accept BTC, but with the volatility we've seen so far I don't think many people would actually store their funds in Bitcoin. It was nothing but falling for the last six months.

    What does seem interesting is ICO casinos issuing their own pre-mined tokens. If one of them gets enough players, it'll be huge.
    South African Online Casino HEX -> Best | New | Mobile | Slots | Real Money | Blackjack | Roulette

  4. #44
    Bestbonusbitcoin is offline New Member
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    Bitcoin and different digital currencies are the best things that ever happen to the iGaming business and its operators since the Internet turned into a commonplace. The main benefits of using cryptocurrencies are: they don't require casino licenses to operate, they are not limited to specific country, and has high transaction speed. And most of all, all cryptocurrency casinos are more cheaper to play online as compared to other casinos.

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