I rather do not post here much anymore, because many people have no clue about money and economics and they just repost here any bullshit that will kill fiat tomorrow etc. But I believe in Bitcoin for pure fundamental reasons. Those reasons are not that Bitcoin is something simpler or cheaper than centralised money. The reasons why Bitcoin has future, although it is still quite complicated instrument with bad name, is that soon many businesses will be out of fiat transactions, esp. the USD.
It happens that I do a lot of biz in advertisement and gambling. Recently 5dimes was cut of their funds http://calvinayre.com/2016/03/02/business/online-sportsbook-5dimes-costa-rica-money-laundering-probe/ and accused of moneylaundering. So it happened they now pay out players and business partners ONLY in Bitcoins. It is not pennies, they are making netto tens of millions per year.
Then came Panama leaks, banks got crazy now. I think the biggest bookie for US: Bovada, finally adopted Bitcoins. I tried to persuade them for maybe 2 years and they thought it is some kid's play. Now Bitcoin seems to be their hope. One month ago they told me they are trying it. Today they told me that the only option to get money from them is Bitcoin.
Those are big news. I believe together with halving we will see now incredible surge of value. This is not about buying coffee in Starbucks, which is nonsense. Those are quite large bitcoin transactions that do not care much about transaction fees. Imagine that the fees that bookies pay to get money to and from US are at 5-10%.
I have a feeling something has now started to move and avalanche is approaching. I am very much surprised nobody informed about this gambling development yet. Bitcoin is not just an option, it becomes the only option.
It happens that I do a lot of biz in advertisement and gambling. Recently 5dimes was cut of their funds http://calvinayre.com/2016/03/02/business/online-sportsbook-5dimes-costa-rica-money-laundering-probe/ and accused of moneylaundering. So it happened they now pay out players and business partners ONLY in Bitcoins. It is not pennies, they are making netto tens of millions per year.
Then came Panama leaks, banks got crazy now. I think the biggest bookie for US: Bovada, finally adopted Bitcoins. I tried to persuade them for maybe 2 years and they thought it is some kid's play. Now Bitcoin seems to be their hope. One month ago they told me they are trying it. Today they told me that the only option to get money from them is Bitcoin.
Those are big news. I believe together with halving we will see now incredible surge of value. This is not about buying coffee in Starbucks, which is nonsense. Those are quite large bitcoin transactions that do not care much about transaction fees. Imagine that the fees that bookies pay to get money to and from US are at 5-10%.
I have a feeling something has now started to move and avalanche is approaching. I am very much surprised nobody informed about this gambling development yet. Bitcoin is not just an option, it becomes the only option.
You are so full of misinformation. 5dimes seems to have a few other methods available for payouts.
Money laundering in any currency is going to be investigated, Bitcoin isn't going to help.
