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Topic: Cryptocurrency and Gambling - page 5. (Read 882 times)

hero member
Activity: 1750
Merit: 589
October 21, 2022, 11:13:25 AM
#2
Well for one the two is closely tied given the fact that a couple of cryptocurrency projects offer betting and gambling as one of their "features", and some will always see any form of chance-based earning as a form of gambling no matter how structured the inner workings of it is. Although posts like these are important in creating a distinction between the two to at least separate them as two completely different concepts that just happened to coincide based on the circumstances.
sr. member
Activity: 1918
Merit: 370
October 21, 2022, 11:08:54 AM
#1
Many people still think of cryptocurrency as gambling. While gambling relies on chance, cryptocurrencies rely on arithmetic and cryptography.

Given the parallels between cryptocurrency and gambling, this makes sense. Both are fast-paced, the value of crypto is unpredictable.

Cryptocurrency is chance-based, rooted in exceptional circumstances like influencer opinions, values might drastically change.

And both crypto and gambling (online gambling) are accessible all day and night.
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