We love Cryptocurrency because of its features like decentralization, anonymity, less charges and easy to transact.
There are countries that do not allow gambling and have strict laws. Cryptocurrency based gambling are like safe heaven for these gamblers. This is one of the primary reason why Bitcoin casinos are a hit.
Problem with Fiat is transaction charges and the chances of it getting declined, while you try to deposite it to the gambling platform. That does not seems to be a problem when you are using cryptos.
Topic: Gambling with Fiat or Crypto? - page 21. (Read 3124 times)
What's best for gambling online? Crypto or Fiat? As for me, I'd rather go full crypto than Fiat for many obvious reasons. Crypto may be extremely volatile, but it's anonymous (depending on the coin) and censorship-resistant. Fiat may bring convenience to people that are not tech-savvy enough to understand crypto, but it can easily be traced by worldwide governments.
Crypto enables online casinos to perform their operations in a somewhat anonymous fashion. Both the gambler and the owner benefits from this. But I understand that crypto is still not accepted at physical casinos. In this regard, Fiat is the winner.
Nonetheless, what are your thoughts?
We already have several mega threads about this topic.Crypto enables online casinos to perform their operations in a somewhat anonymous fashion. Both the gambler and the owner benefits from this. But I understand that crypto is still not accepted at physical casinos. In this regard, Fiat is the winner.
Nonetheless, what are your thoughts?
https://bitcointalksearch.org/topic/are-you-guys-started-to-gambling-with-cryptos-or-fiat-money-5176651
https://bitcointalksearch.org/topic/why-not-just-gamble-with-fiat-5100084
https://bitcointalksearch.org/topic/fiat-or-crypto-betting-in-bear-market-5074880
I prepared crypto online gambling than fiat online gambling, honestly believe me or not I am not playing gambling before through online because of crypto online gambling I start enjoy to get the opportunity. I gamble fiat illegal gambling in my street it called pusoy a card games, but after I try online crypto gambling I enjoy it no hassle to caught by the authorities.
What's best for gambling online? Crypto or Fiat? As for me, I'd rather go full crypto than Fiat for many obvious reasons. Crypto may be extremely volatile, but it's anonymous (depending on the coin) and censorship-resistant. Fiat may bring convenience to people that are not tech-savvy enough to understand crypto, but it can easily be traced by worldwide governments.
Crypto enables online casinos to perform their operations in a somewhat anonymous fashion. Both the gambler and the owner benefits from this. But I understand that crypto is still not accepted at physical casinos. In this regard, Fiat is the winner.
Nonetheless, what are your thoughts?
Crypto enables online casinos to perform their operations in a somewhat anonymous fashion. Both the gambler and the owner benefits from this. But I understand that crypto is still not accepted at physical casinos. In this regard, Fiat is the winner.
Nonetheless, what are your thoughts?
As for me, every currency or asset used is the best since Gambling is Gambling. If I saw a certain bet or games that catch my interest, then I will take it no matter what is used on either crypto, fiat, etc. Been doing gambling outside the crypto world that's why I don't have a concern or issue regarding gambling with the used of fiat.
But honestly, there shouldn't be a fiat vs crypto comparison here since the majority of people here in this forum will surely choose crypto. Also, both have advantages and disadvantages. If we take this discussion outside the crypto forum, we will surely see that most people have different preferences regarding these.
Crypto for me any day, any time.
Where i come from the tax on gambling winnings is so high and it breaks my heart see almost over 20% of my winnings go to the ridiculous tax collectors . But ever since i discovered bitcoin and crypto. I am able to gamble on websites outside my jurisdiction and receive my winning without anybody even knowing
This could not be possible at all with Fiat
Where i come from the tax on gambling winnings is so high and it breaks my heart see almost over 20% of my winnings go to the ridiculous tax collectors . But ever since i discovered bitcoin and crypto. I am able to gamble on websites outside my jurisdiction and receive my winning without anybody even knowing
This could not be possible at all with Fiat
Crypto enables online casinos to perform their operations in a somewhat anonymous fashion. Both the gambler and the owner benefits from this.
Just what you have said, I chose crypto over the other because of less hassle and anonymous, it is also fast.
With the emergence of online crypto casino, people can now gamble even on the move, they can bet anywhere they want as long as they have their android phone with them. Though not an advantage all the time but still it give convenience to those people who really like to bet.
I don’t play online casinos with fiat money because i usually go to actual casinos and play there, and mostly use my bitcoin to gamble online which is more convenient for me. Crypto gambling enables us to have fun even if we are at home and makes transactions even faster and still your identity is unknown. Online gambling using fiat money is quiet boring for me, i’d rather explore the cryptoworld and have fun.
Online casinos make your life easier so to speak. We are lucky that we have crypto now that can be used on these online gambling sites. But for physical casinos, of course, I still use fiat as crypto is not yet of use in my local casino. But most of the time, I use online casinos for so many reasons that everyone is already enjoying - comfort of playing while you are at home, no distraction, no need to dress up or any of that sort and many more.
Personally, I tend to gamble with fiat since the poker houses I play at only accept fiat (e.g. chips). However, I've dabbled with online gambling with cryptocurrencies on several different platforms including casinos and sportsbooks, but I wouldn't say this is my usual.
So far, I don't think I've seen any gambling platforms that offer both cryptocurrency and fiat gambling. Though I would expect it would be quite easy to integrate into brick and mortar casinos, but quite difficult for online casinos due to regulatory issues.
So far, I don't think I've seen any gambling platforms that offer both cryptocurrency and fiat gambling. Though I would expect it would be quite easy to integrate into brick and mortar casinos, but quite difficult for online casinos due to regulatory issues.
Gambling with crypto is more comfortable than doing the same with fiat. The process involved is big, and that requires patience to fulfill all the necessities required from the banking end. With crypto these days websites have got inbuilt wallets for majority of the cryptocurrencies in the top order. I prefer to play with bitcoin, ethereum and xrp.
I don’t play online casinos with fiat money because i usually go to actual casinos and play there, and mostly use my bitcoin to gamble online which is more convenient for me. Crypto gambling enables us to have fun even if we are at home and makes transactions even faster and still your identity is unknown. Online gambling using fiat money is quiet boring for me, i’d rather explore the cryptoworld and have fun.
What's best for gambling online? Crypto or Fiat? As for me, I'd rather go full crypto than Fiat for many obvious reasons. Crypto may be extremely volatile, but it's anonymous (depending on the coin) and censorship-resistant. Fiat may bring convenience to people that are not tech-savvy enough to understand crypto, but it can easily be traced by worldwide governments.
Crypto enables online casinos to perform their operations in a somewhat anonymous fashion. Both the gambler and the owner benefits from this. But I understand that crypto is still not accepted at physical casinos. In this regard, Fiat is the winner.
Nonetheless, what are your thoughts?
Crypto enables online casinos to perform their operations in a somewhat anonymous fashion. Both the gambler and the owner benefits from this. But I understand that crypto is still not accepted at physical casinos. In this regard, Fiat is the winner.
Nonetheless, what are your thoughts?
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