Topic: Macau, Vegas, Bitcoin? (Read 713 times)

kkaspar

full member

Activity: 140

Merit: 100

banned but not broken

Gamble with bitcoin? You mean buy or sell at the market? Wink

It would be cool though if there were rooms in Las Vegas where people could gambl.. krhm... trade bitcoin in a big room with a big screen with market data. All the degenerate gamblers could make their little graphs there and try to rationalize their habits by justification that all is predictable.. it really is

Qoheleth

legendary

Activity: 960

Merit: 1028

Spurn wild goose chases. Seek that which endures.

That depends. What is it about Macau or Vegas that makes gambling there different from gambling on a website?

Is it the environment? The dazzling world of chiming slots and clacking chips and physical balls spinning in physical wheels? The ability for people to window-shop at games, and sit down at ones that seem interesting? If that's the differentiating factor, then such deployment would mean that bitcoin would be used by people, and in ways, that it would not otherwise be used. Velocity increases, driven by use and usefulness, and thus, so too does valuation.

If it's just that Macau or Vegas is a place where gambling is permitted and trustworthy, well, there's online solutions to that already. Trust-free gambling for bitcoins is something people can do right now. So it'd only be relevant to the extent that Bitcoin's presence at such institutions increases its mindshare and people's impression of it as a "real" thing.

BitEnthusiast

member

Activity: 73

Merit: 10

If you could gamble with bitcoin in Macau, and Vegas, what would a bitcoin be worth?

Bitcoin Forum>Economy>Economics>Speculation

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