That's the dream but the chances of that happening is almost zero, the big gambling sites are already profiting from their traditional currency based system, i don't see any reason then diverting into the cryptocurrency system unless the industry achieve world wide adoption which isn't happening anything soon. Majority or all of the online gambling site can only be cryptocurrency based if currency like bitcoin gets recognized as a whole currency. So until we have achieved that goal, this is just impossible.
Probably it will happen but it takes time to that dreams could be true. Well, as I noticed that the companies who are continuing emerging now are these gambling sites. The number of companies that still growing right now is in the gambling industry. I have a doubt that all online gambling companies will only accept cryptocurrency because it is easy and reliable to use. However, since it is online gambling the possibility of using cryptocurrency is a high chance. 
Topic: Will There Comes A Time That All Online Gambling Sites Are CryptoCurrency Based? - page 6. (Read 3847 times)
September 25, 2019, 06:56:26 PM
September 25, 2019, 06:11:47 PM
Anonymity and popularity of Cryptocurrency are two of it's the best attraction.
And Cryptocurrency games are more transparent.
Will, there comes a time that all online gambling sites will be Cryptocurrency based?
And Cryptocurrency games are more transparent.
Will, there comes a time that all online gambling sites will be Cryptocurrency based?
We could see a majority of gambling sites accepting crypto. But for gambling site to completely ditch fiat, the world should do it first.
Crypto is still in it's early stage and developing. We don't know it's actual potential yet. Maybe we could have something different from what we call crypto or what we call fiat that could be the defacto money in the future. For current time, crypto gambling are getting more and more popular.
September 25, 2019, 05:56:12 PM
I would want to see that one day but the truth is that it's unlikely. There are still a lot of online fiat casinos that exists today and we don't even know if they will start to adopt cryptocurrencies and accept it as their currency too.
Not every gambler would like to use crypto and this is one sad reality. We're all here because we like bitcoin and other crypto stuffs but this is a huge world and thinking that most casinos in the future are crypto based, chance is slim.
Agreed, and gambling industry is very big. It considers all category of people which means users who love cryptocurrency, people who doesn't want to use cryptocurrency for gambling and other needs. This means we cannot make a person into compulsion, which might end the gambling habit of the gambler. The gambling network is always in need of more and more common people using their services. Taking it into consideration they'll provided as much support for different user category and only cryptocurrency is unlikely. Not every gambler would like to use crypto and this is one sad reality. We're all here because we like bitcoin and other crypto stuffs but this is a huge world and thinking that most casinos in the future are crypto based, chance is slim.
September 25, 2019, 05:51:47 PM
I doubt it, for that to happen we will need for bitcoin to become the most dominant currency around the world, and while that possibility cannot be discarded I really doubt that governments are ever going to stop printing their own currencies since it gives to them too much unilateral power over people and their futures, however if bitcoin becomes big enough then I do not see why we could not reach a point in time in which every big casino has to accept bitcoin and other cryptocurrencies if they want to remain profitable.
I agree but it's not even about Bitcoin been the dominating currency but on what will happen to countries where cryptocurrency are banned.Or else if the casino refuse to register their company or get a licence for it (which is not a good idea for authenticity) ;it cannot work.
September 25, 2019, 05:00:12 PM
I would want to see that one day but the truth is that it's unlikely. There are still a lot of online fiat casinos that exists today and we don't even know if they will start to adopt cryptocurrencies and accept it as their currency too.
Not every gambler would like to use crypto and this is one sad reality. We're all here because we like bitcoin and other crypto stuffs but this is a huge world and thinking that most casinos in the future are crypto based, chance is slim.
Not every gambler would like to use crypto and this is one sad reality. We're all here because we like bitcoin and other crypto stuffs but this is a huge world and thinking that most casinos in the future are crypto based, chance is slim.
September 25, 2019, 04:47:00 PM
There will never be all sites avoiding FIAT because more then ever in future people will have excess FIAT to spend and use. I'm quite certain we will see a generation of inflation and excess money, you can see this will happen by the mountains of debt surrounding most people in most countries. The debt is not repayable except by continually throwing out new cash to issue a lower rate of worth in repayment of the debt, its a trick continually repeated.
Governments may have all sorts of rules and regulations but the biggest motivator for them is like most people, to stay alive. Too much debt and they will go broke, this excess money is there only chance not to screw up in the vast majority of cases of nations with large debt. We can be sure there will many places using FIAT for a long time because the money itself is going to be plentiful and worth much less every year.
Governments may have all sorts of rules and regulations but the biggest motivator for them is like most people, to stay alive. Too much debt and they will go broke, this excess money is there only chance not to screw up in the vast majority of cases of nations with large debt. We can be sure there will many places using FIAT for a long time because the money itself is going to be plentiful and worth much less every year.
September 25, 2019, 03:44:32 PM
I doubt it, for that to happen we will need for bitcoin to become the most dominant currency around the world, and while that possibility cannot be discarded I really doubt that governments are ever going to stop printing their own currencies since it gives to them too much unilateral power over people and their futures, however if bitcoin becomes big enough then I do not see why we could not reach a point in time in which every big casino has to accept bitcoin and other cryptocurrencies if they want to remain profitable.
I agree but it's not even about Bitcoin been the dominating currency but on what will happen to countries where cryptocurrency are banned.Or else if the casino refuse to register their company or get a licence for it (which is not a good idea for authenticity) ;it cannot work.
September 25, 2019, 02:12:23 PM
Anonymity and popularity of Cryptocurrency are two of it's the best attraction.
And Cryptocurrency games are more transparent.
Will, there comes a time that all online gambling sites will be Cryptocurrency based?
I doubt it, for that to happen we will need for bitcoin to become the most dominant currency around the world, and while that possibility cannot be discarded I really doubt that governments are ever going to stop printing their own currencies since it gives to them too much unilateral power over people and their futures, however if bitcoin becomes big enough then I do not see why we could not reach a point in time in which every big casino has to accept bitcoin and other cryptocurrencies if they want to remain profitable. And Cryptocurrency games are more transparent.
Will, there comes a time that all online gambling sites will be Cryptocurrency based?
September 25, 2019, 08:02:33 AM
Anonymity and popularity of Cryptocurrency are two of it's the best attraction.
And Cryptocurrency games are more transparent.
Will, there comes a time that all online gambling sites will be Cryptocurrency based?
It's possible if the government will wish to. However, this scenario is less likely to happen since government is not a fan of online gambling since it's very hard to monitor although it's crypto based. Transaction in crypto is transparent and irreversable however it's impossible to identify who's the real person involved in thar transaction in which it limits the scope of watchers in determining the identity of a person who is involved in any shady activity. I think stricting and regulating mixers should be their first step before considering this.And Cryptocurrency games are more transparent.
Will, there comes a time that all online gambling sites will be Cryptocurrency based?
Many governments don't really have problems with online gambling. There are lots of fiat based online gambling registered and regulated by governments. I think what most governments will have hard time accepting are gamblings based on cryptocurrency.
September 23, 2019, 03:12:23 AM
Good point, the fact is here that's why they are prefered to use cryptocurrency rather than fiat. When you using fiat in online gambling most probably they are asking KYC or it will be linked to your bank account which is not good because it might be the reason for blocking your bank account to the bank. It's very fit if they used cryptocurrency in all gambling aspect online. Nevertheless, this process is I have seen in the majority of all gambling platform online.
There could be a lot of reasons why you want to hide your identity. - Protection from DOX
- You committed criminal acts
- Famous
And more of other reasons why but why wouldn't you want to do KYC? It gives back and forth protection with the casino. Personally, I don't like to do KYC but if the company is trusted by other people and is registered with the right authorities, that's okay. I just don't think everyone would use cryptocurrencies with gambling because they are already making a lot of money using fiat. Think about it.
September 23, 2019, 02:47:50 AM
Good point, the fact is here that's why they are prefered to use cryptocurrency rather than fiat. When you using fiat in online gambling most probably they are asking KYC or it will be linked to your bank account which is not good because it might be the reason for blocking your bank account to the bank. It's very fit if they used cryptocurrency in all gambling aspect online. Nevertheless, this process is I have seen in the majority of all gambling platform online.
There could be a lot of reasons why you want to hide your identity. - Protection from DOX
- You committed criminal acts
- Famous
And more of other reasons why but why wouldn't you want to do KYC? It gives back and forth protection with the casino. Personally, I don't like to do KYC but if the company is trusted by other people and is registered with the right authorities, that's okay. I just don't think everyone would use cryptocurrencies with gambling because they are already making a lot of money using fiat. Think about it.
September 23, 2019, 12:54:01 AM
Anonymity and popularity of Cryptocurrency are two of it's the best attraction.
And Cryptocurrency games are more transparent.
Will, there comes a time that all online gambling sites will be Cryptocurrency based?
~snip~And Cryptocurrency games are more transparent.
Will, there comes a time that all online gambling sites will be Cryptocurrency based?
Cryptocurrency will be used by online gambling sites not because it is anonymous, popular, and transparent as the case may be right now but because there is no other money.
September 23, 2019, 12:36:24 AM
Anonymity and popularity of Cryptocurrency are two of it's the best attraction.
And Cryptocurrency games are more transparent.
Will, there comes a time that all online gambling sites will be Cryptocurrency based?
And Cryptocurrency games are more transparent.
Will, there comes a time that all online gambling sites will be Cryptocurrency based?
This is just a matter of time. And not just online gambling sites but also in all other aspects of spending. Cryptocurrency will be the currency of the future and so there is no other way for online gambling sites to develop but within the bounds of cryptocurrency. Cryptocurrency will be used by online gambling sites not because it is anonymous, popular, and transparent as the case may be right now but because there is no other money.
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September 22, 2019, 11:57:44 PM
It's most unlikely to happen. But I'm not saying it's not possible. I just think most people would still prefer fiat over cryptocurrency, not only with gambling but as a general. Since it is the traditional one, it's hard to replace it with crypto-based when everyone were used to play using fiat.
I think offline gambling and crypto gambling will still operate separate because people will choose what they think is easy for them to playing gambling. For people who are involved in the cryptocurrency, they will think that it will be easy for them to use cryptocurrency to play gambling. As long as the fiat still be used as the payment, the offline gambling will still exist and will attract more people to come, and that will happen too with the cryptocurrency. Both offline gambling and crypto gambling will run by itself.
September 22, 2019, 02:04:14 AM
It's most unlikely to happen. But I'm not saying it's not possible. I just think most people would still prefer fiat over cryptocurrency, not only with gambling but as a general. Since it is the traditional one, it's hard to replace it with crypto-based when everyone were used to play using fiat.
But we are talking about online gambling sites here.
It is true that people will not let go of the traditional one but that would only be in traditional gambling too.
Online gambling will improve, it will develop and eventually, it will be going to that scenario, online gambling sites being cryptocurrency-based. It is a possibility since we are talking about the future.
they will not dissapear but will only evolve into into a better platform .
im expecting sooner or later that fiat and crypto will work together and gambling sites will also allow fiat and other centralized payment so that every people will also have the experience to try the other that they dont experience before . im also expecting that offline gambling places will soon evolve and will accept cryptos .
i think that would be cool . there will be no hate but only love .
September 22, 2019, 01:28:24 AM
The trend of gambling with fiat will decrease day by day as it is easy to gamble online using crytpto. This does not mean that physical casino will stop operating but they may also introcude the payment by bitcoin and other crypto curenices. Traditional gambling will exists but with new mode of payment i.e crypto currenices.
Yes, I agree with you. The physical casino will not stop operate because of online gambling with or without crypto. They still running their business because they know people need a physical casino to get the experience of playing gambling. The physical casino will gather many gamblers to still playing on that casino. But with the growth of technology, online gambling will also invite many gamblers to come and feel the new experience by playing online gambling. Many younger gamblers who are aware of the technology will come and play many gambling games. And with the existence of the cryptocurrency, it will bring a whole new experience to them.
September 21, 2019, 11:37:11 PM
It will never happen, most people continue to use government currency and it will stay like that. Crypto will always be a minority. I think people become too blinded by what average people do when they spend time on a niche forum like this one.
We also have to consider that many gambler still want to play on a traditional way and of course that’s playing online using fiat money. The government will always support that kind of business because they will earn on that, though crypto gambling are also growing I still see this one just an alternative for a gambler who know how to use cryptocurrency.The trend of gambling with fiat will decrease day by day as it is easy to gamble online using crytpto. This does not mean that physical casino will stop operating but they may also introcude the payment by bitcoin and other crypto curenices. Traditional gambling will exists but with new mode of payment i.e crypto currenices.
September 21, 2019, 08:54:34 PM
It's most unlikely to happen. But I'm not saying it's not possible. I just think most people would still prefer fiat over cryptocurrency, not only with gambling but as a general. Since it is the traditional one, it's hard to replace it with crypto-based when everyone were used to play using fiat.
But we are talking about online gambling sites here.
It is true that people will not let go of the traditional one but that would only be in traditional gambling too.
Online gambling will improve, it will develop and eventually, it will be going to that scenario, online gambling sites being cryptocurrency-based. It is a possibility since we are talking about the future.
September 21, 2019, 08:40:34 PM
It's most unlikely to happen. But I'm not saying it's not possible. I just think most people would still prefer fiat over cryptocurrency, not only with gambling but as a general. Since it is the traditional one, it's hard to replace it with crypto-based when everyone were used to play using fiat.
They are not going to take away the fist I have seen gambling site that offers fiat and Cryptocurrency deposits, gambling sites will do everything to attract and make their site appealing to every sector of gamblers, they will not want to leave one big sector because they will lose a lot and their gambling site will not be competitive.
September 21, 2019, 02:42:24 PM
We also have to consider that many gambler still want to play on a traditional way and of course that’s playing online using fiat money. The government will always support that kind of business because they will earn on that, though crypto gambling are also growing I still see this one just an alternative for a gambler who know how to use cryptocurrency.
The point on this is that; what will happen if fiat is no more in use, will the gambling site force it against the popular view of the usage in cryptocurrency. So it is possible to happen.
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