Cryptocurrencies are becoming more and more active in our lives: when shopping in the city, on the network / Internet, and now in virtual casinos. Big names like bitcoin and litecoin have long been freed from the prejudice that they are just stock market speculation - 10 years ago, things were different. The benefits of virtual currencies are becoming more and more visible even to ordinary consumers. Technology has established itself primarily as a means of payment.
The crypto casino trend https://bitcoincasinoz.net/shiba-inu-casino/ has been around for several years now. Gambling houses that include cryptocurrencies in their portfolio. In some places, for example, deposits can be made in "bits" - small units of bitcoins - and winnings can be received in the same way. Not all theaters have picked up on this trend yet. The question arises about the pros and cons in the context of crypto casinos: will the rapid rise continue and will all casinos sooner or later switch to it, or is this a short-term trend with a limited lifespan? We want to explore this and more here.
A look into the future - And how it was 10 years ago...
To answer many questions about the speculative future, you need to look back 10 or even 20 years ago. Bitcoin, as arguably the best cryptocurrency - which is why we will focus on this medium - has experienced tremendous growth. It was released in 2008/2009 and cost just under 10 cents per unit. It reached triple digits in 2013 and surpassed $10,000 in 2017. Since then, the digital currency has remained at an average five-figure level with an upward trend.
This climb was anything but smooth. The popular digital money has seen many price drops of more than 30% on the way up. No wonder many still consider cryptocurrencies to be just speculation. The growth of some values, whether it be stocks, currencies or something like that, has been so spasmodic. However, the value of this currency cannot be denied, no matter how one views Bitcoin as an investment or a technology.
Signs indicate...
In the context of the last ten years, much more accurate forecasts for the future can be made. From our point of view, the most obvious point is also the most important one: a trend that has lasted for more than a decade is more than pure "speculation" or "financial bubble". Here we are not talking about specific price values, but about general events. Cryptocurrencies such as bitcoin and many others, of which there are currently over 10,000 cryptocurrencies, have clearly established themselves in the market.
With value generation growing implementation e.g. B. Bitcoin casino instead. At the latest, when a significant number of normal stores - whether online or in real life - include Bitcoin & Co. in their portfolio, no online casino will be able to avoid it. The normative question quickly becomes descriptive: crypto as a means of payment represents the new current state.
So the question will be how and how quickly bitcoin casino will conquer the online casino segment. Our thesis is by no means that in a few years every single casino will offer cryptocurrencies as a payment method, although this theory is much more likely than the opposite. But we would love to get carried away with the forecast: more and more online casinos will switch to digital money or offer it as an additional payment option.
Because here lies the real highlight of the whole story: nobody has anything to lose here. This is not just a question of developing any values, but a question: what are the disadvantages of implementing this technology? The technical effort to integrate a new currency as a payment system into your own website is relatively low.
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