Bitcoin Set to Disrupt the Online Casino Industry

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(Newswire.net — February 12, 2018) — As the world’s first cryptocurrency and digital medium of exchange, Bitcoin is not a trend that will cease in the near future. On the contrary, Bitcoin’s philosophy of decentralized interactions which previously depended on a central authority is reshaping the global community due to increased protection and privacy that these revolutionary ideas had created.

By offering more protection than any traditional currency, no wonder Bitcoin has been embraced by the online gambling industry. A distributed, decentralized, and secure information economy which can survive a range of information tampering attacks is on the horizon to mend the shortcomings of the current economy.

Gambling is causing a lot of difficulties to U.S. taxpayers due to increased tax rated and severe prenalties. Not that this has prevented gamblers from using both physical and virtual casinos but stricter measures are on their way. Until recently, online casino gamblers had to constantly worry if their personal information will be end up being exposed. This is no longer the case as bitcoin gambling is able to diminish these negative effects due to its sophisticated privacy features that protect users’ identities. This level of anonymity has never been available to online gamblers prior the invention of cryptocurrencies, which is why a significant wave of newcomers in online gambling is expected.

Besides the gift of privacy and being worry-free, Bitcoin and Blockchain technology have eliminated the ‘middle man’, allowing customers to withdrraw their funds quickly and virtually without any fees. By using Bitcoin, there are no more delays in sending and receiving payments as with credit cards due to a decentralized system which is no longer dependant on a central authority. Besides the benefit of timing as there are no credit card companies taking forever to process transactions, there are no credit card fees to be paid. This significant savings is expected to further boost the growth of the online casino indsutry.

These are just some of the main reasons why Bitcoin is on the path to become the dominant global currency. If there is a downside to it, it is its volatility and online casinos will be able to cover for this short-term risk in the near future.

With Bitcoin’s value rising from $0.0008 when it was invented in 2009 to $17,900 in December 2017, investors are only left wondering where to spend it and leisure in cyberspace is a good way to keep the brain young, and perhaps even increase one’s wealth at the same time.

Launched in 2014, Crypto-Games.net is an online gambling website offering seven games, Dice, Blackjack, Slot, Roulette, Video Poker, Plinko and Lottery. The Crypto Games team is made of a group of cryptocurrency fans who work in the IT industry as programmers and system engineers. They learned of Bitcoin back in 2011 and found its framework to be promising. Their main goal is to offer their customers the opportunity to gamble online with virtual currencies safely and responsibly as currently there are only few special casinos accepting Bitcoin deposits and offering Bitcoin withdrawals. Their mission is to be the leading digital entertainment company that anticipates market demands and delights their players by offering smart, safe, and fun virtual money games. Moreover, they aim to “help as many people as possible to gamble for their own personal reasons, wishing everyone to catch the winning spririt.”

For any further information, you can visit Crypto-Games.net. For any queries, complaints or messages, you can email them at support@crypto-games.net or leave a message at their Official Bitcointalk Thread.