The online casino industry and the world as a whole is gradually shifting away from tangible cash toward cryptocurrency such as Bitcoin. Thanks to the rise of Bitcoin and similar cryptocurrencies, online gambling has dramatically improved. The online gambling industry has progressed quite quickly considering the fact that the first-ever web-based Bitcoin casino, Bitstarz, launched less than a decade ago.
It is quite possible Bitcoin casinos will supplant traditional online casinos at some point in the future. The only question is how quickly our “crypto future” will take shape.
Bitcoin and other cryptocurrencies are popular for several reasons. Crypto cannot be tracked by the government nor other potential overseers. However, the blockchain makes Bitcoin quite secure and seemingly impossible to counterfeit. Add in the fact that Bitcoin casinos provide users with complete privacy and anonymity and it is easy to understand why these crypto casinos are soaring in popularity.