Why You Should Choose A Why You Should Choose A Provably Fair Bitcoin Casino |
Posted: July 28, 2017 |
Provably Fair Bitcoin CasinosWhen first introduced the Bitcoin was such an innovation in monetary transactions that no one really knew whether it would last or not and it was classed as a flash in the pan for many. However, it has revolutionized the gambling industry and is the fastest growth in this multi million dollar industry. Many have come to accept it alongside other currencies and some casinos are based on accepting Bitcoin only. It has had its ups and downs as with any new product but is now accepted as legal tender by over 80 countries including the USA, Great Britain, and Japan. When something is accepted in so many countries it is like an unstoppable train and will soon have to be accepted everywhere. Because it is classed the same as a currency it is not liable for VAT and as its acceptance has been confirmed its rise has been meteoric. Bitcoin Demand Fueled By The Betting CommunityWhy the betting community find it so much better than other currencies is because your transactions are anonymous due to there being no third party involved like a bank. Hence no fees and transactions are nearly instant. This means casinos have to accept it if they wish to retain their place in the market. It has benefitted others too like VPNs that allow prospective customers to gamble if their countries have draconian laws on gambling. Another reason that it is favored by gamblers is that it is operated under a Provable Fairness umbrella that means its transparency is able to be checked and confirmed. As the advantages of Bitcoin are realized and more and more people enjoy its advantages then casinos will have to and indeed many are investing in new technology to take advantage of this fantastic boost to their industry. At Bitcoin Casino No Deposit Bonus we are committed to helping our visitors find the best BTC promo codes from gambling sites that offer a provably fair system. It will not be long before all casinos and sportsbook markers will have to alter due to the huge impact the blockchain is going to have on the sector. With peer to peer gambling along with provably fair gambling platforms this sector is only going to continue to grow. Other cryptocurrencies are also becoming popular such as ETH. At Bitcoin Casino No Deposit Bonus we are just in the process of finding the best Etherium Casino sites to include in our portfolio of top rated casinos on the blockchain.
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