It’s clear that Bitcoin is already proving an influential force amongst online casinos, and indeed online service providers and retailers more broadly. But for now, there remains a single major issue that’s standing in the way of its mass adoption.
When you pay with a recognised international currency, through a debit card or through Paypal funds or similar, you’re able to buy pretty much anything you want, so long as it’s legal. Online, your money will be accepted through e-commerce stores, and you’ll have very little difficulty finding an online casino willing to accept your deposit.
This is unfortunately not yet the case with Bitcoin. In particular, the big boys of the industry like partycasino have yet to announce they will accept Bitcoin. This reflects the broader position across the online economy, where major retailers are, by and large, still not able to accept transactions in Bitcoin.
Before that can happen, the currency must continue to prove itself, and gain the trust and support of more consumers. At this stage, you can bet the major operators won’t be too far behind in enabling Bitcoin payments.
For the time being, it remains an unstable currency based on a new technology. As it continues to mature and develop, it looks certain that the growth of Bitcoin is providing a window into a possible decentralised currency future, both for online casinos and players alike.
Ref: Newsbtc
