Incredible Growth Rate of the Bitcoin Gambling Industry
The first Bitcoin transaction happened in 2010, this transaction was for a Pizza that cost 10,000 Bitcoins. Since then digital currency has seen significant growth and interest from many online businesses. He industry scouts and many entrepreneurs saw the new technology of Bitcoins as a tool that could revolutionize the way payments are made over the Internet.
The Bitcoin Gambling Industry
One of the Industries that Bitcoin could have a huge potential in the Gambling Industry. Just shortly after that first Bitcoin transaction many of the Online Casino’s saw its potential and began implementing the options to utilise this new currency as a new business model that could fit perfectly. Some of the features of Bitcoin transactions were that it was decentralized, virtually anonymous, and ha its own rules that are not subject to the rules and regulations pertaining to conventional currencies. The result is that it has become very popular with new industries and many online based businesses, plus it has also started a completely new parallel economy.
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