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Untitled 6 - Casino Games with Best Graphics That Accept Cryptocurrency
The USA
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Casino Games with Best Graphics That Accept Cryptocurrency

Written by:Charity Block ChainPosted on:

anonymity - Casino Games with Best Graphics That Accept Cryptocurrency

There are many ways to gamble in the U.S. but with the demands for more anonymity and finding more convenience – online casinos found their foothold. Las Vegas and the clink of real money and experiencing all its grandeur still remains as the gambling capital of the world.

Gambling using cryptocurrency is safe and secure. Provided of course that you are in the right gaming site. The most important part about protecting yourself is not about using the most encrypted of the cryptocurrency denominations. It’s about making sure that you are aware of what you doing.

In this post we take a look at some of the online casinos that offer you engaging gaming experiences in terms of art and graphics. You’ll also be able to use your crypto coins to bet!

Vegas Casino Online

This website offers about 50 games definitely more than enough to satisfy any gambler in the market. The website also offers a detailed explanation of the games. They have great graphics and a design that is easy on the eyes.

They also provide great customer support which can help you with the sign-up process and all related gaming concerns that might come up. They offer handsome bonuses which give them good customer retention and playability.

They accept cryptocurrencies as well as other more traditional payment methods.

Bovegas Casino

If you are looking for more realism in your online gaming then Bovegas Casino is the one you are looking for. They have a good team of developers who are doing their best to create graphics that will bring the air of a real casino.

They also have great customer support and probably the only things they cannot provide you are the free drinks and high-roller VIP treatment. Now that is something you really need to go to Vegas for.

Cherry Gold Casino

"Casino Games with Best Graphics That Accept Cryptocurrency"
featured002 800x600 - 2 Hazards of Cryptocurrency Gambling in the U.S.
Cryptocurrency The USA
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2 Hazards of Cryptocurrency Gambling in the U.S.

Written by:Charity Block ChainPosted on:

Electronic currency 1024x684 - 2 Hazards of Cryptocurrency Gambling in the U.S.

Electronic currency may not be something new; in fact, paying through the wire goes back to 1871 when Western Union started utilizing the use of the telegraph. But the term cryptocurrency is new and has been around only for about 10-years.

Bitcoin is the more popular of these currencies and it was invented by a man named Satoshi Nakamoto. Now a bit of mystery comes with Bitcoin because nobody seems to know who Mr. Nakamoto is.

Nobody has ever seen him and there are speculations that he might be just a ghost. Just another character created in the realm of virtual reality.

But that’s also what cryptocurrency is. It’s not real money. It can certainly be used to trade but it’s like you have let’s say a sack of potatoes and you’ll trade it for a cow.

Trade when it first started out was simply that – trade something of value for another thing of value. You could trade your skills for food, shelter or clothing.

Trade has come a long way because we invented money. And that means that we are putting a monetary value on things, whether it’s your skills or a sack of potatoes.

And when you gamble using cryptocurrency on the internet, the chances of security breaches become even more problematic.

Security, Fraud & Laundering

Security Fraud Laundering - 2 Hazards of Cryptocurrency Gambling in the U.S.

Because cryptocurrency is near impossible to trace it has become a currency for those who want to skirt the laws governing money. Money laundering is one of the used cases for Bitcoin because of its anonymity.

The U.S. government has many such cases stacked already with more cases coming in and investigated daily.

Many groups especially financial groups are calling for global coordination to regulate and monitor the transactions of Bitcoin. There are many websites that offer its users the ability to gamble using cryptocurrency on the internet.

It would be in the best interest of the gamblers to really know these websites first before doing so.

Some of these websites belong to very sinister groups and they used these sites as mining sites for Bitcoin. They will then use the Bitcoins to purchase illegal or contraband items in the black market.

Uncertain Future & Value

future value - 2 Hazards of Cryptocurrency Gambling in the U.S.

Bitcoins and the other currencies in the market are all relatively new. And the biggest risk in these currencies is there values. Today 1-Bitcoin is equal to around $5,000.

Tomorrow that number could exponentially increase however there’s an equal chance that it will drop so badly to the point of no value.

Unlike a sack of potatoes cryptocurrency and real money only have an attached value. Based on the demands of the market and what we will all agree as to its value.

When you bet online using cryptocurrency you actually need to trade your real money for one of these electronic coins.

It would be a good idea to actually keep a sack of potatoes around when you are busy gambling online. Because you never know when these things might decide to cave in.

"2 Hazards of Cryptocurrency Gambling in the U.S."
Untitled 7 - From Gambling with Gold Coins to Bitcoins
Gambling
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From Gambling with Gold Coins to Bitcoins

Written by:Charity Block ChainPosted on:

The First Wager

Wager - From Gambling with Gold Coins to Bitcoins

Many people would say that gambling is both an art and a science. And you could bet that there are a lot of supporting writing about it. But who thought about it?

Well, evidence suggests that gambling dates back to the Paleolithic period. Basically, back in the days where everyone was still learning the science of cave architecture.

And when man was still figuring out how to draw a straight-line using animal blood and plant stains and the occasional neighbor’s blood.

It’s crazy to imagine what it was like when the first dude who thought about gambling wagered for the first time. Did he wager on something important? Like his favorite club against a shiny rock? Or was it more like a dare?

The bravado of an inexperienced caveman teen saying that he could catch a sabre-tooth tiger with his bare hands.

Whatever it was we will never know but that first act forms the foundation of what we call today as gambling. And we have a lot of these activities nowadays. We gamble on anything from sporting events to card games, animal fights and even human fights.

The idea of wager has remained what it was since its invention.

The Invention of the Dice

Invention of the Dice 1024x683 - From Gambling with Gold Coins to Bitcoins

And about 3000 BC gambling saw another evolution when the dice was introduced by the people of Mesopotamia. In this period, we were gambling on odds. We prayed and sacrificed just about anything to change the odds in our favor.

We have been doing it since time immemorial but this time we have put a mechanism on it.

The dice is still around and still one of the most favorite means of gambling. We see it every day and everywhere. The dice is also very easy to transport and you can always have one or two in your pocket.

The  Digital Gambling Arena

Digital Gambling Arena - From Gambling with Gold Coins to Bitcoins

The new arena in gambling is the cyber world. The new Las Vegas or Macau casinos are no longer made out of bricks and stone. They are made of 0 and 1. They are nothing like the old gambling casinos or gambling ways.

In the digital age, gambling has changed to something that is difficult to imagine.

In ancient times when you gamble, you simply have to declare it and then bring out some dice and your gold. But nowadays you bring out your cryptocurrency and your digital dice.

For one, cryptocurrency has no clear governing body yet.

However, the casinos that are operating and allowing the use of cryptocurrency must have the appropriate license to operate. Cryptocurrency also brings the fact that they may have value today but could lose that value by tomorrow.

It is also important to note that cryptocurrency by its nature can protect the identity of the player far better than traditional gambling.

And this also creates problems for authorities who are trying to make sure that gambling remains secure and will not fall in the hands of those who might use the sites as a way for undesirable entities to trade using cryptocurrency.

"From Gambling with Gold Coins to Bitcoins"