Gambling has always been a part of human society. Since the Ancient Era, men have engaged in various games of chance. Whether it be dice games, card games, or something entirely different, gambling is an intrinsic part of our entertainment. And if we look back throughout history, we could see how gambling has evolved to better fit the society.
What started as street games, evolved into pub games. From pub games to grand casinos. And now, in the 21st century where Information technology dominates, it is online casinos that reign supreme.
In the late 90s, online casinos first hit the scene. Poker rooms and video poker games grew in popularity. Throughout the 21st century, casinos online became even more popular. By clicking here, you can find a wide variety of casino websites, all of which feature different games that you can enjoy. However, in the 2010s a new kind of online gambling made it big. So, let’s take a look at the phenomenon that is the crypto casino.
What is Crypto?
For those who may not know, cryptocurrency (or simply crypto) refers to a digital and decentralized currency, which was first invented in 2009. The anonymous creator, known only by his moniker “Satoshi Nakamoto” released a paper titled “Bitcoin: A Peer-to-Peer Electronic Cash System”. In this paper, he shone a light on the benefits of digital and decentralized currency, which does not fall under any bank or government authority.
Since then, Bitcoin and its countless imitators have grown in popularity. Today, the crypto market is one of the most popular trading markets in the world. Bitcoin has garnered mainstream popularity. According to some polls and surveys, over 40% of American adults have shown interest in Bitcoin, or other cryptocurrencies. On top of that, many legitimate businesses are now opening up to the idea of accepting crypto-based payments. So, it is no surprise at all that crypto casinos are now on the rise.
What are Crypto Casinos?
Finally, we get to what crypto casinos are. And as the name suggests, crypto casinos are online gambling websites that focus on accepting crypto-based deposits and delivering crypto-based withdrawals. In other words, these are websites that run entirely on cryptocurrency.
So, what separates crypto casinos from regular online gambling websites? Well, the truth is, nothing really. Crypto casinos largely feature all of the same games and all of the same bonuses and promotions. The only real difference is that most mainstream gambling sites will embrace various forms of payment, whereas crypto-based websites only accept Bitcoin, and other cryptocurrencies.
So, if you are wandering, what the best cryptocurrencies are, to use on these websites, the answer is simple. Bitcoin is always good, as most of these sites will accept it. The same is true for Ethereum, which enjoys the silver medal for the most valuable and best-known cryptocurrency. Aside from them, you will often find that these sites accept Tether, Ripple, Dogecoin, and the numerous Bitcoin forks that have made it big.
So, we hope that this article has helped you to learn a little something about the world of cryptocurrency and crypto gambling. If you have any interested at all in the topic, then check out the various crypto-gambling websites that exist online today.