MintDice Blog

The use of Bitcoin in online gambling has become a popular attraction for gamblers all around the world. Due to its decentralized nature and a host of accompanying benefits, the pioneer cryptocurrency has been used as a tool to make gambling more efficient.

Since the introduction of blockchain technology through the emergence of Bitcoin, there have been claims that it has the potential to disrupt many industries. While these claims are often blown out of proportion, they are not unfounded. Blockchain acts as a digital ledger where transactional data can be recorded.

It’s no longer a stretch to say that cryptocurrency may play a huge role in how money is generally perceived in the future. For now, however, digital currencies and the teams behind them continue to figure out ways to get from the starting point (Bitcoin) to the future of decentralized storage of value.

The first week of February was marked by heavy downward movements for many digital currencies. However, the middle of the month saw some recovery, leading up to surprising bull runs in the fourth week.

The growing popularity of Bitcoin has impacted online gambling just as much as other industries. Due to the regulatory, financial, and safety net that the decentralized digital currency provides, it has proven to be a viable currency for various types of online gaming.

Many are now wanting to get Bitcoin fast rates with little-to-no work. So this leads us to question—in the case of Bitcoin gambling vs. Bitcoin investing, which one is safer?

At this rate of adoption, it comes as no surprise that Bitcoin is also taking the gambling world by storm. In fact, the gambling industry was one of the earliest adopters of digital currency, with some Bitcoin casinos dating back to 2014.

From its launch into public consciousness more than 10 years ago, Bitcoin has evolved from a cryptocurrency proof-of-concept into a real force, capturing the attention of economists, technologists, and everyone in between. It even helped spur the onset of 2,000+ cryptocurrencies, yielding a record high of nearly $20,000 per coin.

Bitcoin dice is one of the most popular Bitcoin games available for online gambling. According to some reports, it became the first casino game on the Bitcoin network when the now-famous site Satoshi Dice introduced it.