There’s no doubt in the minds of most players and many casinos that Bitcoin is a feature of mobile gambling that’s here to stay. If you wanted to gamble online or on your mobile using Bitcoin a year ago, your choices would have been severely limited. However, today Bitcoin games and casinos are varied and interesting. While this transition has been gradual, a big indication that the tide is changing will come in 10 days’ time, when the Global Bitcoin Conference in Prague will focus an entire section of the conference on the use of Bitcoin in mobile gambling.
There are three big reasons why the attendees want to discuss the relationship between Bitcoin and iGaming, and while these reasons are related, they definitely come at the scenario from different angles.
First and foremost, you’ll be unsurprised to hear that there’ll be people attending the conference who want to promote the adoption of the cryptocurrency throughout more of the remote gambling industry. Whether it be operators, casinos and developers trying to plug their wares and make a quick buck, or simply Bitcoin evangelists who want to be able to use it in as many places as possible, there’ll be no shortage of people promoting Bitcoin for online and mobile casinos.
While promotion might sound like a self-interested endeavour, in reality it could be doing a great service. We’ve written extensively about the benefits of using Bitcoin when you gamble and how it fares against other payment methods, so we understand how Bitcoin is changing the way we play, and probably for the better. Selling it just makes sense.
If someone is going to buy something, they’ll probably want to understand it first. The next big reason we’re seeing the iGaming section at the conference is to help Bitcoin aficionados understand the online and mobile gaming industry, and vice versa, AND to help both parties understand how the relationship is mutually beneficial.
One of the great democratising features of Bitcoin is that it equally benefits both operators and players. The cryptocurrency removes the control of the industry from states and banking institutions, and lays it firmly back in the hands of the people involved in it. Communicating this will be a key ask for attendees.
You don’t need me to tell you how ingrained in the gaming industry Bitcoin has become over the last couple of years – but what does the future hold for the burgeoning currency and its gaming companion? Well, that’s something to be discussed and explored at the conference as well, and something we should all be taking keen notice of. While we knew that 2015 would be a make or break year for Bitcoin, it'll be interesting to hear what the experts have to say on the matter. I obviously am not in a position right now to offer any spoilers, but will certainly be on hand after the conference to fill you in on any big news.