Bitcoin has changed the way we think of internet commerce. Finally, the internet has a cost effective method of sending and receiving payments. Many reading this may not know that you can use Bitcoin to play online poker. Here we’re going to give you the advantages of using Bitcoin to play the game that you love. It’s important to note that playing with Bitcoin is exactly the same as playing for cash. This is because Bitcoin has value and it’s the same as winning or losing money.
The first advantage is one that most people enjoy about Bitcoin. Playing online poker isn’t legal in some areas. This means that you’ve got to jump through hoops to play a few hands online. It shouldn’t be this way, but it is. Most credit card processors won’t do business with online poker rooms. This makes it difficult, if not impossible for most poker rooms to operate. Some have found a way to process credit cards, but their stability has yet to be proven. Bitcoin on the other hand, doesn’t have this problem. There are no credit card processors to worry about and people from all over the world can use them. There is no way anyone can prevent you from playing poker when using Bitcoins.
Processing Bitcoin deposits can be super fast. Funding poker accounts with credit cards or other means can take quite a bit of time. It’s not always as instant as you would like it to be. That’s because the credit card processors have all kinds of hoops they have to jump through before depositing the money into your account. That’s never a problem with Bitcoin. The deposits are credited almost immediately when funding your account using Bitcoin. This is because deposits are done directly between you and the poker room. There is no barrier between you and the poker room, which means you’ll be playing cards again before you know it.
You can be nearly anonymous while using Bitcoin. Think of all the information that you have to give when buying something using a credit card online. You’re not going to have to do that when using Bitcoin. There is no need for the poker room to know everything about you. This is one of the leading reasons why people prefer to buy and sell using Bitcoin. Privacy is big and everyone knows that it’s important. What most people don’t realize is there are things like Bitcoin that can protect your privacy. It’s the reason why many people are switching to Bitcoin instead of traditional currency.
The last advantage is being able to almost instantly cash out your winnings. There’s no paper checks or wire transfers involved when sending the money you’ve won. Payouts are done as quickly and easily as deposits. You’ll be counting your winnings much quicker when funding your account with Bitcoin. It’s just another reason why so many people are turning to this digital currency as a means of funding their account.
What’s the future of Bitcoin and online poker? Bitcoin and digital currencies are here to stay, that’s a fact. The world of online poker needs something like Bitcoin until it’s regulated on a government level. Until that day, people are still going to be using Bitcoin as a means to fund their poker playing adventures.