Bitcoin has enjoyed an incredible journey since its inception in 2007, hitting considerable peaks and plunging troughs before finally becoming an accepted mainstream concept. Make no mistake; this is where Bitcoin finally sits today, as stringent regulatory measures and reputable applications continue to afford the crypto-currency credibility.
This is far removed from the dark days of Bitcoin, when it was utilised as a money laundering tool and to purchase illicit items from the infamous Silk Road. From the brink of extinction, it has risen from the ashes and can now be considered as a viable currency with huge potential.
The rise of Bitcoin and the influence of Online Gaming
In terms of its recent growth, Bitcoin has much to thank the offline and online gaming realms for. As long ago as last year, for example, bricks-and-mortar casinos in Las Vegas were beginning to accept Bitcoin payments for small, sundry items, before rolling it out as a more widely accessible payment solution. Now, the makers of online slots and similar games are also introducing Bitcoin as a payment option, driving instant deposits and withdrawals while also making it easier for players to manage their bankroll.
In this respect, there are huge similarities to