(MENAFN – Local Profy LLC)
In a time of global crises like COVID-19 and a government that isn’t necessarily doing the best job of protecting its people, money is the biggest concern for many of us. We are all in uncharted waters. But we would like to suggest that one of the best ways to protect yourself and your money is to use Bitcoin as your currency, as it makes online gambling much safer.
What does it mean? This means you won’t have to worry about your winnings being confiscated by banks or your money frozen by governments in other countries, as well as your online transactions being private. Bitcoin makes it impossible for anyone to track your transactions at zodiaccasino, and with anonymity comes the ability to gamble freely and securely online. Here are five good reasons why you should switch to Bitcoin.
#1 – Anonymity
The fact that no one can access your private information is really beneficial because you will not face any problems with fraudsters or scammers. If you are a regular visitor to a website that accepts payments with Visa or PayPal, you will likely have a different name associated with each transaction. Therefore, if a particular site is hacked and its payment processor is used to send stolen funds to the hacker’s accounts, it will be very difficult for it to track you.
Bitcoin does not have this problem. Bitcoin transactions are not associated with personal names. You could be someone named Johnny or someone else named John, and you could still play without any problems. Even if someone could steal your email, you still won’t be able to find your game history.
#2 – Security
Bitcoins are not tied to any bank, government or other institution. This gives you much more security for your money because you cannot tie up the funds in a central location, and you cannot have them confiscated or frozen like with your credit cards.
Even if a hacker gets your password, you will not lose access to your money because the money is not under the control of any central organization. Also, it is much more difficult to hack into the network the Bitcoins are on, so this is a major security boost.
#3 – Confidentiality
The fact that your transaction history is completely private means you don’t have to worry about anything going into your personal records or getting to your family or friends.
If someone hacks your email or any other service you use, they will have no way to trace it back to you because it is in the Bitcoin network.
#4 – Equity
What makes Bitcoin special is that it is very fair. And it’s easy to verify that this is completely fair because there are no intermediaries involved in the currency. Bitcoin mining requires miners to use computers to verify new transactions, and they are rewarded with some bitcoin in the process.
#5 – No verification is needed
Since Bitcoin casinos do not require verification, it makes your life easier and saves you a lot of time. You can play whenever you want, from anywhere in the world Just like traditional gambling, Bitcoin casinos are available all over the world.
You can place your bets even if you are in your car or on a plane, and still get the results you want. Nobody will be able to see what you are doing, and you will be able to see a huge amount of Bitcoin in your wallet.
Last word !
Online gambling, as practiced today, with traditional payment methods, is not really an option. Online gambling websites are mostly regulated so that no one can operate online gambling platforms unless they have the proper licenses, and payment methods are limited.
This is why Bitcoin is the perfect option for online gambling. It is completely untraceable and, above all, it does not come with any of these regulatory requirements. Other than that, with all other online casinos, you will always get bonuses in your wallet and enjoy complete anonymity. You can play from anywhere and anytime. This is all due to the nature of Bitcoin, and this is what makes it the most suitable option for online gambling.
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