If you follow block chain technology, you would know there are all sorts of types of cryptocurrencies on the market nowadays. From Bitcoin to Ethereum to all of the others in between, cryptocurrencies as an online method of payment is on the rise. Online poker tables for cryptocurrency gambling is a thing now. It’s important to prepare yourself with insights on the online cryptocurrency poker scene before playing. The competition varies and preparedness for a duel is always half the battle.
By the composition of cryptocurrencies, they cannot be duplicated and there is only a finite number. This means with the volatility of prices on these cryptocurrencies, what you are gambling today could be worth 100x more or 100x less in the next few months, so play with caution and play knowing the uncertainty in the value of what you are gambling online. Playing with cryptocurrencies, it’s also easy to forget that you’re playing with real money, as it may look like numbers on a screen. But these often equate to tremendous value (possibly millions in USD). Cryptocurrencies are also much harder to source track. There is a lot less regulation on these currencies, and winnings might be exempt from tax laws that you would normally incur when gambling with cash too.
People generally don’t know much about cryptocurrency but the currency has receptiveness worldwide. Because these are online monetary tender, the global currencies will mean you could be playing with people anywhere in the world. It’s probably an easier poker playing field – you’re more likely to be loose with your money if its crypto because you’re not thinking about the cash equivalent. Also, it could be good for players that want to hide their identity
Cryptocurrency poker tables are rising in popularity and could be more and more popular in the future. As the competitiveness in these tables grows, it is important to educate yourself about the crypto currencies and the players using them.