Cryptocurrency has been one of the most talked-about pieces of technology news since the start of this decade. It’s something that continues to have a transformative impact on financial news, investors, and is becoming increasingly influential in the world of entertainment.

However, a decade and a half from now, could the casino gaming industry be the first industry that feels the wrath of this entirely digital form of currency, or will it stagnate, fuelled by a quagmire of reluctant traditional customers, suffocating regulatory requirements, or the crypto market losing a significant chunk of its value? Let’s take a look.

A Crypto Casino Gaming Future?

Although conventional casinos remain the primary driving force behind the strength of the online casino gaming world, the exponential growth of Bitcoin has led to a wave of traditional investors discovering what BTC has to offer. It’s an attitude that inevitably trickles down into the smaller corners of industries that have been incorporating cryptocurrency for over a decade, which is where crypto casinos enter the conversation.

Gambling with crypto operates in a similar ilk to conventional platforms; the lone and major difference is that you do not sign up with your conventional payment options. You do not need a bank to sign off on a deposit; you don’t need to go through KYC procedures that require household bills, passport photos, and bank statements. Once you have your crypto in your wallet and connect it to the site, you are good to go.

Gambling crypto at Cafe Casino covers the same games you are used to; it doesn’t change the rules, there’s nothing about the gaming mechanics that are different, you just have to have cryptocurrency in your wallet, connect it to the site, and then place wagers as you would with a conventional fiat currency.

Now, it’s important to note that you shouldn’t just jump into the idea of cryptocurrency gambling. In fact, you should not bet on any market where you do not understand the risks.

Gamble with money you can afford to lose, be sure you have a solid grasp of how Bitcoin and blockchain actually work, and if you believe that you are gambling in a problematic fashion, stop immediately and seek assistance from a problem gambling charity such as Gamblers Anonymous.

Big Predictions & Bigger Misses

Big predictions in the world of cryptocurrency and technology are often laughed at when we revisit them a few years down the line. In 2015, Elon Musk said that Tesla would be able to drive itself within two years.

A decade later, we’re still no closer to this eventuality. The dream of having a nap while driving your Tesla is still a world away, although some of the Tesla drivers I have encountered recently may very well have been asleep at the wheel with the way they were driving.

For cryptocurrency to dominate casino gaming by 2040, there needs to be a number of factors that occur. Prominent investors and financial market experts, such as Cathie Wood, have stated that they believe Bitcoin could reach a price of $1.5 million by 2030. Now, some predictions are much lower than this, but if it did get to anywhere near this price, then this would indicate that there’s been adoption on a scale that few people could envisage.

Mass adoption is a huge factor here, but with more cryptocurrency exchanges bringing their money to Wall Street, and BTC entering the realms of mainstream finance, it’s not naive to think that the casino gaming industry could be the practical example of the asset hitting its full potential.

Bitcoin In 2040

While some of the best crypto influencers are more reserved in their predictions, they see BTC having the potential to hit a price of anywhere between $250,000 and $500,000 in this current bull run.

Although “dominate” is a strong word, casino gaming is likely to see a major uptick in the number of people looking to use their digital assets within the industry over the next decade and a half.

Who knows where the price could be in 2040? It’s such a long time away that Bitcoin could be a huge part of the financial system by then, it may have been relegated back to the periphery of the financial system, it’s hard to speculate where it will be by the end of this decade, never mind by the end of the next one.

However, the fact of the matter is that Bitcoin has gone from the shadows of the internet in the early 2010s to legal tender in multiple countries, and, for those who were early believers, the most profitable investment of the 21st century.

It’s still got a long way to go until it eats into the market share of fiat currency in casino gaming, but if it continues on the path it is currently on, don’t be surprised to see it come into fruition and become a massive part of the iGaming world by the end of the next decade.