Cryptocurrencies, and Bitcoin, in particular, have seen a huge surge in popularity in recent years.
The online poker industry was one of the early adopters of bitcoin.
The first and the most obvious one is that money transfers are kept much more private.
this isn’t a big deal.
When talking about Bitcoin poker, we’re not talking just about sites that accept it as a form of payment.
The discussion about blockchain is a very technical one and not easy to keep up with.
There are no safety layers or guarantees.
Players don’t want to lose 20 percent of their bankroll overnight just because the value of Bitcoin dropped for whatever reason.
Most notably, with players being able to hide their identities, there are many cheating possibilities on the cards.
It also becomes harder to keep track of the bots, so there is a whole new set of problems to deal with.
The fact of the matter is, most people who play online poker don’t want to go through all the loops and hoops.
Cashouts via Bitcoin may be a bit faster on average, but regulated sites these days do a pretty good job of it as well.
As things stand right now, I don’t see it becoming huge.