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Crypto is NOT a casino. In a casino the house always wins. In crypto, every single player that's sat down for 5 years is a winner.
by elif 10mo ago
Crypto is NOT a casino.
In a casino the house always wins.
In crypto, every single player that's sat down for 5 years is a winner.
- slekker 10mo agoI suppose in the analogy, the house would be the creators of "shitcoins", or the people that aren't left holding bags of worthless crypto coins.
- elif 10mo agoNo, there are gamblers in the crypto space, like there are gamblers in the college football space. It doesn't mean that college football is a casino.
- GBeastMode 10mo agoIt’s true that 'the house always wins' in the long run because of game mathematics. Yet a casino that runs on secure, certified software and focuses on player retention doesn’t profit from a single big loss - it builds income through long-term relationships with its players. Here’s an article explaining how casinos generate revenue: https://www.rosloto.net/en/what-online-casino-revenues-depend-on-key-factors-and-examples-of-formulas https://www.rosloto.net/en/what-online-casino-revenues-depen...