Quote:
Originally Posted by Rizzeedizzee
I beg to differ, as depositing via BTC was pretty darn simple and you didn't have to leave your house. You may be correct that a more significant exodus already occurred, but I think this will have more of a negative impact than you're realizing.
I can't
definitively say you're wrong in terms of impact on rec deposits. Indeed,
banks seem to be trending toward what you referenced.
The unknown (and most important) factor is
what percentage of existing rec players actually use crypto as their primary means of depositing.
In my mind, the very definition of a recreational player is one who seeks recreational fun at the least amount of effort. The ~5% CC/DC fee to deposit is a "fun premium" they don't terribly mind paying.
It pales in comparison to learning, being comfortable with, and actually executing the setup of crypto purchasing on an exchange .. followed by setting up an intermediary crypto wallet on their way to making a total of THREE transactions just to deposit via BTC (initial buy > wallet > site). It's the most anti-recreational process possible.
Even if there is some easier method of depositing via BTC that I'm not aware of, it's still going to be a confusing logistical nightmare that most rec players won't have a lot of interest in as long as there's an easier way.
Last I knew, depositing via CC/DC was still an option? Not sure why anyone would have to leave their house to do so... I mean, that's always been a big draw of online gaming.
Rec players - by definition - just want to get their money on so they can start gambling. They'll take the path of least resistance to do so every time.