Bitcoin Betting World Cup
Bitcoin sportsbooks keep the market pushing for more success through the highly anticipated FIFA World Cup in Brazil and their efforts in promoting Bitcoin. Bitcoin Betting Flagship. Sportsbet.io is where you can find competitive odds, on a platform offering the best Bitcoin betting experience. Our team continues to work hard to give you the competitive odds, betting props and interactive experience offering you the fulfilling betting journey you've been looking for. France won the 2018 tournament, beating Croatia 4-2 in the final match. The official trophy is made of 75% gold and 0% Bitcoin, but that may change in the coming years as Bitcoin works it way to becoming the global currency. Bitcoin Football Sports Betting Betcoin Sports allows players to wager on up to 200 betting markets on every match. How to bet on the Rugby World Cup with bitcoin. THERE are many online betting sites accepting bitcoin that will have markets on the 2019 Rugby World Cup, being played in Japan. With many betting companies now accepting both bitcoin and regular currencies the options to bet on the Rugby Union showpiece are limitless.
World Cup Bookmakers Raking It In. As the World Cup comes to a close, many people have been happy with the last month of international football. Fans across the world have been treated to a competitive competition filled with a lot of surprises. Betting often goes hand-in-hand with sporting events, and this World Cup has been no exception.
Japanand cryptocurrency have gone hand-in-hand since the inception of Bitcoin. Saidto have been created by Satoshi Nakamoto – a pseudonym – in 2008, Bitcoin hasbeen a technological revelation that has brought about a new form ofpeer-to-peer transactions as well as helping to establish the foundationsof blockchain technology. While many news outlets continue to try to discoverthe creator of Bitcoin, as we detail at bitcoinx.com, their identity is still unknown.
Manycompanies saw the potential of the cryptocurrency and its ilk, with Japanesebrands becoming more and more inclined to incorporate such payment options as apart of their service. In 2014, Hiroshi Mikitani, the CEO of Rakuten, statedthat cryptocurrencies were accelerating, so Rakuten would move to accept Bitcoin,as relayed again on bitcoinx.com. As a gigantic Japanese eCommerceand retail brand, Rakuten effectively giving Bitcoin its stamp of approval washuge.
Thenation wants to be at the forefront of the crypto-revolution, which is whymajor companies like Rakuten have embraced the likes of Bitcoin, as haveother leisure and entertainment outlets. Bitcoin betting websites have becomeincreasingly prevalent around the world, with Japan acting as the anchor forthe innovative technology to allow such outlets to come into being.
TheRugby World Cup has been one of this year’s biggest events, with nations aroundthe world falling in love with Japan’s passion for the sport. Japan firstcaught the eye of rugby fans worldwide by winning the 2011 Pacific Nations Cup,continuing to develop into a fierce competitor that would defeat South Africain the 2015 Rugby World Cup and host the massive tournament in 2019.
Withthe tournament being in Japan, one would have assumed that cryptocurrency wouldbecome a strong selling point for betting sites offering their services in bigrugby nations, such as Japan, New Zealand, South Africa, France, Ireland,Wales, and England. As shown by bestbettingsites.uk, many UK-based betting websiteshave incorporated Bitcoin into their service, but did the Rugby World Cupreally make the most of these Bitcoin betting websites while taking place inthe cryptocurrency haven of Japan?
Japan standing firm with cryptocurrency
Source: Pixabay
It’sno secret that cryptocurrencies have been receiving a bit of a bad reputationin the western world, as the only mainstream headline pertained to the meteoricrise of Bitcoin in 2017 and then the continued theories of the ‘burstingbubble.’ While not exactly a reliable or perhaps even a competent source ofinformation, the president of the United States, Donald Trump, has also beenvery outspoken on the topic of cryptocurrencies, branding the technology “notmoney” and “based on thin air” as detailed by usatoday.com. Even though the credibility hereis low, it still puts cryptocurrencies in the headlines in a dim light.
Insteadof dismissing cryptocurrencies or inciting fear-mongering, there is still ahuge number of people who are embracing the technology for its many benefits inthe face of fiat currencies. For anything to become a mainstream entity,especially in the world of finances, however, it needs a strong foundationsomewhere – which is exactly what Japan intends to provide. While smallernations like Malta have established regulations to help give cryptocurrencies a‘safe space,’ the size and strength of Japan as a global leader adds significantbacking.
Beingthe assumed home of Bitcoin, Japan has decided that it will be incredibly opento cryptocurrencies and actively pursue avenues that seek to strengthenthe sector. Their stance comes down to two main ideas, according to forbes.com: cryptocurrencies aren’t goingaway, and the country wants to be ready when the cryptocurrency industryestablishes where it wants to be in the next five years. As cryptocurrencyadoption continues to rise, its base technology – that of blockchains,will continue to be explored and will accelerate and broaden in the financialspace.
Whileencouraging and helping cryptocurrency companies to establish themselves andtheir coin offerings is an important step for Japan to become a crypto-hub,it’s also necessary for the country to integrate the payment method into theeveryday lives of its populous as well as those abroad. Rakuten getting intothe crypto scene was huge, but to further normalize the likes of Bitcoin, thecurrency needs to be integrated into leisure and entertainment, with the RugbyWorld Cup 2019 being the prime opportunity to do so.
Using the Rugby World Cup as a platform for cryptocurrency
Source: Pixabay
Online Betting World Cup
Despiteits initial mission, many still see cryptocurrencies for their valuations onthe stock market as opposed to fully-fledged payment methods. During the RugbyWorld Cup, millions of people all over the world were watching, including thegambling-savvy nations within the UK.
Bitcoin Sports Betting Sites
ShowcasingBitcoin as a legitimate and easier way of betting on the rugby will have helpedto enhance the perception of the cryptocurrency as a method of using andobtaining money with ease and privacy. Outside of the UK, and at home in Japan,the association of a massive sporting event with the entertainment of gamblingand cryptocurrencies combined will have further helped to normalize the likesof Bitcoin.
Onthe front of the betting companies, the 2019 Rugby World Cup has been excitingand competitive enough to have punters thinking that just about anything couldhappen in any game. We saw Japan beat top-seed Ireland to the tune of 19-12 towin Pool A, Uruguay defeat the heavily-favored Fiji 30-27, and England overcomethe seemingly unbeatable New Zealand 19-7 in the semi-finals.
Therewas plenty of action, and if Bitcoin became so closely associated with thebetting side of sports through promotion at the World Cup, not only would siteshave benefitted from increased traffic via those who have invested in thecryptocurrency, but it could have helped to bolster Bitcoin further.
Japanand cryptocurrency look set to be intertwined for many years, but their hostingof the Rugby World Cup could have also been utilized to promote theirstance on Bitcoin, and openly illustrate the many uses of Bitcoin.