23 Nov

Gambling with Bitcoin – BTC Casinos Canada

Bitcoin Review: Historical Overview of Bitcoin and BTC Online Casinos

Bitcoin Review: Historical Overview of Bitcoin and BTC Online CasinosAhhh, the original cryptocurrency – the digital coin that started it all – Bitcoin (BTC). Its 2009 release was an underrated, understated event that led to a handful of instant millionaires, followed by a mass of heartbroken investors who lost everything. The volatility of this crypto remains wildly unpredictable, yet it’s still the number one crypto in terms of universal recognition and opportunity.

Bitcoin Crypto Review

BTC was the very first cryptocurrency, unleashed upon the digital world in 2009. It took a few years to really gain value, but once it did, it sparked the creation of thousands more altcoins. The volatility and unprecedented value of Bitcoin is known far and wide. See the time-stamp values below to track its growth rate over time, and scroll down to learn more about the history of BTC, where to buy it, and which crypto casinos offer BTC betting.

BTC Launch Date
January 9, 2009
Value at Launch
Dec 1, 2020
Dec 1, 2021
Nov 23, 2022
Note: All price values are listed in US$.

History of Bitcoin

Bitcoin (BTC) is the oldest and most valuable crypto currency in the world. Its creation is credited to Satoshi Nakamoto, which is actually the pseudonym for the person – or more likely, the group of people – who wrote and published the famous Bitcoin White Paper in 2008. Nakamoto mined the first Bitcoin block, known as the Genesis Block, on January 3, 2009. Six days later, BTC was officially launched for public mining.

It was not the coin’s value, but rather the anonymity of using digital coins, that initially attracted so many users. At that time, online gambling was a multi-billion dollar industry, but one that suffered from a widespread lack of regulation – and in some jurisdictions, outright prohibition – making Bitcoin the perfect solution to transferring funds in and out of online casinos without the requirement of any government-regulated, third-party payment processors. Suffice it to say, Bitcoin casinos were an instant success.

Where to Buy & Store BTC Crypto

Where to Buy and Store Bitcoin CryptoAs the very first crypto in existence, Bitcoin’s blockchain technology is the foundation of every crypto exchange and digital wallet ever created. You can buy it on pretty much any investment app that offers crypto, and store it in any digital coin wallet. Due to its widespread availability, I would strongly suggest shopping around for an exchange with the cheapest commission rates, then choosing one of the many free wallet services to store it.

BTC Online Casinos

The term ‘Bitcoin Casino’ is a loose term that refers to any online casino that accepts crypto currencies as a means of deposit and withdrawal. That’s because every crypto casino accepts Bitcoin. Other digital coins may or may not be on the menu. Either way, Bitcoin is always at the top of the list. Just because there are hundreds casinos that accept Bitcoins doesn’t mean they’re all worth your time. Having personally researched and accessed a plethora of crypto iGaming sites, I can personally recommend the following BTC online casinos:

The Best Canadian Bitcoin Casino for 2023

Review of Playamo Bitcoin Casino, Where BTC & Fiat Betting CollidePlayamo is a specialty casino tailored to players wishing to utilize bitcoins and play in a safe and anonymous manner. It caters to Canadians who use cryptocurrencies and also traditional cards like Visa/ Mastercard. Check the Playamo Canadian deposit options page ->here<- to see if your deposit modality of choice is accepted. Highly trusted, secure, and one of the select few Bitcoin enabled casinos that actually has a license, under Curacao.

Visit http://PlayAmo.com