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Digital Money Is Getting More Popular

3 minutes read

Although many variants of the COVID-19 vaccine have already been released, the pandemic is still one of the most serious challenges in modern society, with its consequences that will be visible many years later. Forced to stay at home and avoid social contact, people have gradually adapted to new realities by ordering goods and services online with digital payments. According to a study by 888 casinos, modern society is already close to abandoning paper money - especially in the UK, where every second citizen prefers to use digital money.

Cashless Society of the Near Future

About 50% of the British surveyed said that - due to the COVID-19 pandemic - they have given up using cash for good. About a quarter of those surveyed said they use banknotes no more than once a month. In addition, more than a quarter of British millennials invest in cryptocurrencies, which are now on the rise thanks to the successful actions of Elon Musk and his company. Thus, digital money and cryptocurrencies will soon defeat cash.

In terms of gambling, the pandemic has dealt a serious blow to brick-and-mortar casinos in 2020. As a result, online gambling is on the rise. While playing at online casinos, gamblers conduct financial transactions using digital money, so the online marketplace contributes to the growth in the number of digital transactions. In addition, representatives of 888 Casino announced their plans to connect cryptocurrencies to the list of accepted payment methods. So, the evolution of money has accelerated significantly over the past few years. And now, we are waiting for what the future will show us...

More about payment methods that accepted in the casinos you can read here.

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