Despite the volatile market of cryptocurrencies, these digital monetary systems are on the rise in popularity. Especially with online casinos and international gamblers. Although Bitcoin was only introduced back in January 2009, it has spearheaded an entire revolution. The advantage of this decentralized money is that no central entity controls it. It relies specifically on a peer-to-peer network, ensuring that all users can opt out of using it at any time. Thus creating a free-market structure. Furthermore, the system has created a compatible mobile currency and has helped minimize transaction fraud through encryption technology.