the phenomenon of digital expenses

According to a recent study, almost half of Americans now prefer to turn to cryptos as the perfect Christmas gift. 

Let’s see in detail the interviews and preferences regarding Christmas gifts of 2023. 

43% of Americans want crypto as a Christmas gift 

As anticipated, there is a growing preference among some people to give investments as gifts, for Christmas and beyond. 

Surprisingly, a recent study, in which over 1,000 Americans were interviewed, revealed that members of Generation X are particularly interested in receiving cryptocurrencies as gifts. 

In addition, it has been discovered that millennials in particular are 30% more likely than Generation Z to desire cryptocurrency as a gift.

So, now that the hectic period of Christmas shopping is approaching, many Americans are considering unconventional approaches to gifts. 

The study examined, conducted at Empower, sought to understand why more and more people prefer to give and receive cryptocurrencies during this holiday season.

The results reveal that almost 40% of Americans believe that giving cryptocurrencies as gifts is a more advantageous investment compared to traditional presents. 

In addition, 43% of respondents would prefer to receive cryptocurrencies rather than a traditional gift during the holidays. Interestingly, about 1 in 15 Americans have planned to give cryptocurrencies as gifts during this holiday season.

The other pioneer for crypto adoption: online poker 

The online poker industry is proving to be at the forefront in embracing cryptocurrencies, enjoying the benefits of this new form of digital payment.

As we know, the rapid rise and growing popularity of cryptocurrencies can be attributed to key factors such as security, efficiency, and speed in cryptographic transactions.

Virtual gaming platforms, being native digital systems, easily integrate cryptocurrencies into their payment methods, offering users greater choice and enhanced transactional security.

Online poker has promptly adapted to the advent of cryptocurrencies, leveraging the blockchain to ensure decentralization, security, immutability, and transparency in financial transactions. 

This approach has significantly increased users’ confidence in the sector.

Online poker platforms are progressively adopting cryptocurrencies as a payment system, allowing players to move funds quickly and securely. 

Adoption and innovation with cryptocurrencies and blockchain

Furthermore, it is increasingly evident the orientation of the entire iGaming sector towards cryptocurrencies, using advanced technologies to promote the growth and development of the industry. 

Online poker providers stand out for their attention to payment security and personal privacy, adopting advanced encryption technologies to protect transactions and users’ personal data during online gaming.

In light of this, it is evident that poker sites can take advantage of cryptocurrencies, benefiting from the speed of payments, the security of transactions, and the anonymity guaranteed by these forms of digital currency. 

This adoption allows the online poker industry to enjoy greater transparency, reliability, and protection from external manipulation and threats.

In addition, the integration of blockchain technology offers online poker providers the opportunity to increase the transparency of the overall offering.

For example, operations such as card distribution are generated completely randomly through the blockchain, practically eliminating any possibility of manipulation or human error. 

This results in a significant reduction in the risk of fraud or attacks by hackers on online poker sites. 

The increasing prevalence of cyber scams, such as credit card cloning or theft of security codes and passwords, makes it clear how dangerous this threat is. 

In this context, it is legitimate to affirm that the use of cryptocurrencies has the potential to make online poker, and not only, safer, more reliable, and increase the level of trust of users in this sector.