Brazil the Country – the Real Winner of the Bitcoin Dice World Cup?

Bitcoin Dice

 

 

Come the middle of July, the world will be plunged into football related hysteria as the World Cup kicks off in Brazil. The tournament is set to make tourism within the country surge, injecting a vast amount of money into Brazil’s economy. Aside from the additional tourism revenue the gambling industry will also see a huge boost, with online casinos like M88 Indonesia already posting record profits. Yet, for many, the arrival of the World Cup is not seen a positive light. It has been marred with controversy and exploitation and is seen by a vast amount of the Brazilian population as pandering to an international audience when there are greater issues at hand.

 

The integrity and motives behind holding the tournament must be called into question. Is it there to serve the Brazilian citizens or those in power. At a grassroots level, protests have consistently taken place since the World Cup was announced, with protesters rallying around slogans such as ‘We Don’t Need the World Cup’ and ‘We Need Money for Hospitals and Education’. Many people accuse those in power of wasting money on the construction of stadiums to be used in the tournament, whilst Brazil’s social institutions are in need of greater capital.

 

The government will argue the boost in tourism will free up funds that can be pumped back into the state, but when it is considered that the state has incurred nearly $11 billion on tournament related costs already, the integrity of this logic looks extremely flimsy. Many Brazilians are arguing this money could have gone on features that would directly benefit the public. Instead, the voices of many Brazilians are being ignored. This fact is even more unpalatable due to the fact that public transport prices have been increased, despite no …