K
karl coakley
Visionary
Silver Level
Obviously now it is much easier to deposit/withdraw on sites by using bitcoin. When Full Tilt and Stars had their problems, I thought the main problem was the transfer of money, not poker per se (wire transfer act).
Bitcoin right now really isn't money. Its not the currency of any country. It has value because people say it has value, it isn't backed by anything. Things are worth what someone will pay for it.
Is gambling with Bitcoin really "gambling" (poker or books)? If we "gamble" with paperclips for example, is this violating a law?
I kind of think the sites may be on decent footing stepping away from cash and using Bitcoin.
Bitcoin right now really isn't money. Its not the currency of any country. It has value because people say it has value, it isn't backed by anything. Things are worth what someone will pay for it.
Is gambling with Bitcoin really "gambling" (poker or books)? If we "gamble" with paperclips for example, is this violating a law?
I kind of think the sites may be on decent footing stepping away from cash and using Bitcoin.