What makes gambling with virtual money so attractive?
Have you ever used cryptocurrencies or virtual money to play online slots or any casino games? Or, let’s put it this way: do you know what’s the difference between gambling with real money and virtual money gambling? If your answer is no and you can’t name any perks of digital money gambling, this article is for you. Legislation An important thing to keep in mind: there are count...
DAO.Casino: gambling has never been more transparent
Gambling is one of the most ancient traditions in the world. The history of humankind knows plenty of various games in different cultures, modern and ancient. However, ever since the gambling market has emerged, it has barely seen any changes. Basically, there was just a few innovative moments. The first moment has occurred in the 20th century with the development of Internet. Online casinos have ...
Bitcoin in gambling: will regulators be left with nothing?
When it comes to Bitcoin, the main concern expressed by regulators is its support of strong anonymity. After exchanging fiat money for Bitcoins, your digital money is being stored in a virtual wallet protected with a private key. From this moment on, it becomes pretty much impossible to trace the owner of the Bitcoins, which is meant to protect user’s identity. On the other hand, fiat money ...