Throughout the entire globe, all we seem to hear about lately is the term “Bitcoin”; it’s the new currency, it gives freedom and anonymity to payments, it’s the FUTURE! Does this sound familiar? It’s more than likely! Bitcoin is sweeping the nation in popularity, with some definite “disapproval” from traditional bank houses, the reason being, simply, that people all around the world can now purchase a virtual currency outside of traditional banking, carrying out purchases as they wish. What does this mean for you? A whole new opportunity in the world of your online casino entertainment! Keep reading to find out how you can use Bitcoin quickly and easily, and how it benefits your gameplay at Jackpot Capital! What Is Bitcoin, Anyway? Bitcoin seems confusing to the masses, but it’s actually very simple, with the confusion likely lying in the fact that it seems ‘technical’; naturally, being a virtual currency, yes, it’s technical - however, not difficult. First established in 2008, Bitcoin was invented to serve the purpose of everyday, regular people being able to make transactions between each other - without a central authority of such, like the major banks. The verification of transactions is done amongst the user network, or peer network, which is what makes Bitcoin transactions non-reversible, with low fees, and accounts cannot be frozen. In short, it’s a digital payment system which you control! How are Bitcoins created, you may be wondering? Well, this part is the most technical of all, so we’ll try to simplify it as much as we can! Basically, Bitcoin is an ‘open source network’ which can be used by the network of people (‘miners’), in which they will then “mine” Bitcoins; this means generate Bitcoins (each ‘miner’ being thought of as a ‘server’)! They do so by helping the network by verifying transactions via the server, being rewarded Bitcoins for their efforts. That said, when you want to purchase Bitcoins, you won’t have to get technical creating them yourself - You can easily buy them online! How does this benefit you? First of all, Bitcoin makes you basically anonymous when you pay; you only have a code to identify you, and you’d have no reason to flash around your ewallet ID, anyway! It’s a very private banking method and only you know how many Bitcoins you have. With a Bitcoin account, as we mentioned, there are no third party involvements, so your funds are 100% safe. Money in Bitcoins can’t be stolen, there are no transaction fees, no chargebacks; what more can you ask for when it comes to keeping your money secure? More and more of us are looking to Bitcoin as the go-to payment method; the method for the people, by the people. When you take a look at how it actually works, it’s not hard to see why! Continue reading the full article on Jackpot Capital's Blog Go On - Give Bitcoin (Bonus) a Try! If you make a only a $10 deposit with Jackpot Capital using Bitcoin as your banking option, they’ll reward you with a 200% (up to $300) bonus, valid until June 30th! Just use Coupon code BITCOIN and it’s all yours!