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What Is A Bitcoin & What Does It Have To Do With Online Gambling?

Discussion in 'CASINO NEWS' started by Mben, Nov 26, 2011.

  1. Mben

    Mben No Deposit Forum Admin Staff Member

    What is a Bitcoin?It's the state-of-the-art in money.  It's a new form of electronic money.  It's already become the gold standard of digital currency.Ya know how email changed old-fashioned mail forever?   Well, Bitcoin is changing money forever.You can read more here ..... <a href="http://bitcoinme.com/" >bitcoinme.com</a>What does it have to do with online gambling? Switch Poker is the first poker room to offer Bitcoin as a depositing option for players. A spokesman for Switchpoker.com, Conor McCarthy, said, The advantage of the Bitcoin currency is that it has the ability to remove all payment processing related barriers of entry for poker and gambling sites around the world. It would allow any person to play for real money completely anonymously. Players will be able to now send us funds directly without a 3rd party being privy to the transactions, and we will be able to send funds directly back to the user. It also means that people without a Skrill or Neteller account will be able to play. Players can get Bitcoins on sites such as Bitcoin247.com Could this be the next option for all online casinos and poker rooms? We shall see. Switch Poker does not accept USA players. 
  2. omeg

    omeg NEW MEMBER

    Sounds to good to be true.....Thanks Mben for this article.  Very interesting read.                                                     Pam

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