Post
Topic
Board Bitcoin Discussion
Re: Is bitcoin a form of gambling?
by
Tiernadi
on 24/03/2018, 09:04:15 UTC
In traditional slots you pay a coin, and if a certain sequence comes up, you get some winnings.  I think everyone will agree that's a form of gambling.

In bitcoin, to create coins, you pay some electricity, and if a sequence of 0's comes up, you win some bitcoins.

Is this aspect a form of gambling?

And if so, is that illegal in the U.S.?

It's directly depends on what is your attitude toward trading process. Trading without any analysis is a pure gambling, however if you'll use your brains and own trading strategy, you'll see that trading have nothing to do with gambling  Wink