Post
Topic
Board Bitcoin Discussion
Re: Is bitcoin a form of gambling?
by
Edraket31
on 29/03/2018, 15:21:20 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.?
bitcoin is not a gambling, it's real like an investment, we can make certain about the value
Yes you have a point, but for me it is really like a form of gambling wherein you can invest money based on your capacity or on how much you would like to take a risk, so it sort of gambling because you don't know and have no assurance at all in what you are doing.