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.?
IMHO,If you mean.. "Gambling Literally".. I would say no..
However, Investments "seems" like a gamble if you ask me
Because when your investing, there's a chance that you would gain profit or lose from it. Depending on a given situations or scenarios. For me, if there's a "risk" then it's like gambling too.
Like ive said. If you meant "gambling literally" its a no for me.
Because,In this situation,you dont need to place bets first before joining.