Post
Topic
Board Bitcoin Discussion
Re: Is bitcoin a form of gambling?
by
ralph_0608
on 30/03/2018, 14:30:47 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.?
For me you can call bitcoin a gambling if you buy it  with out knowing its historylike you invest because many peoole are doing it but if you know how bitcoin exist in  internet world it is not already a gambling it is already investing