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.?
I don't think that bitcoin is any a way of gambling Because bitcoin is not made for the any type of the high low bet game , here all things depends upon demand and value in the online market .
Now , in these days fluctuations is much so we can buy at low.and small increase in price will result into profit and sell now .
So here we also need to give time and also proper time .
But in gambling we don't need any type of proper Timing , we just need to put our money and Everything will depend upon luck to win the bet .
So here both type of Field are totally independent and we don't go through such types of negativity about cryptourrency .