Post
Topic
Board Bitcoin Discussion
Re: Is bitcoin a form of gambling?
by
kamBlanV
on 07/04/2018, 20:22:34 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.?
I think bitcoin is not a form of gambling, because Bitcoin is a tool for making payments online, even though the price is fluctuating but it's all affected by demand and there are calculations.