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steadyeddie
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January 12, 2015, 03:19:17 PM
 #41
Onling gambling is illegal in the US, period. If someone wager value in a game of chance it is gambling. Just because it is Bitcoin doesn't mean it gets special treatment or is outside the law. You may argue that the illegal gambling act only applies to bank transfers and there are none in Bitcoin, I don't think this would hold up in a court. But I am not an expert.
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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January 12, 2015, 03:20:31 PM
 #42
Quote from: Bitcoin Betting Guide on January 12, 2015, 09:51:46 AM
... I recommend you mostly ignore them like all the best bitcoin gambling operators do. More detail here

And what exactly does the best bitcoin gambling operators do then?
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January 12, 2015, 11:33:28 PM
 #43
Quote from: steadyeddie on January 12, 2015, 03:20:31 PM
Quote from: Bitcoin Betting Guide on January 12, 2015, 09:51:46 AM
... I recommend you mostly ignore them like all the best bitcoin gambling operators do. More detail here

And what exactly does the best bitcoin gambling operators do then?

Provide their services to everybody everywhere without asking for ID, just like it should be (and, unimportantly, against the law).
The world's best source of crypto gambling information. Helping bettors win crypto! https://bitedge.com
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