The New Underworld Currency: Online Gambling's Bitcoin Future via @dailydot

The new underworld currency: Online gambling's Bitcoin future

dailydot.com 06 Feb '13, 3pm

The New Underworld Currency: Online Gambling's Bitcoin Future via @dailydot

The open-sourced world of the Internet has brought us elaborate digital environments like Minecraft and a virtually never-ending encyclopedia in the form of Wikipedia . Could it soon be providing our money as well? In recent months, Bitcoin, a form of digital cash that has been around since 2009, has shown some impressive signs of growth as it strengthens against the dollar and fuels a resurgence in online gambling. Two online casinos that only accept Bitcoins have already drawn major traffic—and in one case, profit—during the past year. Meanwhile, a new site based in Canada is poised to bring online poker back to the U.S. in a big way after the Justice Department shut down three of the nation's biggest poker sites—and froze more than $100 million of players' money—in a 2011 federal crackdown on Internet gambling. The poker world refers to the event as “Black Friday.” “It ...

Full article: http://www.dailydot.com/business/bitcoin-online-gambling-...

Tweets

@acoronadoc » 08 Feb '13, 11am
Interesante RT @dailydot Why the virtual currency #Bitcoin is the next big thing in online gambling: [link]
@UEGinc » 06 Feb '13, 11pm
Daily Dot | The new underworld currency: Online gambling's Bitcoin future [link] #Business via @dailydot It's here to stay.
@dailydot » 06 Feb '13, 10pm
Will Bitcoin help the American online #poker scene recover from Black Friday? [link]
@dailydot » 06 Feb '13, 9pm
Can Bitcoin restore online poker to its former glory in the U.S.? [link] /cc @bryanmicon @infiniti_CEO
@BitcoinByte » 06 Feb '13, 7pm
RT @BitCoinReporter: The new underworld currency: Online gambling's Bitcoin future [link] #bitcoin
@dailydot » 06 Feb '13, 7pm
Online poker's return to the U.S. will be powered by Bitcoin: [link]
@milleright » 06 Feb '13, 6pm
“@mashable: The New Underworld Currency: Online Gambling's Bitcoin Future [link] via @dailydot” @MatthewJaeger @refleenor
@wallywhat » 06 Feb '13, 5pm
#Bitcoin is used in the grey/black market but a currency not controlled by a nation have legitimate uses. [link]
@stockspot2000 » 06 Feb '13, 4pm
RT @chessNwine: RT @mashable: The New Underworld Currency: Online Gambling's Bitcoin Future [link] via @dailydot
@racheloconnell » 06 Feb '13, 4pm
Daily Dot | The new underworld currency: Online gambling's Bitcoin future [link] #Business @dailydot
@chessNwine » 06 Feb '13, 4pm
RT @mashable: The New Underworld Currency: Online Gambling's Bitcoin Future [link] via @dailydot
@mashable » 06 Feb '13, 4pm
The New Underworld Currency: Online Gambling's Bitcoin Future [link] via @dailydot
@ashleyllee » 06 Feb '13, 4pm
On @dailydot: The return of internet poker? #Bitcoin could be future for online #gambling in the US. [link]
@dailydot » 06 Feb '13, 4pm
Why the virtual currency #Bitcoin is the next big thing in online gambling: [link]
@DailyDotWire » 06 Feb '13, 4pm
The new underworld currency: Online gambling's Bitcoin future [link]
@dailydot » 06 Feb '13, 3pm
Can Bitcoin bring online poker back to the U.S.? These sites are betting on it. [link] /cc @sealswithclubs @infinitipoker
@aamirbarry » 06 Feb '13, 4pm
RT @mashable: The New Underworld Currency: Online Gambling's Bitcoin Future [link] via @dailydot

The new underworld currency: Online gambling's Bitcoin future

The New Underworld Currency: Online Gambling's Bitcoin Future via @dailydot

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