Bitcoin Gambling Sites
BitcoinGamblingSites.io is passionate about bitcoins and blockchain technology. We started out curious at first and the more we've learned about bitcoin (and the blockchain tech powering it) the more impressed we've become. Combine that with our passion for online gambling sites (15+ years affiliate experience) and Bitcoingamblingsites.io was formed to share our knowledge with you and to help fellow gamblers understand the reality and important facts about bitcoin gambling. Our goal is to give you the knowledge you'll need to make informed decisions and have a solid understanding of how bitcoin casinos operate.
If you are new to Bitcoins then you'll first need to learn about wallets and how they work before anything else. Getting a bitcoin wallet is the first step in getting started with bitcoin.
The rise of cryptocurrency gambling in 2017 is a good example of the power of bitcoin and why its here to stay. The popularity of online casinos has been on a steady rise for two decades now and the entrance of Bitcoin and other cryptocurrencies into the online gambling market are signs of the next era. There are a lot of new bitcoin sites out there but if you're thinking about playing at a bitcoin casino then you'll want to stick to only the most trusted bitcoin casino sites and stay away from the unlicensed sites.
Gamble with Bitcoin
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What is Bitcoin?
Bitcoin is a cryptocurrency that originally started with an idea written on a white paper titled "Bitcoin: A peer-to-peer electronic cash system". The paper was first published in 2008 and shorty after the framework behind bitcoin was born in 2009. What is interesting is how this paper was publish by an author under the name Satoshi Nakamoto yet nobody know who this person is or if Satoshi even exists. There is much debate over the topic of who is Satoshi Nakamoto but in the end it doesn't really matter. Bitcoins have grown into a massive economy of their own right, and whoever Satoshi is or was, their vision came to reality and Bitcoin is here to stay.
How Does Bitcoin Work?
The idea behind bitcoin was to create a decentralized digital currency that is not controlled by any government. Instead bitcoin's value is determined by the people using it through supply and demand. When a bitcoin is sent electronically from one person to another the transfer becomes part of a public ledger known as the blockchain. Each transaction is encrypted (hence "crypto"-currency) with details of the transaction and it must be verified by a network of computers using highly complicated math problems to verify the encryption and ensure that the bitcoin transaction is certified as legitimate.
Bitcoin Gambling Casino
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