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How Bitcoin is Transforming Casino Industry

By Timothy Sohn Nov 28, 2016 6:52 PM EDT

(EconoTimes) – Not regulated by a central bank, Bitcoins have many advantages over traditional currencies such as the U.S. dollar and the euro: since the currency is decentralized, the price of Bitcoin is determined not by the monetary policy of a central bank, but by the free market. But while the philosophy behind Bitcoin is interesting, a more interesting development from the rise of Bitcoin is it’s ability to be used to facilitate gambling transactions.

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