Let's start with why major cryptocurrencies like Bitcoin and Ethereum are not privacy coins. These coins do not provide anonymity, but pseudo-anonymity. Pseudo-anonymity in this case means that users do not make payments anonymously, but under a "false" name. MoneroOne of the larger pirvacy coins. Transactions with it are always anonymous with …
Can I gamble with my bitcoins?
There are more and more casinos in Europe where it is possible to deposit and pay out with bitcoins. The casinos also offer a large selection of slots and table games.
Is Bitcoin a Good Investment?
To be honest, it is still hard to say. Yes, it seems like quite an amazing digital coin, which keeps showing us over and over again that it is not going anywhere, but how can we know for sure? We can’t. As bitcoins are still new ( many people are not even aware of its exsitence yet), it is difficult to predict or make any profit estimations. That is why many investors refer to it as a lottery ticket; you either invest some money and win big or lose it completly. Not suited for everybody, but for the ones looking to take a very interesting risk (it could even be a very small risk, of course) and have some money aside, this may be the best solution.
Why Should You Invest in Bitcoin Now?
1. It was considered the best yielding asset of 2013!
2. The numbers of bitcoins available is limited despite the fact that it is a digital coin.
3. Investors seem to tie its price to that of gold
4. Get it now while its price is still relatively low. Its instability may work to your advantage.
5. Today you can even shop online with bitcoin so in any case, this investment will serve you well.
News about gambling and bitcoin
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Residents and businesses in Switzerland, can pay their taxes directly with bitcoin and ether. This was already announced in September 2020, but so now the province of Zug has managed to implement it in park practice. It is unclear how many people would prefer to pay taxes with cryptocurrencies, especially now that prices are …