Bitcoin Cash Poker
- The best Bitcoin Poker games and tournaments are happening right now on Blockchain Poker! Build your bankroll for FREE!
- Essentially, a Bitcoin wallet is a software that stores your BTCs — pretty much the same way an e-wallet stores your flat cash. It acts as an intermediary between the Bitcoin platform and the poker site. A Bitcoin wallet is what you’ll use to deposit to online poker sites.
- The creation of Bitcoin Cash and its use at poker sites is getting some decent media attention. Check out some of these extra sources on BCH and poker. Calvin Ayre, who is a big hype-maker and investor in Bitcoin Cash, talks about Bovada adding support for Bitcoin Cash Here’s some healthy skepticism of BCH with some game theory thrown in.
One of the world’s largest poker networks has said its players currently prefer bitcoin to fiat money for payouts. Winning Poker Network, which operates a number of online poker sites, said it has.
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For individual users, there are both benefits and drawbacks in Bitcoin, depending on the payment situation. The benefits mainly relate to anonymity/integrity, convenience, rapidity and costs. .
Poker Is Not a Sport…Even If It Is Broadcast on a Sports Network.” The author, Todd Pheifer, suggested that by definition, a sport “should at least require a minimum amount of physical talent or skill.
The best Poker players constantly play each other to try and decide who the best poker player in the world is. The best Poker players constantly play each other to try and decide.
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Bitcoins have value because people find the Bitcoin protocol to be a useful means of value transfer. Because there is a fixed amount of bitcoin, the value is purely determined by aggregate supply and demand. So it’s like a currency, but it isn’t backed by a government?
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That doesn’t seem right. Bitcoin begs the question: “Can there exist a currency backed purely by mathematics and computing power, instead of a central issuer?” Government backed fiat currency has long been the norm. In a fiat system, units of currency can be added or subtracted at the whim of the issuer.
Staunch Bitcoin supporters feel it’s no advantage to the health of a currency when a few people have the ability to make arbitrary changes to it. With fiat currencies, the issuing government is charged with protecting all aspects of the currency, including counterfeiting.
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In the case of Bitcoin, math and computing power replaces government. The anti-counterfeiting duties are performed by computer code, and have never been defeated. There are many other aspects to consider on the subject of mathematics and distributed power currency governance. The Bitcoin project is truly an economic experiment.