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Message
re: Bitcoin Casinos Release 2012 Earnings
Posted on 1/22/13 at 5:12 pm to GFunk
Posted on 1/22/13 at 5:12 pm to GFunk
quote:
Because gambling sites don't ever cheat, right?
The beauty of bitcoin gambling sites is that depending on the game, they are provably fair, thanks to the blockchain.
quote:
If you get your hard-drive fried
There are many ways to protect yourself from this, such as: trusting a third party (like people trust banks now), backing up your private key(s), printing your private key(s), using seeded wallets, etc.
quote:
in a foreign country where they drop the firewall
yes, admittedly totalitarianism is a threat to bitcoin
quote:
They can't be used in any real sense
They are being used in a very real sense as I type this. And the economy continues to grow every month. I don't know why you'd make a statement like that.
quote:
Their usefulness is derived from their uselessness, and that's what will keep them fenced in on the periphery for a long, long time to come.
I strongly disagree with you.
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