What Bitcoin is?

Bitcoin is a cryptocurrency. What cryptocurrency is you may ask? Well It's virtual currency that you can't touch, but it's a currency in a digital meaning. It's created and held electronically. No one controls it. Bitcoins aren’t printed, like dollars or Euros – they’re produced by people, and increasingly businesses, running computers all around the world, using software that solves mathematical problems.

There have been many discussions about the various issues surrounding Bitcoin gambling, especially when it comes to the legal matters. Bitcoin, being a digital currency, introduces a new form of payment system that is now being enjoyed by numerous casino enthusiasts worldwide. However, some cannot help pondering on the legality of this type of gambling, given that Bitcoin is decentralized.

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