It would seem that one of the new popular methods of banking, earning money, and an actual type of currency, Bitcoin, is going to be an accepted and used method when playing online poker. This will open up all kinds of door for the millions of poker players around the world. I know there are thousands of people that are “mining” bitcoins, and now that many different places are accepting bitcoins, like for online purchases, trades, and many different uses already.
This seems like the next step towards opening the doors for online poker all over the US. The reason for this is because it wouldn’t be your regular form of currency, and since it is all done online, it may be easier to use on online poker sites. Although, you won’t really need any form of currency when playing free online poker, but it will certainly come in handy when more US States start legalizing, licensing, and operating online poker.
There are many benefits to being able to use a virtual currency, as it would open up so many doors to different players from across the globe. There was always a need to find certain poker sites that would accept your main kind of currency, whether it was US Dollars, Euros, or even the British Pound. This would cause one of two problems:
- Limited to players that use that currency
- Require players to convert their currency
I don’t know if many of you have converted currency, but it can be a hassle, and you could even lose money on the exchange. However, with more and more people accepting Bitcoin as a universal and virtual currency, it may brroweak down those borders.
Great Schnauzer 