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Bitcoin's Simple Fix to Revolutionize Crypto Exchanges & Online Poker

Bitcoin's Simple Fix to Revolutionize Crypto Exchanges & Online Poker

April 15, 2011 was one of the most disappointing days of my young life. It’s a date without much meaning to most, but for poker players it is known as Black Friday. Why? It is the day that the U.S. Department of Justice issued indictments against the three largest online poker sites in America - Full Tilt Poker, PokerStars, and Absolute Poker.

Bitcoin’s Simple Fix to Revolutionize Crypto Exchanges and Gaming

Bitcoin’s Simple Fix to Revolutionize Crypto Exchanges and Gaming

Exchange users face the same conundrum that poker players do, but with greater severity. The amount of funds a poker player will want to use is relatively predictable, but many traders can’t rule out the possibility of a trade which demands significant capital relative to what would otherwise be in the market on a risky exchange.