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Just when government thinks that it has squashed online gambling, the spirit of freedom and creativity swoops in to take the day:
The Verge is reporting on how Bitcoin has come to the rescue:
Money never hits US banks at all, allowing the sites to operate without fear of reprisal from the government. Even the payouts are quicker — what normally takes up to 12 weeks with a US bank transfer takes only a matter of hours with Bitcoin. The new use for the decentralized currency will no doubt raise some legal questions, but for now the online US gambling community has found its workaround.How frustrating this must be for the State.
Here they are, trying to save everyone from themselves, and the wily serfs just won't cooperate.
The State even provides "approved" venues for gambling, like Las Vegas, Atlantic City, and, of course, the government Lottery, with terrible odds.
The State hates anyone who trys to find a way to circumvent any type of restriction to limit its quest for unlimited power.
In the case of online gambling, chalk one up for the good guys, courtesy of Bitcoin. Let's see the state try and stop it.