Is virtual currency exchange a gamble
The monetary gold and silver Bureau of the people's Bank of China issued the "risk warning on issuing or promoting digital currency in the name of the people's Bank of China". In the risk warning, the central bank stressed: our bank has not issued legal digital currency, nor authorized any institutions and enterprises to issue legal digital currency, and there is no promotion team. At present, the so-called "digital currency" in the market is not legal digital currency. The central bank stressed that the so-called "digital currency" launched by some institutions and enterprises and the so-called promotion of the central bank's issuance of digital currency may involve pyramid selling and fraud
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1. The fast currency obtained by mining has the upload bandwidth, which is equivalent to the goods exchanged for equivalent labor
2. Buy low and sell high. The quick money you get from speculating in minerals is like speculating in stocks, which is allowed by the state. It's not a gamble, is it
Second, transactions prohibited by the state, especially speculation and trading of the virtual currency are prohibited in China. However, banning trading does not mean that the virtual coin itself is illegal or worthless
for example, bitcoin, which China refuses to recognize as any regional chain block currency, also forbids trading and services, does not mean that bitcoin itself has no value. In the international trading system, bitcoin is recognized in some regions, And there is a corresponding value scale
when someone steals bitcoin or swindles bitcoin, the state will still treat it as theft or fraud, and the amount needs to be approved< At present, the transaction and pricing of virtual currency are prohibited in China, but the value and holding of virtual currency itself are not prohibited. As long as the currency is not defined as illegal, it is legal.
similarly, game currency is also recognized as legal property, but its transaction is prohibited by the state, which does not affect the corresponding legal liability caused by the infringement of virtual currency
Bitcoin is not gambling
At present, Atari will launch an encrypted casino in the Ethereum based virtual world{rrrrrrr}
Atari, the game company behind the iconic Pacman, asterioids and Pong, will cooperate with decentral games to develop an encrypted currency casino
according to a press release shared with coindesk on Monday, Atari casino will be built in Vegas City, the game area of the virtual space in Ethereum's decentraland, and will be leased for the first two years
in the virtual world, players live in the avatar's body when interacting with the digital world or "meta world". Decentral games, a part of decentraland ecosystem, claims to be the first community-owned Yuanjie cryptocurrency casino
according to the press release, token holders of DG will also be able to use them to participate in governance and company related decisions
"by working with decentral games, we can transfer Atari's game experience to the blockchain," Atari CEO Frederic Chesnais said in the announcement
Decentraland is supported by digital currency group, the parent company of coindesk