Tag: Bitcoin law
Immovable Law vs. Unstoppable Bitcoin
September 6, 2013
Biz Journals – t looks like the immovable law of the land may have finally met its match, up against Bitcoin, the encrypted, nationless, currency that disrupts every industry it touches. And now that Bitcoin casinos have had their first major acquisition, an $11.5 million deal, no industry better embodies the unstoppable nature of Bitcoin than gaming. “The most interesting thing about Bitcoin is how it almost seems tailor made for Internet gaming,” said Stuart Hoegner, managing director of the Gaming Counsel, a law firm representing gaming interests in both the United States and Canada. Specifically he cited low transaction…