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Show HN: HTML5 Bitcoin Poker website

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11–13 of 13 posts

Re: Show HN: HTML5 Bitcoin Poker website

#11
post #3

Is that legal?

I don't see why not, it's not real money and hey, everyone else is doing it. I'm going to talk to a lawyer if people start using it.

In America it is illegal to make a currency that competes with the USD. Congress will eventually rule that Bitcoins do compete with the USD and then yes it will be illegal.

Re: Show HN: HTML5 Bitcoin Poker website

#13
post #3

Is that legal?

I don't see why not, it's not real money and hey, everyone else is doing it. I'm going to talk to a lawyer if people start using it.

Yeah, you're considered a money transmitter under FinCEN. There are regulations, look up the memo from FinCEN.
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