Hah. I'm all deep in the Bitcoin drama right now, but I think people on the CM's forum would just laugh themselves silly if they read what's going on over there. Check out this thread:
See, a bunch of poker rooms with cheap software sprouted up like mushrooms when they realized they could run these sites anonymously with Bitcoin as their only payment method. We got into Bitcoin because we've been serious about launching for 3 years but can't afford to play ball with the "real" casinos yet. Meanwhile, just being incorporated, even in Costa Rica, gives us like 900-pound-gorilla status in the Bitcoin world, which is great for us.
So a few days ago, one of these new Bitcoin poker sites just disappeared, and didn't pay people back. But the crazy thing about Bitcoin is that you don't know who's who, and who's telling the truth and who's lying. So this site claims that they launched and never got a deposit. God knows if that's true, and I'm sure He'll judge these guys harshly, but it's a pretty interesting lesson in what happens when a bunch of people try to open up a completely unregulated casino market in 2011. We're back to 1995. The claims, the counterclaims, the drama... it's kinda funny if it don't make ya cry. I guess the message is that people will always try to find a way to screw each other over, then lie about being screwed over, then lie about not screwing the other guy over... makes for a great soap opera, though.
And for the record, all this is good news for us, because if these guys couldn't keep a damn 10 year old, $100 piece of poker software online with a free payment method, I guess we did more than I knew to get where we are...
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See, a bunch of poker rooms with cheap software sprouted up like mushrooms when they realized they could run these sites anonymously with Bitcoin as their only payment method. We got into Bitcoin because we've been serious about launching for 3 years but can't afford to play ball with the "real" casinos yet. Meanwhile, just being incorporated, even in Costa Rica, gives us like 900-pound-gorilla status in the Bitcoin world, which is great for us.
So a few days ago, one of these new Bitcoin poker sites just disappeared, and didn't pay people back. But the crazy thing about Bitcoin is that you don't know who's who, and who's telling the truth and who's lying. So this site claims that they launched and never got a deposit. God knows if that's true, and I'm sure He'll judge these guys harshly, but it's a pretty interesting lesson in what happens when a bunch of people try to open up a completely unregulated casino market in 2011. We're back to 1995. The claims, the counterclaims, the drama... it's kinda funny if it don't make ya cry. I guess the message is that people will always try to find a way to screw each other over, then lie about being screwed over, then lie about not screwing the other guy over... makes for a great soap opera, though.
And for the record, all this is good news for us, because if these guys couldn't keep a damn 10 year old, $100 piece of poker software online with a free payment method, I guess we did more than I knew to get where we are...
