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Comment by noduerme

What's so funny is - I was in a peer group of early btc founders who were starting random Bitcoin hustles and didn't care at all about laws. No one at that time had even approached the IoM about whether BTC was currency - nor would they have, because trying to find legal haven was the furthest thing from their minds. And so not surprisingly, the IoM didn't have a ready answer when I asked them whether gambling with Bitcoin was actually gambling. But the letter of the law was that gambling occurs _in the jurisdiction where_ the random chance takes place. So it really was different from hitting a local RNG, legally.

It added a nice little feature too, which was that every spin and deck could be stored on a separate server that would show them all at the end of the day. This was a little before "proven randomness" took off in btc casinos, but I made the RNG reports available daily for analysis (without explaining the whole infrastructure, obviously).

[edit] I just want to say that yes, you're obviously right, and yeah, I ran a casino from the IoM... without anyone knowing if that was okay or not... and it was just a moment in my life. of which I'm proud, I guess. I was living illegally in a small apartment in Alhama de Granada after violating my EU visa. hah. It was a great, great piece of software and I don't know if I'll ever write anything that good again. But it didn't really change my life or anything.

parent noduerme 5 years ago

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