Using Bitcoin, Ethereum, and Caged Beasts to Determine if Crypto Investments are Gambling
According to the Cambridge Dictionary definition, ‘gambling’ has two meanings, ‘the activity of betting money, for example, in a game or on a horse race’ and ‘the activity of risking money on the result of something, such as a game or horse race, hoping to make money.’ Crypto investments are not ‘betting’ per se; however, they do fall into the definition of risking money on the result of something. We hear time and again about the risk of crypto investments.
In the grand scheme of things, cryptocurrency is an incredibly…