We are continuing on with our exploration of whether cryptocurrency is gambling. The simple answer can be determined by asking any 19 year old with a phone what they intend to achieve from purchasing cryptocurrency; they treat it like gambling.
Of course cryptocurrency trading is much more complex than a simple horse race. So we shall proceed with a number of analogies to test the premise. These analogies include: the perpetual horse race, the tradeable betting slip, the flexible bookmaker and the fake betting slips
Led by Adrian Cartland.
Required Reading:
Carlill v Carbolic Smoke Ball Co (1892) 2 QB 484