1. w w w. c o i n p o i n t . n e t
CoinPoint is an online marketing agency catering to the Bitcoin markets
2. BITCOIN IN CHINA
Bitcoin is restricted in mainland china.
(People’s bank of China) – Trading by individual – Allowed.
The amount of Bitcoin “located” in China is unknown but
it is known that China is a big player in the Bitcoin market.
70% of the trading volume back at September 2014 was Chinese.
A lot of the Bitcoin mining is done in China.
4. GAMBLING IN CHINA
Officially Illegal (except state run lotteries)
Legal in Macau (regulated)
In 2013, Macau Casinos generated 45.2 Billion USD
while Vegas in comparison only 6.4 Billion USD.
Illegal Online gambling in China is estimated
to generate around 21 billion USD.
Money Laundering in China
5. THE BITCOIN
MATCH/SOLUTION
Transfer funds to Macau/outside China
with no restrictions/limits.
Hard detection – load bitcoins on a card
and nobody will know (cash transactions).
6. HOW GAMBLING IN CHINA
WORKS?
Gamble online anonymously.
Easy to buy and sell.
Instant transactions.
Transparent transactions.
Provably fair as a concept.