Bitcoin is both a cryptocurrency and an electronic payment system invented by an unidentified programmer, or group of programmers, under the name of Satoshi Nakamoto.

Bitcoin was introduced on 31 October 2008 to a cryptography mailing list, and released as open-source software in 2009.

The identity of Nakamoto remains unknown, though many have claimed to know it.

Online casinos, also known as virtual casinos or Internet casinos, are online versions of traditional ("brick and mortar") casinos.

Online casinos enable gamblers to play and wager on casino games through the Internet.

It is a prolific form of online gambling.

Fiat money is a currency established as money by government regulation or law.

The term derives from the Latin ("let it become", "it will become") used in the sense of an order or decree.

It differs from commodity money and representative money.

Commodity money is created from a good, often a precious metal such as gold or silver, which has uses other than as a medium of exchange (such a good is called a commodity), while representative money simply represents a claim on such a good.