“Bitnplay” — a new online poker room that will provide real-money play using the cryptocurrency Bitcoin — is set to launch in February of this year.

The idea of side-stepping government backed currencies — and their regulations — has something of a cult following amongst the more technologically savvy portions of the poker community.

It remains to be seen if the cryptocurrency online poker model can be sustainable over the long-term. However, new investment will go a long way toward determining if there is in fact a viable business strategy here for the industry moving forward.

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