When the pay per head industry really started to get going, payment methods were still trying to catch up. Many players were still using Western Union money transfers to fund accounts. Speed, of course, is not a term associated with money grams.
With the rise of technology and virtual currencies, it simply made sense for players to use a service like Bitcoin to fund betting accounts. Bitcoin has become the leader in the industry and is the fastest, most convenient, and cost effective virtual payment method out there.
Bitcoin also provides something else to its users – anonymity. That’s right. A transaction using Bitcoin leaves no trace leaving the sports bettor using it anonymous.
More and more pay per head services now list Bitcoin as their preferred method of payment. It’s easy to see why. Using Bitcoin is extremely convenient. A payment can be made from any device from anywhere at any time. Payments are virtually instantaneous and confirmation is received almost immediately.
The security protocol used by Bitcoin protects users’ identities and there are normally no fees involved when using the service. When using Bitcoin, any personal information is not associated with the transaction. That keeps the user anonymous.
How Bitcoin Protects Privacy
Imagine walking into a retail store. You pull out cash, make your payment, and leave with your purchase. No one ever asks you for ID when you pay in cash. In a sense, your purchase was made anonymously.
It’s similar with Bitcoin. Transactions are not linked to a user’s personal information. A Bitcoin transfer is made from one address to another without any information recorded in the transaction. It’s similar to paying in cash at the retail store.
When a Bitcoin transaction is made, the network hides the originating IP address. It is impossible to tell what website started the transfer or the location where the transaction was initiated.
In order to purchase cryptocurrency like Bitcoin, users need to use an exchange service like Coinbase.com. Users have to register and must prove their identity by providing a copy of some form of identification and, in some instances, something that ties them to their physical address like a utility bill.
While a person’s identity is tied to the purchase of Bitcoin, there is no way to know how the Bitcoin was used. We can go back to the retail store example to help understand this.
The person that went into the retail store received his money from his paycheck. He worked and was paid and there is a record of being paid. This is similar to the purchase of the Bitcoin.
When the person goes to the retail store though, there is no record of the transaction. Nothing links the purchaser to the purchase since it was paid for in cash. This is the same in the pay per head industry with transactions using Bitcoin.
Bitcoin is a safe, reliable form of payment to use. Using Bitcoin in the pay per head industry is fast, convenient, and cost effective. It also provides users a level of anonymity similar to paying in cash. Try this method on Ace Per Head today!
A native of Western Pennsylvania, Rick, a Generation X-er, who now lives just north of the Motor City, Detroit, Michigan. A former high school, college, and professional football player, Rick now spends his time as a high school coach and as a personal quarterback trainer. An all-state high school quarterback, he went on to become an Academic All-American at Division II Indiana University of PA. He later coached at his alma mater helping lead the program to the 1990 NCAA Division II national championship game. Rick has also served as a high school head coach and as an assistant in Pennsylvania, New York, and Michigan.
His passion for sports writing started when he was the sports editor for his high school newspaper and continued when he worked as a sportswriter for the Jamestown (New York) Post-Journal in the early 1990s. A true sports fanatic, Rick enjoys all things Pittsburgh: Steelers, Pirates, and Penguins. The Immaculate Reception, the 1979 We Are Family Pirates, and the ’91-’92 Penguins are among his favorites. After working as an educator and athletic director for several years, he again took up sports writing and has contributed to several websites and publications, including Coach & Player magazine, X & O Labs, American Football Monthly, and many others.
When not consumed with coaching, watching, thinking about, or writing about football and other seasonal sports, he finds himself working out like he was still in college and reading everything from military history to Brad Thor novels. Rick has also been chasing rock god stardom as a drummer who has played with bands that have opened for the likes of Fuel, Days of the New, and Alien Ant Farm. He continues to play with his church worship group. Most importantly, Rick is married to the love of his life, Lisa, and has two beautiful daughters.