it may be in ireland or panama. i don't know where it is. i don't much care.ese sites are growing. there are more oi f them all the time. how do they take bets from americans when other sites were stopped? well here to explain that is naomi brockwell of the new york bitcoin center. so these things, somehow thrive because people pay in bitcoins? >> well, yes, essentially. with a ban on internet gambling enforced the government targets intermediaries, the financial institution that process paints to line gambling sites.mbling what amazing about bitcoin, it is peer-to-peer currency. it doesn't use any of these financial institutions. the gambler can actually, you know, communicate and make payments directly to the casino and there is very little that the government can do to stop these transactions. i guess they could try to shut down sites, use diplomatic pressure but there is incredible market for online gambling. 50 to 60% of bitcoin transactions are made through gambling sites. john: these sites depend on bitcoin payment. >> bitcoin is incredible technology t

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