Bitcoin Forum

So, guys, now that even Australia is on ugly anti-crypto wagon - who/what's left as the bastion, so to say?

Source: https://twitter.com/Prime_Ball/status/961293170456911872

It doesn't matter whose next because they will take the ban away so they can regulate and tax the crap out of it. Look no further than the USA for the leading power and a bullish signal.

This is already an expected thing and expect there would be more countries would follow this banning trend. I do agree with with your point that it doesnt matter because soon they would reverse their decision and make regulation to shit out some tax of it which is somehow anticipated with this matter. We do know that government do really loves to control everything.

The gambling regulators are blatantly ordering all the crypto casinos to stop using bitcoins.They are not even providing any reason for this.
This shows how politicians are whoring for other gambling corporate(offline casinos) in the country.

This ban makes no sense at all.This portrays the fear of government towards chained currency.How they tend to ignore the positive points and passes judgement by just looking at the cons.
This adds to the reasons, as to why we need an onchain currency.
Greedy people in parliaments have turned democracy into a fallacy, and bitcoin is making us realize this!

Why are you so surprised?

They will either ban it outright or they will allow it under regulation.

Problem with regulation is that unlike Bitcoin trading it would be very difficult to regulate especially with so many different Bitcoin gambling sites out there. Even the ones which are on chain and anonymous.

Australia didn't ban bitcoin gambling, the NTRC (northern territory racing commission) which is a regulating body you can get sportsbetting licenses from issued an informal ban probably just wanting to stop one of their licensees from accepting coins until they can wrap their head around it. Non-Sports betting (interactive games) are already banned in Australia which is why Primedice & Stake can't offer service to AU players. Click-baity headline/article.

Or maybe they did this to create another license(which will be way more expensive) to discourage crypto casinos?

Exactly I think this is just a ploy of these government to ban cryptocurrency and then they will regulate it so they can get much money as they can. If you are the citizen of that country that banned crypto of course you would think that it is better to regulate it than totally banning it.

This politician are so greedy.

With Bitcoins growth and mainstream adoption. There is going to be more and more regulation.

As a gambling service do you plan on complying with regulations in the future if they will make you require KYC AML from your customers?

Because think of how much business you might lose if all the G8 nations eventually ban gambling.

They are trying to limit registered local casino from accepting cryptos for betting  but they can't stop their citizens from using bitcoin they have to gamble in other pure crypto casino where there is no any KYC policy.

Australia is still quite crypto friendly country and they have also recently announced they will turn brisbane airport as most crypto friendly airport.

Gambling in Australia is very restricted for Australian citizens from years!
It's normal to extend their ban/laws over crypto markets.

It's  not too surprising, the  market of crypto is getting bigger and bigger in a very short time, and this has been making each government from every country to evaluate crypto currencies, this will be another scheme to try to regulate the gambling sector, I think soon they will lift the ban and put regulation, the real reasons of this ban will be the tax and erase the anonymity provide by crypto

Gambling in australia is similar to gins in america. 
they are on a giant island so what would you do if you lived there?
 its a sad reality and beautiful country to visit but everyone loves to gamble.
I dont think this will effect bitcoin in very much.

How the hell are they going to stop bitcoin gambling?
For fuks sake, people buy weed on the deep web and get it delivered with the fucking post office  :D
How the hell are they going to stop crypto gambling o.o

They can not prevent you from crypto gambling and here is a nice selection:

Crypto gambling sites with cost free consumer protection service (https://game-protect.com/crypto-gambling/)

I don't know much concerning the gambling issue in Australia but the news posted by the OP cocerning Australia joining the anti crypto wagon was wrong news and the last time I checked Australian Banks even allow their customers to buy cryptocurrencies.

It's apparently not about banning cryptocurrencies but just using them for gambling.
Yeah, doesn't make sense..
Australia is becoming socialist..

How is that different than the USA then. Bitcoin isn't banned there but they don't allow online Bitcoin gambling.

Basically I am pretty sure Bitcoin gambling wouldn't be banned anywhere if BTC was 10 cents.

But since it's becoming more and more mainstream. All the casino and gambling corps are losing money and forcing the government to make it illegal.

Yep. USA is fucked too.
It's probably because of that provably fair system.
They would lose big money if they had to prove how the game comes up with an outcome.

It's quite normal hearing banning of bitcoin or cryptocurrencies now, they get too alarmed this year since many physical institutions see it as an hindrance on their businesses. The government should see how blockchain will be helpful for us, it's convenience and being decentralized. One day, time will come those who prohibits it , may it be on gambling or any institutions will find it helpful in many ways.

USA is totally fucked up after the Black Friday. They are one of the most communistic 'democracy' in the world.
But Australian markets are open for foreigners after verification. And their laws are forcing the local bookies to offer very decent services.

This is the best example of Carrot and Stick first instill the fear in the minds of people, then sugar coat them guess what just pay taxes and we're cool. This is the norm these days, what gullible gamblers don't understand say X country has banned it, how will they track it?

I can use VPN buy and sell in cryptos and play online gambling there's no chance of them finding out.

People get smart and know you cannot be tracked!

#gambleralwaysfindaway #googlefortricks #donotgetcaught

You may be way more tech-savvy than the average person, who is interested in
online gambling. How many people don´t even know what a VPN is yet alone are
able to use one?

I´d argue that the regulatory entities don´t care if 10 % of the people still
participate in a prohibited activity by using a VPN or an anonymous payment method.
They care about the 90 % of the people, who don´t care enough or don´t know
how to circumvent the regulations.

90% people that play with cryptos knows about VPN

Gambling can be banned in some countries, in many others gambling will never be banned, not a chance for that. Some countries will be all about gambling, some islands are gambling paradises, like some towns, Las Vegas, Macao, Monte Carlo, and many others.
And we have crypto, you can hide yourself in many ways and that kind of gambling will never be banned globally, some counties like Australia will have some restrictions but even people from there have ways to gamble. I support comment that says we will always find a way if we wish enough.

Not just Australia but the states have banned sportsbook casinos for several years now. I remember a site, I think it was bodog, that did not allow anyone from the united states to access their site and it was in their terms of service. The latest one which was considered on of the largest bitcoin casinos banned customer from the states accessing their site a while ago. Just go to Cloudbet's old ANN thread to see quite a bit of accusations against them in not paying out winnings. They can hide behind their terms of service in rejecting paying their customers if they are trying to access their site behind a VPN.
Casinos are smarter than you think.
VPNs can not be used on certain casino sites as they are detected and refused access with a message saying you are using a vpn thus can not proceed or just timesout without loading the selected website.

I'll be amazed that you actually believe that people who gamble online wont know about VPN, this is one of the most basic thing that people coming to gambling know. There're many countries which does'nt allow gambling yet using VPN they gamble highest. See for me if a gambler really wants to bet he'll find a way. As far as the condition in Australia is there any further update regarding the situation or there's been no new news till date?

Actually, a few guys I know who USE VPN don't realize that's what they're doing. These aren't old people either, just a few years around my age. They use mobile phones and internet a lot, social media and all that, and use VPNs but the simple add ons like with browser extensions or phone apps. They don't even realise it's a VPN they just know it lets them surf places the government won't let them.

So... yeah I'm not surprised if ppl don't realize. You say VPN they say huh?

VPN won't save them when they are required to upload their ID to verify themselves for KYC purposes unless they also have fake documents which is essentially illegal. It may work for Bitcoin casinos but in the real world it wouldn't at all  ;)

The irony here is that if it weren't for governments trying to tax poker and banks freezing credit card payments to online casinos, then I would never have invested so heavily into bitcoin :D
No point in learning to play poker if the house and government's rakes cut so deep into my EV. Now I have 2.9btc because I've learned not to trust the banks. Especially during wartime.

P.S. VPNs don't hide metadata, and those that do have a very slow ping. Anyone wiretapping you will know what sites you visit.

Australia didn't ban bitcoin gambling per se,everything non-sport related betting was illegal long ago
so this article has nothing to do with reality
also even if it is illegal,it cannot be enforced if you want to gamble at home,unless they put some sophisticated ISP level filters
and snoop your traffic,which is outrageous in itself
but if there are australian based casinos,they must comply,i.e. they cannot get licensed there and won't accepr AU users (but none said you could not use VPN,right?)