Bitcoin Forum

After the German government banned Visa and Mastercard (https://dailycasinobuzz.com/news/germanys-online-casino-gamblers-see-bitcoin-as-payment-option) in casinos in June and PayPal stopped processing online casino transactions because of sanctions last year things are starting to look good for bitcoin casinos in Germany.

What do you think?

this can be a good chance for bitcoin community/casino owner.
However they (German Government) can adopt some limitations to casinos that accep bitcoin/cryptocurrencies. this can be a very risk situation since player could be seen voided their winnings!
 

Based, on the article the government of Germany has imposed these restrictions, for gamblers, to discourage going to illegal casino sites.
It's good that cryptocurrencies are highlighted as new solution to this, but if affiliated with those considered as illegal it might still eliminated by the government.
But if it will be allowed with the regulated casino sites, it will be another huge stepping stone for cryptocurriencies. I hope for the best.

Let’s wish that they do not ban using of crypto on the gambling sites else it will be a really big thing. If they allow to use it then this is going to be more power for crypto as many would now have to switch using btc or other crypto for gambling purpose. The market is also big, and more and more people join demand will continue to rise for bitcoin as well.

As far as I know they only have this jurisdiction to avoid being used in illegal transaction with unlicensed online casinos, I mean who's owner of payment processors would want to involve in such crime right? Now there are only selected and trusted casino in Germany that has the right to operate in partner with paypal and Visa. However, if those casinos, the illegal ones, are not going to be shut down then there must be a chance of the users to buy bitcoin as means of gambling. Will bitcoin surge in the Germany? Hmm not as high as you think of, as you need tons of money to increase the price of bitcoin even in 1%.

If Bitcoin along with other cryptocurrencies will be allowed to be used in casino sites in Germany, this will be a good thing for the entirety of crypto world because demand will rise. Although, I see the dilemma being interfered by the government, their decision would be the determinant if Bitcoin casino will be prospering the country.

It's good for now but if the reason why gamblers would adopt bitcoin is to avoid government regulations, I think the government could also implement regulation with cryptocurrency.

According to the article provided

If most gamblers would move to bitcoin, it will only take time for the government to also implement new laws on bitcoin in Germany. I think the regulation is to prevent gamblers from gambling in illegal sites. Instead of avoiding the government's intervention, they should also stop gambling in illegal gambling sites

I think the online bitcoin casino is an alternative for gambler feeling disillusioned by the government decision. This will be a good thing for gambler as they will have new experience related to gambling and they will soon abandon fiat currency for gambling and crypto gambling will have them play anonymously (if they want to).

Regulating anything about the rule is the duty of the government and I believe the German government will soon issue new rule regarding crypto gambling site if the interest in crypto gambling grow.

I think the German market has a big share of world gamblers.I know this when I was working on a 6 month contract there a few years ago.I also know they are very technology oriented people as I worked as a Linux Server Administrator there and I saw a lot of passion from people of different backgrounds for technology.They are also fans of Bitcoin so probably many will switch to online bitcoin casinos and this will be a good move for bitcoin in general.

True! If illegal casino owners adopt cryptocurrency just to bypass the regulations, it will earn bad names for cryptos and consumer interests will not be protected. German government may impose some severe punitive measures on the top of the existing legislation.

So even if it looks rosy from the outside but may mot be as rosy as it seems from the inside!

This opens a window for crypto casinos to get all those who cannot play with little options that they have left. Imagine how many people in Germany are wanting to play at casinos right now but the option to do so is already taken away, and bank transfers aren't really worth it and viable in the long run due to the fees and the time that it takes for their money to be received on a platform that they wish to play. This can cause a surge on crypto casinos, though I'm certain that the German government would look into these crypto casinos if they find out that this is another route that gamblers took, too.

Its always been in my mind that paypal doesn't allow casinos. I did not know that is processing in Germany.


The government will do whatever they need to do. If its the only way for them to collect tax from the casinos that suddenly uses cryptocurrencies, they wil crack them down. But they should also provide a solution like giving them license to operate under crypto law if they have that already since Germany is known to have adopted BTC.

If the casino been shutdown for not being authorised like how they shut down the unauthorized Bitcoin ATM last March means that the fight for the illegal or unliscensed of any business in that country is strong. Since Germany didn't ban totally cryptocurrencies, there is a high possibility that casinos can use it as their medium of payment as long as they are legal casinos and have permission to operate. I wonder if they ban also unauthorized foreign blockchain casino in their country.

This is actually good for the crypto market, hopefully they'll not ban crypto gambling in their country so we can rip the benefits of this news.

I'm afraid the government will also start to crack down crypto online betting in the country or prevent from people from gambling outside the country.

I know it's kind of complicated as it's not in the government's control anymore, so I guess I'll have to trust the people that they'll find a way to gamble and they can contribute to the adoption in crypto even if they will be evading the law in case it will be illegal in their country to gamble online crypto casinos.

This is a very positive news for crypto casinos, with this, we can expect more casinos will join the market and that would make crypto casinos to be more competitive to the fiat casinos. Liking that idea that it would result to surge of bitcoin casinos (actually, crypto casinos).

No doubt with that yet we know that government does really hate when they do saw that their citizens are trying to find another path since they had just banned nor restrict out those online casinos.

It would really be just likely for its citizens to find viable solution or option which would really be ending up with bitcoin or crypto. I wont be surprised if German government will make another step or
procedures on this one knowing that crpyto is totally opposing centralization and i wont be surprised if they would ban this too.

Its just an assumption but most likely it will surely happen if they wont consider the pros of cryptocurrencies.

If Germany is a crypto-friendly country and there's a local crypto exchange for a fast deposit and payment, it could work. They might switch to crypto gambling.

But if there are other deposit options aside from the use of Visa, Mastercard, and Paypal, people can just easily switch payment options and continue to play on their usual and preferred online casinos. I don't know how online casinos there work but mostly they have other deposit options there aside from those banned payment options.

Crypto is a good option or replacement but without people who are interested on using it, it might not be an option for gamblers there.

Probably, and it seems that online gambling is legalised in Germany.

Germany to Officially legalize online gambling and poker (https://europeangaming.eu/portal/latest-news/2020/03/17/66401/germany-to-officially-legalize-online-gambling-and-poker/).

And we all know that Germany is one EU country that is friendly and welcoming to crypto so I wouldn't be surprise if we are going to see Germany in the map as far as crypto online games is concern.

If they can regulate crypto casinos, that would make their economy to boost more, it would be helpful to recover from the damage created by the covid-19 pandemic. They'll become a crypto casinos capital in the world, I think this is the future since no country has owned this title yet.

Yes they are, as far as I can remember, it was 2017 that the government open it's door for crypto and there are a lot of online stores giving bitcoin as a payment option.



Again, as I have mentioned, Germany has a liberal mindset in terms of crypto adoption,

https://news.bitcoin.com/banks-germany-crypto/.

So this is really very positive news specially online gamblers, of course there are regulations to follow. So there could be a breakthrough news, specially online poker games which was recently legalised.

OP is correct, Bitcoin casinos will surge not only in German market but could also be in other countries as well.  
Germany is a big country, they'll become a model and other countries will follow if they will see the positive economic contribution of crypto casinos.

In general, it would also help not only the casinos to grow but also the crypto market as whole as crypto casinos now are not only accepting bitcoin but altcoins as well, and we know with demand, price may boost up, and with this kind of news that could bring some hype to the market again, I wouldn't be surprise if bitcoin will continue to be appreciated by long term investors.

This is the reason why the author think bitcoin casinos will surge.

https://dailycasinobuzz.com/news/germanys-online-casino-gamblers-see-bitcoin-as-payment-option


So here's the real reason, since online gambling is illegal in Germany, gamblers will find an alternative to still gamble, so it's hard to expect that the government will regulate crypto casinos as online casinos in general are already illegal on its territory.

When we say Bitcoin casinos, it's not the bitcoin casinos operating in such country, it's the different casinos from different locations of the world, but in overall, the effect is good for the crypto market.

Wont still be a sure thing that other countries would follow the same path in talks of casino regulation.They do have different approach when it comes to this matter, if they do ban then they would surely
stick into that and its quite rare or unusual to see laws that had been changed or altered just because they had been influenced by other neighboring countries.

If Germany had legalized online casinos then having online crypto gambling would really have a chance to enter the market which would really be a good thing on the space.
It will not only add up volume but also it is already a good exposure on crypto's existence.

It seems the government has a strict restriction on online gambling in their territory they have a new law coming up in 2021 on gambling and there's no guaranty that the government of Germany will allow the use of Cryptocurrency either, it's still hanging if Bitcoin casinos will not have government crackdown so gamblers in Germany will have to wait and see but if gamblers will use Bitcoin in their operation without the government approval they will have to go underground because there is still new ruling if they are allowed.

You would really need to look at whether or not it's a reaction to the global downturn, or, it's in response to fraudulent activities (or some other credit-card based reason) or even if it is in response to a political or religious group pressuring the German Government.

Given BitCoin can be purchased via credit card, then it's quite likely that the DE Govt will look eventually to putting restrictive measures in place on their use in online Casinos.

I think the bitcoin casinos will not just surge in Germany but also in other countries because with the easy-to-use of crypto or bitcoin, and people will not have a problem using bitcoin. People can buy bitcoins from many exchanges, sellers (which are more than a few years ago), so they can send their bitcoin to the casino. Besides that, people will also use the other coins, not just bitcoin, and they will like to stay in the crypto casino. The other benefits for people are they don't have to do KYC in the casino because using the crypto as the payment option, and they will have a chance to hide their identity from anything. That can be the way for bitcoin to get popular in the gambling industry.

Banning traditional payment methods in gambling only increases the number of cryptocurrency users. Since the world becomes more developed, people can easily access various ways of payment, including bitcoin. Germany is one of the most developed countries in the world and their citizen are highly educated to understand the concept of digital money. The more laws are implemented, the more ways people will find to avoid the interference of the Government.

Therefore, I believe that bitcoin casinos will develop rapidly in the next few months. This will give bitcoin and cryptocurrencies a huge opportunity to increase both in prices and the number of users. And you need to know that no law can stop people from using bitcoin.

I think sooner or later most of online gambling site will use bitcoin as another alternative for deposit and withdraw. Like has happened now, most of the trading forex platform use bitcoin as an alternative, it can be made as an opportunity for the developer. And yeah, I just wondering why the developer still use money fiat for deposit/withdraw espcially in the country who stil uncomfortable to gambling, why they didn't use bitcoin?

Yeah, pretty sure that tokens will be replaced instead it will be bitcoin in those traditional gambling casino. There will be lesser resources needed by replacing those chips instead a device or smartphone will do to interact bets to place in a  certain games. The same goes to the winning. It is more credible I think than the traditional way of betting using chips. Nowadays as the technology evolves, we could expect changes little by little with the upgrade of technology. All of it will be apply to make everything in comfort that even include in gambling.

If bitcoin comes to be the last resort of gamblers in Germany then why not? people always want to use virtual money in their gambling activities online so Bitcoin is one of the best contender.

though altcoin can serve them as well,but first things first so bitcoin should be promoted before followed by choices.
there are already plenty of casinos using crypto,try to check the service sectin how many new casinos that advertising in this forum now.

I don't think it would last long or we can expect that the demand would really grow.

They are using bitcoin to avoid government restrictions, and I think government will know that and if they order gambling using crypto will be illegal, I guess the adoption that we are expecting might not happen, also, even if the a country is pro crypto, it doesn't mean most transactions are done in gambling and since crypto is regulated in their country, I presume, so I guess it will be easy for them to track individual's transaction as people will use an exchange to convert their fiat into bitcoin and vice versa.

Then that is a good news, though there's a lot of casinos but only few are really gaining popularity in the forum while the adoption is going on.
I just hope that with more competition, it would result to better services of the casino. If these waves of people who would enter the crypto market, that would make crypto market more popular because they will introduce themselves on the number of casinos that are offering variety of games.

its weird how they ban the most trusted and legal payment methods for the sake of stopping people to gamble while they allow bitcoin to operate.

  btc is supposed to be the payment method that government ban the most especially if its related to gambling or maybe they cant do it because bitcoin is decentralized . i like it more better than paypal or visa , this could lead for people to trust bitcoin .

They are gaining less popularity its because they are lacking on marketing stuffs out here but if they will conduct a massive promotion here they will surely gain some good fame just what like other did. In competition side for sure it will be more cool to see more competition since those serious casinos will take a race on their promotional techniques so that they will not left behind.

Casino is a big business and if they successfully lured gamblers then its a big hit for them.

They just increase crypto users by banning those gamblers who are using Visa and Mastercard.
And if these players will discover about online crypto casinos which don't require KYC and is legal in their country, they will endorse these to other players.
Word of mouth is very effective marketing tool. And hopefully, they will find this forum also.
Because checking the gambling board here will give them idea which are reputable casino sites to play with.

That would probably be the result, not sure if it's for long term though.

I'm not sure about how they will regulate a crypto casino, but it could also be possible that when they regulate a crypto casino, it will require KYC.
Not sure about this one, but I'll check on this.



I'm sure they find it, any forum related to bitcoin, this forum is the most popular.

Since usage will take place, the demands will bring the value to rise up. It's a good news to the entire community, adding bitcoin to casinos
as an option will definitely brings more players to use this currency.
Along the way even those who don't understand bitcoin will gather the interest  and sooner they will also start using it and enjoy
the services.

Decentralization really is a convenient tool to avoid centralization, why do government entities want to stop gambling at this time when it's one of the most profitable business that could help a country's economy during lockdown.
They've just make it worse, because people are now turning into Bitcoin and possibly migrating their wealth into it.

If the government in Germany would not banned cryptocurrency. There is a chance that people in Germany would switch to playing gambling in a crypto casino because I know that online casino sites are not illegal in Germany, as long it is licensed or registered in their country.

That's why if the German government is showing a strict regulation with gambling as a whole, gamblers can't escape it for too long even if they will use crypto to avoid regulations.

Gamblers may experience new things with crypto gambling sites that can be good for crypto adoption, but if illegal gambling sites would also switch to crypto, then the government will also come after them. But if the government is positive with crypto adoption, then they can promote it as an alternative for online transactions.

The good thing about bitcoin casinos is they don't need bank transactions and the Germany citizen can just play from there home and withdraw their cash (or buy some more coins)on next trip to neighboring nation. The gambling sites can be registered anywhere and they won't even have to follow german regulations as they are neither using german lands nor it's money.

Well if things go well then it would be fun, if the government does not penetrate online illegal sites then transaction from bitcoin to other currency will be widely spread. Paypal doesn't have that much of  satisfactory service with the clients, it requires more information that gamblers are not interested because such a waste of time.

The German government is definitely being strict in gambling, if a gambling site or online casino is not licensed or not registered in Germany as a legal gambling site. So if people don't want to have problems, they should follow the regulations and licensed their gambling to be legalized. It will also be a problem if a illegal gambling sites would switch to adopting cryptocurrency because there is a chance that Germany would also banned crypto to avoid this kind of illegal activities.

The German government is known to be quite disciplined with applicable regulations. I believe the German government has banned visa
and mastercard in casinos, definitely because that casinos are illegal and do not have a license. The same is the case with online casinos
that stop using PayPal, that online casinos are likely not licensed either. And finally Bitcoin is the best choice for transactions in online casinos,
and causes a spike in the price of Bitcoin in the market.

While I do not like the idea of governments telling people how to spend their money at the same time this is a great opportunity for bitcoin and cryptocurrencies in general, people do not like to be told what they can do with the money that they have spent so much effort earning and if the German government is going to do something as dumb as this then it is likely that many smart gamblers that are aware of the existence of bitcoin and that did not adopt it for some reason or another will take the opportunity to do so now.

^ Gamblers should not worry because only those illegal sites are being tracked down by the government so they should play as they want to. The positive side of using blockchain networks to pay in online transactions is less time and less information so that the possibility of Bitcoin casinos is 99.99 percent to surge. Neverthless, I quite appreciated those gambling sites that has well disciplined and follow the regulations by the government.

Maybe yes but if the government's intention is to reduce the gambling activities then they will also regulate the crypto gambling sites or even can completely ban it.If not yes then the crypto gambling sites are going to get surge in the german market but why particularly for a country this is borderless society and anyone can join from anywhere if they have money and internet connection.

According to the article, the demand for cryptocurrency among online gamblers in Germany is rapidly increasing. In here, we can say that gamblers here are already crypto-oriented and knows that gambling with the use of cryptocurrency is more convenient compare to the usual payment system they are dealing with fiat online casinos.

However, it was also mentioned in the article that the German government will restrict online gambling operations in its territory. Therefore, shifting to crypto-gambling or any form of gambling will also be banned or won't highly encourage. I don't know how the German government will able to restrict access to gambling sites, fiat, or crypto, but if they have a sort of technology to track down those citizens that will play against the law, it will be a problem.

I really don't like this gambling under the shadow. The proposed law should be modified and focus on targeting those illegal gambling operators instead.

With those instances, it simply means that's Germany have welcoming back crypto at their backyard. I say this a rightful thing to do during this time and it gives leisure for those people who stay at their homes have time to gamble if they want. But the intent of welcoming it back is not only for gambling purposes but it also gives the people an option other than fiat or another digital form of payment. Things can be changed as they needed it for this time.

How many Online Casinos are either registered in Germany, or are licensed to accept players from Germany?  It might help to have a look at which markets accept Crypto Vs Fiat in the form of Credit Cards and see if the Crypto are out pacing the Fiat only sites.

Bitcoin casino are already introduce in the community and somehow common to other parts of the world that includes the german community. I think OP was right tha gamblers will join in an anonymous form of betting and that is by using the bitcoin. There could be a surge to bitcoin casino but I guess it needed more time to happen because others might be having some problems like technical aspect of cryptocurrency like creating and transferring crypto from wallets and buying crypto too in the market.

From article's in OP - https://dailycasinobuzz.com/news/germanys-online-casino-gamblers-see-bitcoin-as-payment-option


Means online gambling is not allowed, reason why people are looking for alternative to avoid government restriction and that is by using bitcoin to gamble or any cryptocurrency. I guess if they will allow gambling with crypto, it has not come into law yet and still on the process or in papers.

I am not sure if using bitcoin to gamble to avoid restriction is safe.

It would be a nice change to see some casinos with licenses actually open up to having a new online license from a country like Germany instead of all the usual offshore suspects,,, but in the end, governments must realize they cannot restrict crypto casinos and this is what is really leading to the re-regulations in Germany. If you cannot beat them, join them, right?

That would be the best solution, instead of closing the market completely and watch casinos relocate to different countries, better make a fair tax system and profit of it. Creating more security for the investors and gamblers. I'm no export on the German market but I would assume in the current form its just much cheaper for casinos to open in small countries which offer a lot of tax incentives for new Internet businesses.

Only gambling Will not help Bitcoin to grow, not in Germany or anywhere else. Ako, anonimity is not so high as it was before, if we can even talk about anonimity, so that will not attract gamblers. What we need is to build general awareness of cryptocurrencies and its benefits, then we'll also have changes in gambling industry.

That shows the versatility of the German people to look for ways on how to still go through gambling. It is also an opportunity for the Cryptocurrency in the Gambling Industry to step up since that can still boost their popularity around the world. Banning some known Credit cards was a big step by casinos since they know that there can be lots of people and foreigners that can play with it.

Do they already accept crypto currencies transactions? If they've done that that would be really fast just like a forest fire. Germany is also named one of the most innovative country in this world, I don't doubt them to start the use of bitcoin and other crypto currencies in their casinos.

But what can they really do? I mean if you buy bitcoin with cash then the government is not going to know that you're holding it and then you can use it to gamble to your hearts content, this is one of the strengths of bitcoin since it cannot be stopped by the government no matter what they do, so I have no doubt that if German gamblers are left with two options on the table and those are to not gamble or to gamble with bitcoin then we know that they're going to choose the latter rather than the former.

I don't read in the article that they are allowing Cryptocurrency in fact they have a crack down and restricting traditional online payment processor, there's still no guaranty that they will use Bitcoin, they are still in the process of creating a new laws about online gambling there might even be a crackdown like what happen to Paypal and the rest

Let's just say there are the first in history of crypto industry to do this kind of stuff. however, if China mimic their decision, they automatically turn into crypto casino capital of the world because they have a whole country dedicated to gambling which is Macau. Now that Germany has started it, I wonder which country will gonna follow its steps.

Not Only Macau because even in other countries in Asia Chinese are dominating the competence of Gambling casinos.they are the owner of the biggest casinos operating in other countries so the domination is really indeed from China.
But Germany is Now setting its own goal and this is a much good for crypto market because not only for being Big country but also for active gamblers that may use crypto in future for their activities.
I believe that they already did because this won't be posted here if there are still issue in crypto towards germany government Though Bitcoin still not a legal tender in this country at least there are merchant who accepts it as payment.

That's a possible risk, we never know what's on their sleeve so we can't be too happy with this news.

Banning online payment system means they don't want their people to gamble, and they could put some limitations in crypto casinos if ever that casinos are regulated operating in the country, but if these gamblers will gamble outside the county, maybe that's the only way they can get the best experience without limitations since we have crypto casinos in the space, and it's just necessary that they know how to play with their funds to ensure they are not violating laws set by the authorities.

Sooner or later, there will be a new online gambling casino that integrates their payment with the other online payment processor, and perhaps, they can consider using crypto to their site. But in fact, gamblers in that country will search for other ways to play gambling still, and I am sure they will get it later. It will not stop them from playing gambling if gambling is their way to having fun and using their free time, and I guess that they have an offline casino, which the government doesn't know where the place is.

The problem is their country is very strict when it comes to gambling, they wouldn't make this limitations if they just welcome more gamblers to spend thier money in gambling sites. Same thing would happen with crypto being use in gambling, that could easily be monitored or prevented when a gambling site is regulated, if not, that's the real freedom and I think there's no regulated crypto gambling sites in the country, correct me if I'm wrong.

well thats the idea why there are so many gambling sites are now advertising here in this forum,maybe they find out how big help Bitcointalk is for their business.
For how many years now that gambling sites is being advertised here and some had already stopped but many are starting their own.

Why the ban? Is it to prevent gambling (good thing to do, in my opinion) and betting addiction, or they just have disagreements with both companies (visa and mastercard), maybe concerning the issue of addiction and gambling? I didn't read the article unfortunately. Wish it was posted here.

Well, I think Bitcoin/crypto casinos should allow only safe and responsible bettings. They have to do this and also respect good/sensible national laws.

The main event there might be the crackdown of illegal gambling sites that has sprouted all across the country. Bitcoin casino owners should take advantage of the situation and make those previous fiat gamblers convert to bitcoin and other cryptocurrencies. This will be what I call the golden opportunity in which they can use to earn more and also help those who previously gamble in fiat to instead become cryptocurrency enthusiasts and also players. Whether its slots or poker it is a good time to be a Crypto casino owner.

Those places would exist if there would be high demand of gambling games on such place or country even though it would turn out to be against or illegal on what had been mandated by the government itself.
Stopping it totally would not really mean that they would really get rid of it knowing of that someone can play without the need of those typical fiat processor or any other third party and this is where
crypto gambling will really make up some buzz.The problem here is that the German government would declare another ban or prohibition towards cryptocurrencies?

that includes on the reason why they ban those payment procesors but it could also be ilegal/legal matters   . theres  even  crypto wallets that dont allow funds from gambling ,  something like that  .  they say theres an improvement or a good news after the said transaction happen . im happy for them

this is implemented last time  . theres a rule that a gambler must follow and he must not exceed with those stated limits because there was a punishment  .

The German government has banned visas and mastercards, because it is widely used by illegal casinos. Of course this has a positive
impact for Bitcoin casinos in Germany, especially Germany, including countries that accept Bitcoin. I am also sure of visa and mastercard
users in Germany want to keep playing gambling, one way to avoid this ban is by using Bitcoin to play gambling.

They can't ban bitcoin just because it's used for gambling, but they can ban a casino if they are using bitcoin to avoid the restrictions imposed by the government. They know that people will find an alternative, so if bitcoin are used for gambling, I think they'll draft a law to prevent this from happening also, as of now, people can enjoy using it but eventually it will be ban in the long run, what's we have to look at here is the reason why they ban digital payment system and they can also apply that to crypto.

Crypto is more advantage rather than digital payment because it's more anonymous compared to fiat payment system. Digital currency using crypto can see expedite the gambling transactions due to Blockchain technology driven by the alternative provided. With this factors, surge of bitcoin casino demand will increase and possibly it might cause more uprising online gambling to start latest operations once gambler population will also rise.

Perhaps, we will not see that it is happening now, but we don't' know if that will occurs in the future because we know that everything can be possible to happen. Even crypto is not being used for gambling in that country when crypto can explode in another country, that country can get the impact of the crypto from the other country. No, you are not wrong to say like that, but I prefer to say that everything can be possible in the future.


If gambling games are illegal in that country, I think people will try to open underground gambling games to avoid government regulations. We know that in many places, there are illegal things that happen without the government knows, but in the end, the government will know and search for those places. We can only guess that someday the German government would declare for another ban or prohibition, but I hope that they don't ban or prohibit cryptocurrency.

This is so deep, perhaps, what the country needs is to strengthen their fiats because of economic crisis, cryptocurrency could help but the volume of casino gamblers in a country will not be enough to recover the loss of the economy from taxes but I can say, it could help just like the way how BPO industry does, crypto gambling casinos transcends boundaries of countries. The only hard thing about it is the legalities of the platform that needs to conform to each and every country's jurisdiction.

Nah, they will not rely on crypto casinos only as although it's expected that the demand will increase but it does not give success right away, or what we called an overnight success. Along with this success, there are some trials in regulation as when the regulation is so lax, it also has a bad effect to the people, good for the economy but bad for the people, I think government has to balance things.



Of course, but at least they can cater gamblers from different countries.

Just like China, gambling is illegal in their country but they can gamble in online gambling sites outside the country.

I guess you mean "rules gamblers bettors must follow"... Or is gambling legal/allowed there? It's more like saying "there is a rule the drunkards (rather than drinkers) must follow. I think many bettors could misinterprete this as "it's OK to gamble but you have to follow certain rules". You see how it conflict with (or contradict) my initial post about not allowing gambling, and you seem happy about that.

They are not allowing visa and mastercard for betting, but they are also not allowing people to access crypto betting websites like sportsbet,
so it is not an easy solution. Problem is that I think other countries may follow German example, and that is bad.
What is next? They can ban alcohol and bad food, and who knows what next and make one big concentration camp again.
There must be some freedom and responsibility and less restrictions for online betting.

OP is speculating there is no guaranty that Bitcoin will be used in gambling sites based in German they may even ban Crypto currency because they have cracked on gambling there and they want it regulated, well what can you expect from a country that used to have a dictatorship as their form of leadership.

This will be the golden opportunity for bitcoin and other crypto currencies to be part in German casinos but I wonder if the German will allow it.

But if in case German will not banned the usage of bitcoin and other crypto currencies then German casinos will surely use it as they can surely easily adapt to it.

Every country have their own regulation about gambling but this one is quite harsh because they totally shun every payment processor and this might include Cryptocurrency so they may not be surge after all the article says they will have regulation, what kind of that regulation when they are banning all kinds and forms of payment, they might totally ban it.

They can only ban gambling sites which are in operation under their regulation, not a crypto gambling sites outside their country, so that would make bitcoin casino to surge in the crypto market, not in german market. I guess the title should be, bitcoin to surge in german market, not the casinos.

And those gamblers can access these crypto casinos by going around the internet. They can always find a work around if some sites are banned in their country. Since bitcoin is treated as legal in Germany, they have no problem in dealing with cryptocurrencies.

https://nomoretax.eu/bitcoin-tax-haven-germany/

Its likely that they would really be open in terms of cryptocurrency ventures or investments that would run up under their jurisdiction and since they do have positive perspective towards crypto then
there no doubt that there would be no problems in terms of legal aspect.Just one thing comes to my mind on why they do banned out Visa and mastercard.So gambling places out there or owners
wont really have any choice but to go along with new payment system which would be on crypto.They can still make profits on that.

I believe every thing bad should be avoided/ban. But how do you determine what is truely bad or good?
Bad foods, drunkenness, gambling are not good ofcourse. A responsible government should not allow those.
Good Alcoholic drinks in moderation is good for the body. Betting on good games/competitions in moderation is good. Eating good food in moderation is also good for the body. 
It's about moderation and consumption of only good things

I forgot to warn, if alcohol, betting, or any particular food cause you addiction, it is wise to avoid them so you don't  abuse or get addicted to them. I believe some are better at controlling themselves (self control) than others.

I think it's a good idea to make something like alcohol  bitter, sour, not-too-tasty  etc, so that many who consume it don't easily get addicted. This also includes bettings and foods.  You should try as much as possible (as producers esp) to remove/reduce things that cause those addiction, and/or  loads the products with lots of beneficial things, so that even when the consumers get addicted to them, they gain lots of goods... and very little to no bad.

This will help to surge the crypto gambling websites and also Germany have many players who love to gamble and if they are ready to do the crypto transaction then this online gambling sites here will see a lot many users from that region to joining them and gambling big. So, known gambling sites with good offers will attract more users now.

We might also see new members in the forum as they might be curious to join as we have a lot of popular casinos using this forum for their announcement.  Hopefully this would not only be a temporary success as regulators could also go after gamblers who use crypto to avoid regulation which is to ban the use of digital currencies to gamble.

It seems that many governments are still operating in a world in which bitcoin does not exist, I understand that governments need to crackdown on illegal gambling sites but it seems the German government wants to limit gambling itself as much as possible, and maybe something like that was possible in the fifties but we are in the 21 century and bitcoin exists so I have no doubt that all of those living in Germany that enjoy gambling will probably find in bitcoin a solution to their problems and to these unfair restrictions.

How can they prevent visa or mastercard betting though? These days you can just buy a topup card for Visa and deposit it into the casino. Or just buy credit elsewhere for Paypal or whatever and get it done indirectly like that,,, I guess now everyone is going to follow Germany like you said because now they want their tax money on gambling. COVID effect;)

These kind of restrictions are not going to help if the government want to stop people from gambling activities.It is unfair to restrict the gambling desire but government can do anything if they want.If crypto gambling casinos increases then they will also create more restrictions to it later so online gambling is the best option for those people.

We can't conclude yet if it is going to be good for bitcoin. Just like this scenario which I will quote, could also happen in terms of bitcoin. Banning the common online payments through casinos doesn't mean an edge for bitcoin in that country if we're not familiar with their governing rules.

As they said, "hunger is the first element of self-discipline - if you can control what you eat and drink, you can control everything else", this is true actually coz it makes really sense. Basically it has something to do with the our mood or what we really think towards something.

I guess you haven't tasted an alcohol before, coz it does not really tasty at all, it is completely sour. anyways..

The addiction will be attained if the mind is not capable of handling itself, you'll be addicted once you think you're addicted to it, you know it to yourself but you just keep doing it coz you are accepting the delusional ;fact; that you are addicted.

If that is the case and the title should be bitcoin to surge in German market, not the casinos. then this thread should not be classified as a gambling discussion anymore but will be fall to legal Bitcoin category but OP specifically mention gambling in Germany with an article included in his thread, there's still no guaranteed rules here, because German is still creating a rules for this and we will have to wait 2021 before they will have one.

I agree that many people become criminals because of hunger, therefore we must be able to control ourselves not to starve
be our reason for breaking the law. Then regarding gambling, we shouldn't make gambling an instant source of income, because
if we want to get money instantly, not by playing gambling. Playing gambling is just for entertainment, that's also with our
provisions must be able to limit playing gambling, must be able to control ourselves to know when to stop. Don't get us addicted
to gambling if our lives do not want to be destroyed.

This will be a good step and opportunity for the entrance of Bitcoin and other cryptocurrencies to be used on gambling sites as long as they won't get along into illegal casino sites that might cause for even cryptocurrencies to get banned by the government to be used on playing online gambling games.

There could be a good possibility that there will be a surge on the part of the Bitcoin casinos in Germany as long as they would be on the safe side which is not against the wants of the government to practically continue doing transactions to be able to continuously have a gambling experience online powered by cryptocurrency. The Bitcoin casino owners must just stick into the legal matters to avoid getting banned and be prohibited by the government so they must avoid negative linking of tolerating doing illegal transactions and just keep up on the safe side to make opportunity for a surge on Bitcoin casinos be made on the country of Germany.

The step taken by the government is good to keep the common public away from gambling. Gambling sites opting for cryptocurrency makes easy way to the gamblers. Compared to most other countries Germany doesn't have a big number of gamblers. They're technology people who aren't much interested on luck than work.

By the way what is the legal status of cryptocurrencies in Germany ? Are they legal  there ?
I don't live in Germany but if the master/visa card  and paypal is banned for usage in casino, then they can easily use bitcoins and crypto currencies if its legal.

They really have this Top casinos (https://www.bestcasinosites.net/germany/bitcoin/) in Germany, I think it is quite a paid site and biased, but atleast, it proves that bitcoin casino gambling in Germany is growing by seeing numerous new casinos available for people to play.


More than 600 euros is already huge for most of the gamblers, but this is a good initiative to attract gamblers knowing that they didn't need to pay taxes if they just play with funds less than 600.

This would attract more users and already the trend in Germany what I know is that people love to gamble and when this type of interesting things comes up then people would get tempted to gamble as below 600 Euro does not attract any tax. This could be another reason that we might be seeing the new online gambling sites keeps coming this day.

I am not sure but it should be.In the center of Vienna there is Bitcoin House a small bitcoin exchange there.Vienna is in Austria but most of the laws are almost the same in Germany and Austria.For the moment I haven’t heard anything calling bitcoin and cryptos as illegal in Germany.

OP is probably from germany and knows the people out there better than us here. This is why he made the speculation of sudden market to gambling casino in their place. Well it could be true for all I know gamblera are anywhere around the world and Germany has it too. I think  germany is known in betting for biking race. There are current events on biking that being held in germany. I will stand corrected because I am not too sure too in regards to gambling activity of german people. However I am pretty sure Hitler is from Germany.

Since they banned visa and MC, also paypal, how german ppl can do gambling? Is Stripe an option? ???

The problem is that governments think they can do whatever they want and that people are simply going to obey and while this is true for the most obvious of laws in this case I think many people will think of this law as something completely unfair, after all most people can control their gambling without any kind of problem and now these restrictions are going to take away a source of fun and happiness which is so needed during this pandemic, so it is likely many people will simply ignore the restrictions and use bitcoin to keep gambling.

And in this digital age, players can work around not to be confined with government laws and regulations.
Online casinos are getting popular because some of them don't require KYC especially crypto casinos.
So it is not the best interest of the government to restrict their constituents, because these gamblers will always find a way how to address their desire in gambling.

Then, their best option is to use bitcoin in gambling. That is the given opportunity for bitcoin casinos and they are expecting more gamblers to visit their site.

We might say that banning Visa and Paypay of having the disadvantage but it on the other side, it helps people to adopt Bitcoin. There will be having room for German gamblers to make use of their Bitcoin and enjoyed it.

The same I always think, people don't wish to bother themselves with banks and third party services. Unsatisfied with centralized systems they will turn to crypto, borderless and decentralized, full of many possibilities, where you can create your own way with your own terms. Who discover crypto and all the benefits will stay bonded for crypto forever.
What that has with crypto gambling? The same can be applied for crypto gambling, who discover benefits of crypto gambling will stay here forever, they will not return to online fiat casinos. I will not compare online with land based casinos here, land based casinos have charm that can't be beaten, but when it comes to online gambling industry crypto will win this, it's just a question of time.

I agree, trying to restrict the liberties of people will always bring trouble, however we can understand several cases in which those restrictions are good not only for society but also for ourselves as well and so we're willing to sacrifice a little bit of liberty to improve our security. But what we are seeing the German government doing is simply unacceptable, they are restricting the liberties of their citizens for no reason at all and when that happens it is obvious that people are going to resist and in this case they have the perfect tool in bitcoin to do so.

Ironically, people might want to revert to using PP or Credit Cards when online casinos start bumping up their withdraw fees and corresponding TX fees.

maybe so. the convenience of pp and credit cards is always the choice. withdrawal fees is just going to make it heavier for bitcoin to be used when its price goes up. we felt it already even before it spiked to its ATH. not ideal.  the ban of pp and credit cards make sense why the German market for bitcoin casino will go up. it proves gamblers are going to take a step to learn how to use btc and learn crypto to feed their craze to gamble.

This would definitely be a good year for the crypto casinos since this will switch many of the fiat players to make the switch to cryptocurrency. This move will also prevent unwanted addictions from people who think they can do anything in life with a swish of a credit card. I am pretty sure most of the European cryptocurrency casinos would be preparing themselves to accommodate a growing number of people that will be switching to their sites. Win win for the government and the bitcoin casinos.

This paves way to crytocurrency community as many users will use crypto because of banning the two digital payment method.

It was said that the Visa and Mastercard transactions were banned because illegal activities made through it on illegal casino websites. Perhaps the government is just protecting its people from possible harm and danger of interacting with illegal gambling platforms. Because by interacting with it comes a great risk, since it's not regulated and authorized to operate.

Crypto's demand could rise depending on the needs of the German gamblers. I just hope they wont use crypto in engaging on illegal casinos. So that, the government would trust its potential use and would not dispute it because of bad reputation - like being known to be a nest for criminal acts.

If the government banned the master/visa card transactions on casino and people shifted to crypto currencies to gamble in casino, they will not help the government in any way and any illegal activity which was conducted before through these credit cards can now be more easily conducted through bitcoins and crypto.

   Timelord2067 you are right, withdrawal fees can be high in some casinos, but in the same time there are crypto-casinos
with lower withdrawing fee. What I think once people start with crypto-gambling they will not return to PP or Credit Cards,
they will see how process can be easier with crypto-currencies. And here we talk about Bitcoin and Ethereum, for many
other crypto-currencies fees are still very low and you can gamble with many of them on many places.

I think the Bitcoin Lightning Network is the way forward for online Casinos - as LoyceV has said elsewhere, you can place a wager direct from your wallet and be paid out directly back into your wallet via the Lightning Network.  (insert slight caviet here that LoyceV hadn't mentioned - you need to have inbound capacity or else your a non-proprietary wallet such as Blue that will allow seemingly unlimited inbound capacity).

Increasingly people will turn away from PP and Credit Cards when they compare the transaction fees (as long as they aren't excessive)

Not sure if they are banning all the online fiat casino you are talking about. I was reading about Germany removing and banning all "illegal" unlicensed ATM currently situated at the different cities and then I remember seeing a glimpse where the writer was saying that they were doing the same with fiat casinos that were operating without license. You wouldn't be able to play over there. I don't think licensed casino faced any problem.

What I understand on the topic is, Visa and Mastercard were ban as a payment processor for gambling and paypal has also stopped processing online related to gambling, so these are big payment system and there's still a lot of payment system that these gamblers can use for sure.

However, with the absence of these popular payment system, it will present an opportunity for bitcoin to be use as a payment system.

We are only seeing the opportunity here but nothing has been proven yet as for sure government will do something to stop people from accessing easily in gambling sites especially the no regulated ones.