TimeTeller
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April 14, 2022, 09:43:10 PM |
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Basically the answer is: because crypto casinos are less greedy than fiat ones, and give customers superior opportunities to play more time using less money, if they wish.
I also didn’t put any of my bank details or fiat account in any site unless really needed or it’s a bank related transactions. Why use your identity or input card details in playing when you can play only without putting details of yourself and just enjoy many casino or games. Thankfully crypto provides ways to pay without any worries of being track and allow us also to gambling and at the same time to earn thru trading or investing. Being not monitored by any bank when there is always a need for transaction or happening in our account feels safer to do gambling. If only there will be more online local shops that we can also pay thru crypto then there will be no need for me to use any bank in paying for online transactions. There are really people who are really that paranoid when it comes to anonymity but there are some which doesnt care on using them specially on centralized platforms or something that do ask out some KYC. Gambling in crypto did really become more better when crypto exist where anonymity is been the key and what makes it more interesting but since these platforms are really that becoming centralized or regulated then expect that they would abide government rules and regulations which sooner or later we would really be seeing that they would be requiring KYC but not for now. If you are a high roller, expect to submit KYC details even for most of these crypto casinos. But if you are a small time gambler, almost all of these casinos won't ask your KYC even if they have license. But it is true, as they operate to abide the protocols of the government where it is located, they are heading to compulsory KYC. For now, let us enjoy that most of these crypto casinos are not requiring KYC. Take that as advantage over fiat-based casinos.
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coin-investor
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 14, 2022, 10:06:26 PM |
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If you are a high roller, expect to submit KYC details even for most of these crypto casinos. But if you are a small time gambler, almost all of these casinos won't ask your KYC even if they have license. But it is true, as they operate to abide the protocols of the government where it is located, they are heading to compulsory KYC. For now, let us enjoy that most of these crypto casinos are not requiring KYC. Take that as advantage over fiat-based casinos.
It's understandable even if the casino claim to be anonymous they do not want to be a transit of money laundering they ask KYC to VIP randomly to make sure that if ever there is an issue about a large deposit they can always trace the player. Money laundering has become a big issue among Cryptocurrency casinos because of anonymity and they don't want to be third parties to money laundering. They have no issues with small players because they will try and show to gamblers that they are indeed anonymous because in the first place this is what really attracts gamblers to make a shift from fiat where their information is exposed to Crypto casinos where your information is hidden.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Lanatsa
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 14, 2022, 10:59:27 PM |
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Basically the answer is: because crypto casinos are less greedy than fiat ones, and give customers superior opportunities to play more time using less money, if they wish.
I also didn’t put any of my bank details or fiat account in any site unless really needed or it’s a bank related transactions. Why use your identity or input card details in playing when you can play only without putting details of yourself and just enjoy many casino or games. Thankfully crypto provides ways to pay without any worries of being track and allow us also to gambling and at the same time to earn thru trading or investing. Being not monitored by any bank when there is always a need for transaction or happening in our account feels safer to do gambling. If only there will be more online local shops that we can also pay thru crypto then there will be no need for me to use any bank in paying for online transactions. There are really people who are really that paranoid when it comes to anonymity but there are some which doesnt care on using them specially on centralized platforms or something that do ask out some KYC. Gambling in crypto did really become more better when crypto exist where anonymity is been the key and what makes it more interesting but since these platforms are really that becoming centralized or regulated then expect that they would abide government rules and regulations which sooner or later we would really be seeing that they would be requiring KYC but not for now. If you are a high roller, expect to submit KYC details even for most of these crypto casinos. But if you are a small time gambler, almost all of these casinos won't ask your KYC even if they have license. But it is true, as they operate to abide the protocols of the government where it is located, they are heading to compulsory KYC. For now, let us enjoy that most of these crypto casinos are not requiring KYC. Take that as advantage over fiat-based casinos. Not the case on some casinos that we do have today yet there are whales who had been confirming that they arent submitting any KYC despite on betting hundreds of thousands of dollars on their gambling activity which is something good to know but there are indeed platforms/companies which do really ask out for some verification since they are regulated or licensed which they do need to abide rules and laws. As a gambler or being a whale then you wont really be having no options but to submit but if you do mind about anonymity then you would be finding out other places or would simply stick on where you are playing on.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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ultrloa
Legendary
Offline
Activity: 2856
Merit: 1249
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 14, 2022, 11:37:47 PM |
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Basically the answer is: because crypto casinos are less greedy than fiat ones, and give customers superior opportunities to play more time using less money, if they wish.
I also didn’t put any of my bank details or fiat account in any site unless really needed or it’s a bank related transactions. Why use your identity or input card details in playing when you can play only without putting details of yourself and just enjoy many casino or games. Thankfully crypto provides ways to pay without any worries of being track and allow us also to gambling and at the same time to earn thru trading or investing. Being not monitored by any bank when there is always a need for transaction or happening in our account feels safer to do gambling. If only there will be more online local shops that we can also pay thru crypto then there will be no need for me to use any bank in paying for online transactions. There are really people who are really that paranoid when it comes to anonymity but there are some which doesnt care on using them specially on centralized platforms or something that do ask out some KYC. Gambling in crypto did really become more better when crypto exist where anonymity is been the key and what makes it more interesting but since these platforms are really that becoming centralized or regulated then expect that they would abide government rules and regulations which sooner or later we would really be seeing that they would be requiring KYC but not for now. If you are a high roller, expect to submit KYC details even for most of these crypto casinos. But if you are a small time gambler, almost all of these casinos won't ask your KYC even if they have license. But it is true, as they operate to abide the protocols of the government where it is located, they are heading to compulsory KYC. For now, let us enjoy that most of these crypto casinos are not requiring KYC. Take that as advantage over fiat-based casinos. As a gambler or being a whale then you wont really be having no options but to submit but if you do mind about anonymity then you would be finding out other places or would simply stick on where you are playing on. But if your a whale and you already doing good on the platform you are frequently betting then changing to another platform just because you don't like their KYC implemented is kinda risky, we know how many scam casino exist and its really bad for whales to deposit their huge capital to scam casino. So they should consider this as part of regular ways if the casino is been regulated since this will give them relief if their casino abide the laws.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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dothebeats
Legendary
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April 14, 2022, 11:52:03 PM |
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Most points here center on anonymity, and I do agree with that. It's one of the features that most gamblers are looking for since it's hard for them to mask their gambling activities online with just credit cards. Also, everything with crypto is just fast without any approvals from a third-party needed, and no one can block your crypto if they found out that you are gambling online. It's basically just leaps ahead from fiat gambling and it''s just better in lots of aspects.
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ipanks
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April 15, 2022, 04:22:24 AM |
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snip
Yes, the casinos that don't require their users to verify will still be around and hopefully they don't come under pressure from their government. I think gamblers can look for crypto casinos that don't require verification and with the development of the crypto based gambling industry will also pay attention to the anonymity factor of the users so they don't have to show documents for verification. But for casinos that are in a strict country, have to follow the rules of that country.
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TheGreatPython
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April 19, 2022, 07:26:03 PM |
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the casinos that don't require their users to verify will still be around and hopefully they don't come under pressure from their government. I think gamblers can look for crypto casinos that don't require verification and with the development of the crypto based gambling industry will also pay attention to the anonymity factor of the users so they don't have to show documents for verification. But for casinos that are in a strict country, have to follow the rules of that country.
We don't know if they will be around because KYC being implemented on cryptos are still a new thing and it seems successful already because many crypto casinos are now following it, which they now require KYC before someone can use or withdraw money on their platform. Maybe eventually the rest of the crypto casinos will follow this new trend but for now there are still crypto casinos that don't require KYC, we can enjoy using them while they last. Soon anonymity wont matter but what will matter is the speed of the cryptos and if it has a cheap fee or not but gambling site will still need to improve their service so that gamblers will stay or will choose them over the other.
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milewilda
Legendary
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April 20, 2022, 11:46:12 PM |
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the casinos that don't require their users to verify will still be around and hopefully they don't come under pressure from their government. I think gamblers can look for crypto casinos that don't require verification and with the development of the crypto based gambling industry will also pay attention to the anonymity factor of the users so they don't have to show documents for verification. But for casinos that are in a strict country, have to follow the rules of that country.
We don't know if they will be around because KYC being implemented on cryptos are still a new thing and it seems successful already because many crypto casinos are now following it, which they now require KYC before someone can use or withdraw money on their platform. Maybe eventually the rest of the crypto casinos will follow this new trend but for now there are still crypto casinos that don't require KYC, we can enjoy using them while they last. Soon anonymity wont matter but what will matter is the speed of the cryptos and if it has a cheap fee or not but gambling site will still need to improve their service so that gamblers will stay or will choose them over the other. We are really heading on such changes it might not or cant be seen as of this moment but we are gradually seeing platforms which had been pressured for them to apply KYC into its users where these places or businesses wont really be having any choice but to deal or apply it because that would really be putting a big problem if they would oppose.Now we do have casinos that accept both crypto and fiat but they are really asking out some KYC.Yes, it do sucks but we are really heading for this trend as crypto adoption and regulation becomes more tighter.
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madnessteat
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April 21, 2022, 10:16:34 AM |
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^
If you want to be licensed in certain jurisdictions you just have to meet their requirements: KYC and AML. So these activities are quite normal. There is a huge number of gambling sites which do not impose such requirements on their users. They will not go anywhere and will have their market share because there is a demand for them. So I think there is no need to worry about regulation of gambling activities and cryptocurrencies.
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| . .Duelbits. | │ | | │ | ▄▄█▄▄░░▄▄█▄▄░░▄▄█▄▄ ███░░░░███░░░░███ ▀░░░▀░░▀░░░▀░░▀░░░▀ ▄░░░░░░░░░░░░ ▀██████████ ░░░░░███░░░░▀ ░░█░░░███▄█░░░█ ░░██▌░░███░▀░░██▌ ░█░██░░███░░░█░██ ░█▀▀▀█▌░███░░█▀▀▀█▌ ▄█▄░░░██▄███▄█▄░░▄██▄ ▄███▄ ░░░░▀██▄▀ | . REGIONAL SPONSOR | | ███▀██▀███▀█▀▀▀▀██▀▀▀██ ██░▀░██░█░███░▀██░███▄█ █▄███▄██▄████▄████▄▄▄██ ██▀ ▀███▀▀░▀██▀▀▀██████ ███▄███░▄▀██████▀█▀█▀▀█ ████▀▀██▄▀█████▄█▀███▄█ ███▄▄▄████████▄█▄▀█████ ███▀▀▀████████████▄▀███ ███▄░▄█▀▀▀██████▀▀▀▄███ ███████▄██▄▌████▀▀█████ ▀██▄███▀██▄█▄▄▄██▄████▀ ▀▀██████████▄▄███▀▀ ▀▀▀▀█▀▀▀▀ | . EUROPEAN BETTING PARTNER | |
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ethereumhunter
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 21, 2022, 02:16:56 PM |
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^
If you want to be licensed in certain jurisdictions you just have to meet their requirements: KYC and AML. So these activities are quite normal. There is a huge number of gambling sites which do not impose such requirements on their users. They will not go anywhere and will have their market share because there is a demand for them. So I think there is no need to worry about regulation of gambling activities and cryptocurrencies. There must be other ways to use gambling for us cryptocurrency users, just like before imposed requirements in many casinos. Not all crypto-based casinos will have requirements like KYC because they care about anonymity issues and although they do enforce KYC, it will not be as strict as fiat-based casinos. So we shouldn't have to worry and keep playing at casinos that don't require KYC.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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MonsterV
Legendary
Offline
Activity: 2212
Merit: 1008
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 21, 2022, 02:34:38 PM |
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For me I use cryptocurrency for anonymous transaction and to avoid KYC also, I find it way more convenient to deposit than using common deposits from third party services and it's easier for me to access cryptocurrency rather than using bank cards.
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tokeweed
Legendary
Offline
Activity: 4046
Merit: 1439
Life, Love and Laughter...
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 21, 2022, 02:50:09 PM |
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For me I use cryptocurrency for anonymous transaction and to avoid KYC also, I find it way more convenient to deposit than using common deposits from third party services and it's easier for me to access cryptocurrency rather than using bank cards.
While for me it's because of my sig campaign. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I have a weekly inflow of 80 bucks of BTC to bet on sports which is really enough to keep me entertained tbh. I'm not a whale or anything. I just like to watch football, MMA and F1 with or without bets but if I have free monies coming in weekly then why not gamble and try to win more, not that it matters. It's all fun... It'd be nice if crypto had a poker site with good traffic at the microstakes so we could have a chance to build a decent roll. I think that's what's lacking in the space.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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fiulpro
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 21, 2022, 05:22:43 PM |
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There are few things that are definitely worth better than offline gambling when it comes to it : 1. COVID you don't have to worry about it since it's way safer to bet online and there are much more options available 2. There are games dedicated to the market you are looking for as well 3. You can win way more definately on many sites and some bonuses are very much better 4. You can bet with smallest possible amount as well 5. Signature campaigns offers great promos as well and the amount can get deposited right in your account making it way more easier to use that site 6. More privacy and less judgement
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KTChampions
Legendary
Offline
Activity: 2422
Merit: 1920
Leading Crypto Sports Betting & Casino Platform
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 21, 2022, 05:31:13 PM |
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There must be other ways to use gambling for us cryptocurrency users, just like before imposed requirements in many casinos. Not all crypto-based casinos will have requirements like KYC because they care about anonymity issues and although they do enforce KYC, it will not be as strict as fiat-based casinos. So we shouldn't have to worry and keep playing at casinos that don't require KYC.
I agree that we should support those casinos that do not have KYC or it is used for in rare cases. But I would not say that we should not worry - regulators are constantly increasing pressure on both cryptocurrency and individual projects related to it (casinos) and gradually this leads to less and less freedom. I hope the next stage of evolution - decentralized projects (including casinos) will turn the situation around again in favor of people, not officials.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Ararbermas
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 21, 2022, 06:22:49 PM |
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For me I use cryptocurrency for anonymous transaction and to avoid KYC also, I find it way more convenient to deposit than using common deposits from third party services and it's easier for me to access cryptocurrency rather than using bank cards.
true, and for sure that's the common reason of others as well because of being anonymous with the help of crypto in any activities especially when it comes gambling, wherein its illegal in other countries. So i wouldn't be surprised why crypto users will be majority on this case.
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milewilda
Legendary
Offline
Activity: 3206
Merit: 1146
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 21, 2022, 09:18:01 PM |
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^
If you want to be licensed in certain jurisdictions you just have to meet their requirements: KYC and AML. So these activities are quite normal. There is a huge number of gambling sites which do not impose such requirements on their users. They will not go anywhere and will have their market share because there is a demand for them. So I think there is no need to worry about regulation of gambling activities and cryptocurrencies. There must be other ways to use gambling for us cryptocurrency users, just like before imposed requirements in many casinos. Not all crypto-based casinos will have requirements like KYC because they care about anonymity issues and although they do enforce KYC, it will not be as strict as fiat-based casinos. So we shouldn't have to worry and keep playing at casinos that don't require KYC. So far i do have experienced on having that basic kyc or information needed which is on Roobet on where it do ask out about your very basic details without any verification or sending out some documents which is really a light one but there are still people who do sees this thing to be not that appealing but it doesnt really affect in overall popularity and reputation unless if they are really that strict when it comes on sending out some documents which is really that frustrating or disappointing.
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ethereumhunter
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 22, 2022, 02:51:33 PM |
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I agree that we should support those casinos that do not have KYC or it is used for in rare cases. But I would not say that we should not worry - regulators are constantly increasing pressure on both cryptocurrency and individual projects related to it (casinos) and gradually this leads to less and less freedom. I hope the next stage of evolution - decentralized projects (including casinos) will turn the situation around again in favor of people, not officials.
In addition, I also hope that the government does not impose its will to regulate decentralized casinos because it is different from the casino they set before. Maybe the government can guide the casino always to obey the existing rules. If needed, the government can ask the casino to do KYC, even though KYC in the casino will be different from centralized casinos. So far i do have experienced on having that basic kyc or information needed which is on Roobet on where it do ask out about your very basic details without any verification or sending out some documents which is really a light one but there are still people who do sees this thing to be not that appealing but it doesnt really affect in overall popularity and reputation unless if they are really that strict when it comes on sending out some documents which is really that frustrating or disappointing.
If it's at a casino, I haven't done any detailed KYC verification, which makes me think less of it. But if I find some casinos asking me to do KYC one day, maybe I will leave that casino and find another one that doesn't ask for KYC.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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yayayo
Legendary
Offline
Activity: 1806
Merit: 1024
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 22, 2022, 03:07:01 PM |
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Commonly most of the usual gambling site that accepts fiat needs your verification and personal information upon signing up, the good thing I like crypto gambling site is that you don't need to provide full personal information and only a public email if they require you and in deposits and withdrawal any amount is allowed but not all gambling site but unlike common gambling sites that asks personal information you can withdraw and deposit without providing personal information.
ya.ya.yo!
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bitbollo
Legendary
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Nec Recisa Recedit
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April 22, 2022, 03:11:42 PM |
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If it's at a casino, I haven't done any detailed KYC verification, which makes me think less of it. But if I find some casinos asking me to do KYC one day, maybe I will leave that casino and find another one that doesn't ask for KYC.
in most of the cases you are required to complete the KYC the exact moment you go for a large withdrawal ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) , so you can rest assured you will not leave their casino so easily or it's required if you are connected from different countries...or you have win "thanks to radar betting" ... and so on... practically 95% of the casinos but maybe even more or less, have in their terms and conditions the possibility to ask you for a KYC at their discretion... it is always an event to take into consideration ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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KTChampions
Legendary
Offline
Activity: 2422
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Leading Crypto Sports Betting & Casino Platform
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April 22, 2022, 06:03:46 PM |
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I agree that we should support those casinos that do not have KYC or it is used for in rare cases. But I would not say that we should not worry - regulators are constantly increasing pressure on both cryptocurrency and individual projects related to it (casinos) and gradually this leads to less and less freedom. I hope the next stage of evolution - decentralized projects (including casinos) will turn the situation around again in favor of people, not officials.
In addition, I also hope that the government does not impose its will to regulate decentralized casinos because it is different from the casino they set before. Maybe the government can guide the casino always to obey the existing rules. If needed, the government can ask the casino to do KYC, even though KYC in the casino will be different from centralized casinos. Of course, the government will impose its will in any area it can reach. The meaning of decentralization is precisely this - if we cannot defeat cancer in direct confrontation, we are looking for a way where this cancer has no power and there is not even a "representative" of the project on which to put pressure. An ideal decentralized project would be just that.
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