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Author Topic: Illegal gambling in Asian football increased partly because of crypto?  (Read 410 times)
imstillthebest
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February 20, 2020, 07:19:22 PM
 #41

From the time of creation Bitcoin and cryptocurrencies are blamed for money laundering.
We cannot say that it is not used for that, it is a real case. However, only the opponents are going to keep this as a feature of Bitcoin and neglect all the other positivities that stem from cryptos.
It's been used as we knew about it, but it's already evolving and many investors and establishments who also seen the benefits of this industry. We should look for the good side and not being stuck with the bad things that being broadcasted around the news. Look for the best side and aim to earned from this market.

easy man . many have claimed that this news is not legit  . not only this but other negative news related to crypto are prolly the same  . these guys prolly dont know if what is crypto and they are only linking it to many bad activities they can think of  . on asia , china is popular for illegal gambling operations like for example here on our country many chinese here owned and operate illegal gambling business without permit but not totally realted to sports  and crypto 
Hippocrypto
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February 20, 2020, 10:40:33 PM
 #42

From the time of creation Bitcoin and cryptocurrencies are blamed for money laundering.
We cannot say that it is not used for that, it is a real case. However, only the opponents are going to keep this as a feature of Bitcoin and neglect all the other positivities that stem from cryptos.
It's been used as we knew about it, but it's already evolving and many investors and establishments who also seen the benefits of this industry. We should look for the good side and not being stuck with the bad things that being broadcasted around the news. Look for the best side and aim to earned from this market.

easy man . many have claimed that this news is not legit  . not only this but other negative news related to crypto are prolly the same  . these guys prolly dont know if what is crypto and they are only linking it to many bad activities they can think of  . on asia , china is popular for illegal gambling operations like for example here on our country many chinese here owned and operate illegal gambling business without permit but not totally realted to sports  and crypto 

Some groupd of rival gambling made a lot of trolls on fake news, so right now we must seek fact checking before considering those news becomes believable. Illegal gambling is rampant we don't have a proper confirmation yet that those are related to sports actually, through some per to per arrangements making their own bet but it's really beyond control because it's usually happening particular with football fanatics.
adzino
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February 20, 2020, 10:45:54 PM
 #43

Not sure according to the article if those Asian countries are actually happy and glad that because of crypto currencies, match fixing on sports have reduced steeply and are grateful to crypto currencies or they are really frustrated and annoyed by crypto currencies due to "illegal gambling" activities. Really sad that they are blaming it all on crypto currencies. But yeah, its somewhat true that crypto currencies have made things like these easier to commit, but this doesn't means that crypto currencies are all bad and we should stop using them. Even before crypto currencies existed, people used to commit illegal activities with fiat currencies, but we are still using it!

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panganib999
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April 22, 2020, 07:48:44 AM
 #44

That's according to this news report https://uk.reuters.com/article/uk-soccer-asia-corruption/soccer-asia-sees-sharp-decline-in-match-fixing-says-afc-idUKKBN2080EN

After linking bitcoin and other crypto with money laundering and online crimes, here comes another issue  Cheesy

Quote
...traditional payments from financial institutions and wire transfers have switched to methods like cryptocurrencies or even payment in kind.

We have observed an increase in adoption of cryptocurrency as a payment method for illegal activities and a medium to bet.

It doesn't sound good that crypto is being used by illegal gamblers but it is just a medium of exchange that any individual can spend like fiats. I guess they found crypto, being borderless and censorship resistant currency, more practical to use for gambling.



No wonder why many people are having doubts on engaging into using cryptocurrencies because of this kind of people that uses cryptocurrencies for illegal activities and criminalities. Instead of using it for more useful ways for good adaptation, some people are making use of cryptocurrencies borderless features and capacities to provide convenient ways of payment. It just saddens me why people think negative ideas about the usage of cryptocurrencies because of the illegal activities that involves using of cryptocurrencies. But we must not inhibit a wrong generalization about crypto usage that it is just used for illegal purposes because it just depends on the individual on how they are going to use cryptocurrency.
Naida_BR
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April 23, 2020, 08:01:14 AM
 #45

Illegal gambling in Asian Football was a fact way before cryptocurrencies.
Those who are telling that cryptocurrencies are to be blamed for the rise of illegal gambling in Asia, are trying to do a propaganda.
I remember myself 20 years ago where people were trying to bet of Malaysian sportsbooks and gamble on Korean games in order to make some money from illegal betting.
KTChampions
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April 23, 2020, 09:14:02 PM
 #46

The fact that cryptocurrency is used for some illegal activity only says that it is a good tool, but not that it is a criminal tool. I do not know how true the information in this article is, but in any case it is obvious that this cannot be a claim to cryptocurrency. A good tool is used by both honest citizens and criminals.

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Twinkledoe
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April 23, 2020, 10:41:47 PM
 #47

Illegal gambling in Asian Football was a fact way before cryptocurrencies.
Those who are telling that cryptocurrencies are to be blamed for the rise of illegal gambling in Asia, are trying to do a propaganda.
I remember myself 20 years ago where people were trying to bet of Malaysian sportsbooks and gamble on Korean games in order to make some money from illegal betting.

The fact that cryptocurrency is used for some illegal activity only says that it is a good tool, but not that it is a criminal tool. I do not know how true the information in this article is, but in any case it is obvious that this cannot be a claim to cryptocurrency. A good tool is used by both honest citizens and criminals.

I agree both. Even before crypto was born, those illegal activities are already happening. Now, that they have seen a good alternative option, they are just using it but I think they are just making a fuss out of it blaming the presence of crypto with the rise of illegal gambling activities. It just shows that crypto has a lot of applications and can give convenience to a lot of people. Sometimes the media will give the notion that it's crypto to blame with negative things whereas it has been in existence in the industry for so long already.
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April 23, 2020, 10:46:24 PM
 #48

Illegal gambling in Asian Football was a fact way before cryptocurrencies.
Those who are telling that cryptocurrencies are to be blamed for the rise of illegal gambling in Asia, are trying to do a propaganda.
I remember myself 20 years ago where people were trying to bet of Malaysian sportsbooks and gamble on Korean games in order to make some money from illegal betting.

The fact that cryptocurrency is used for some illegal activity only says that it is a good tool, but not that it is a criminal tool. I do not know how true the information in this article is, but in any case it is obvious that this cannot be a claim to cryptocurrency. A good tool is used by both honest citizens and criminals.

I agree both. Even before crypto was born, those illegal activities are already happening. Now, that they have seen a good alternative option, they are just using it but I think they are just making a fuss out of it blaming the presence of crypto with the rise of illegal gambling activities. It just shows that crypto has a lot of applications and can give convenience to a lot of people. Sometimes the media will give the notion that it's crypto to blame with negative things whereas it has been in existence in the industry for so long already.

Nothing new and it would be always like that on where these shitty media will always focus out on negative aspects towards bitcoin or crypto.
They arent telling something negative towards traditional things which is far more worst but we cant really deny on how crypto would be the best place
to continue such act due to anonymity so these kind of things arent really that surprising though.

joshy23
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April 23, 2020, 11:20:43 PM
 #49

Illegal gambling in Asian Football was a fact way before cryptocurrencies.
Those who are telling that cryptocurrencies are to be blamed for the rise of illegal gambling in Asia, are trying to do a propaganda.
I remember myself 20 years ago where people were trying to bet of Malaysian sportsbooks and gamble on Korean games in order to make some money from illegal betting.
They are just pointing fingers especially those who are against crypto industry. This propaganda work just as  to  discredit the spread of knowledge about crypto currencies, placing negative things behind will also gives ideas to people that surround the place.
In anyhow, there are people that will continue to seek for real deal behind this industry.
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