Online Gambling could be used to pay for covid problems

[TinaK]

I think that could be a great idea to implement for normal bettors or players but since we are all in cryptocurrency industry or crypto related enthusiast we won't agree to this since the first reason we used crypto is for our privacy.

In this situation they expect some regulation of gambling, So automatically all the users are comes in the KYC because once government will enter in the market we see the more security. The current situation of COVID problem is comes in the end so we don't need for this in gambling because many whales are not like a regulated gambling and government control of online transaction. Once BTC will globalized in crypto platform we expect many regulations in gaming.

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[Bitcoin Smith]

Yeah it is possible but it need lots of people in the place where it is possible otherwise the people will suffer in this covid situation because everyone will not seen ready to make it fast I think happen in future only.

[ethereumhunter]

To be honest applying you casino business for business permit and registration to the government for legal operation would cost a lot for a business owner but having a licensed to operate was its big advantage or its card to compete to other casinos. So definitely once a casino business be it real business or online gambling that doesn't follow the rules of the government were for sure do not have a license to operate.

At least, the government can not do something bad to our casino because if some of their officials want to raid and want to ask about the money, we can show them that we have a government license. Maybe the gambling owner already thinks about having a license or still operates their business without a license, and I guess that if they have much budget, they will try to apply for the license to be safe from the corrupt officials.

[Kasabus]

I think that could be a great idea to implement for normal bettors or players but since we are all in cryptocurrency industry or crypto related enthusiast we won't agree to this since the first reason we used crypto is for our privacy.

This would be more applicable in fiat as casinos as it's easy to regulate it, however, crypto online gambling is also not impossible to regulate so it's up to the government if they will issue license to crypto casinos and let the tax revenue help them recover from crises. As what we've seen, most of the licenses of crypto casinos are coming from few license provider only, what if more countries will allow it, I think it will not only help a country to grow but at the same time it will also help crypto casinos to grow.

[nikola22]

I think that could be a great idea to implement for normal bettors or players but since we are all in cryptocurrency industry or crypto related enthusiast we won't agree to this since the first reason we used crypto is for our privacy.

do you really think this is a great idea? as you understand additional taxes for casinos mean extra fees for common gamblers. almost sure noone here wants to pay additional fees even if they will be headed to covid problems.

[Obito]

I think that could be a great idea to implement for normal bettors or players but since we are all in cryptocurrency industry or crypto related enthusiast we won't agree to this since the first reason we used crypto is for our privacy.

do you really think this is a great idea? as you understand additional taxes for casinos mean extra fees for common gamblers. almost sure noone here wants to pay additional fees even if they will be headed to covid problems.

His point is just to secure the privacy of each and everyone and I don't think that he means about agreeing to the additional taxes that may brought my the casinos or some extra fees, and absolutely even though some people or some gamblers has enough money to pay the additional taxes they will still not going to pay for it because at first, who wants to paid some extra fees when you are gambling? you are already putting your money at risk in order for it to grow yet you are paying extra fees for nothing.

[dunfida]

I think that could be a great idea to implement for normal bettors or players but since we are all in cryptocurrency industry or crypto related enthusiast we won't agree to this since the first reason we used crypto is for our privacy.

do you really think this is a great idea? as you understand additional taxes for casinos mean extra fees for common gamblers. almost sure noone here wants to pay additional fees even if they will be headed to covid problems.

No one will and casinos wont really be seeing this as a good idea on where they would be charged up tax even more and where it would be heading? For sure it would be on gamblers same as you said.
We are badly beaten out by this pandemic in talks of economy but somehow there are some temporal situations  that can at least held up before we do slapped down to the floor.
This isnt only enclosed to gambling business but also into other businesses as well which should really be obliged to pay up proper taxes.If government decided
 to make it higher then people would just suffer more and thats not really an appealing thing to happen.

[ice098]

I think that could be a great idea to implement for normal bettors or players but since we are all in cryptocurrency industry or crypto related enthusiast we won't agree to this since the first reason we used crypto is for our privacy.

We should always consider the fact that we choose bitcoin and other altcoin because we don't want anyone to invade our privacy or we want to make our each transaction without trace, so this is not a good idea for me. It can only lessen our amount of winning as well , because government will surely take advantage on it and regulate it.

His point is just to secure the privacy of each and everyone and I don't think that he means about agreeing to the additional taxes that may brought my the casinos or some extra fees, and absolutely even though some people or some gamblers has enough money to pay the additional taxes they will still not going to pay for it because at first, who wants to paid some extra fees when you are gambling? you are already putting your money at risk in order for it to grow yet you are paying extra fees for nothing.

Yes but the moment they will allowed it, taxes will be implemented, what will be the difference of cryptocurrency in fiat, if there will be taxes? we chooses bitcoin in gambling, trading and other stuff because we don't want to have a big tax and for our privacy.