LUCKMCFLY
Legendary
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Activity: 2604
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
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July 27, 2022, 03:40:33 AM |
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In some way, governments want to take over a part of gambling, bitcoin and cryptocurrencies, they do not want to lose control, in order not to lose it, they have certain licenses in their possession, certain treaties that make KYC exist, of course in an intelligent way They get in saying that for the protection of the player and so that they are not scammed, but we all know that the true intention is to know which people handle crypto and how much, if KYC did not exist, it would be more difficult for them, it is because of them that even if casinos implemented Monero transactions it would be a bit more tedious for governments to find out.
It's more like they are getting 2 benefits at the same time by implementing KYC details. They can track their customers holdings as well as restrict people from entering into certain crypto platforms. No doubt they hate monero since it disrupts all their plans. Yes, and that is something that I have always wondered, because what would happen if a casino offers transactions with Monero? obviously it would be the target of all the organizations, I think they could suffer from certain accusations, such as money laundering, illicit money, money for drugs, among others, I think these could be the accusations that they could make against the casinos, although it could bring many customers without a doubt if they offer total discretion and total privacy, it would be one of the most sought after casinos by players, even some whales could go and stay there because I'm sure that will be the trend once adoption is achieved crypto.
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traderethereum
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July 27, 2022, 06:19:00 AM |
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The database of drivers license and passports are just identity, what governments need now is to get as much money as posible Your properties and bank balances is what they wanted to know and so are the cryptocurrencies you hide.
They wanna know what you have. The farmers in Denmark has issues about this already which they did protest just days ago. What the WEF meeting is coming true that we the people will soon own nothing and be happy with it.
The story with farmers is 100% the same as the story with nuclear power plants in Germany - they closed them and now in Germany the price of electricity has risen to record levels (it seems ten times in a year). If farmers fail to defend their rights, then after the destruction of the "extra" cows, we will face a similar increase in prices for milk and meat. This is very similar to the plan that the WEF has been trying to implement for a long time - for people to eat artificial meat and bugs. The government's curiosity to find out how much wealth its citizens have is getting higher and as technology is developed, they can easily investigate someone's account. Only by using SIM data, passports, or other identities, they can connect to all the resources they have so they can get complete data about a person. This is why in many countries, citizens are required to pay taxes based on the source of their income and the results of their wealth. And maybe this is why the cryptocurrency is the choice for people who have a lot of money so that the government can't track how much their real wealth is if they have cryptocurrency in their separate wallets.
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Boristhecat
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July 27, 2022, 06:55:11 AM |
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The story with farmers is 100% the same as the story with nuclear power plants in Germany - they closed them and now in Germany the price of electricity has risen to record levels (it seems ten times in a year). If farmers fail to defend their rights, then after the destruction of the "extra" cows, we will face a similar increase in prices for milk and meat. This is very similar to the plan that the WEF has been trying to implement for a long time - for people to eat artificial meat and bugs.
The government's curiosity to find out how much wealth its citizens have is getting higher and as technology is developed, they can easily investigate someone's account. Only by using SIM data, passports, or other identities, they can connect to all the resources they have so they can get complete data about a person. This is why in many countries, citizens are required to pay taxes based on the source of their income and the results of their wealth. And maybe this is why the cryptocurrency is the choice for people who have a lot of money so that the government can't track how much their real wealth is if they have cryptocurrency in their separate wallets. The problem is not at all in taxes (which are actually necessary and useful if they are of an adequate size) but in total control. If earlier you had some kind of right by default, now you have to prove everywhere that you have it. For example, in Russia, a FanID system was introduced for football fans. It is obvious that there is no connection with taxes, but only with total control. Gambling ID has the same meaning even if it is introduced under the pretext of restricting gambling for children or under the pretext of combating money laundering.
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dothebeats
Legendary
Offline
Activity: 3780
Merit: 1355
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July 27, 2022, 07:57:04 AM |
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In some way, governments want to take over a part of gambling, bitcoin and cryptocurrencies, they do not want to lose control, in order not to lose it, they have certain licenses in their possession, certain treaties that make KYC exist, of course in an intelligent way They get in saying that for the protection of the player and so that they are not scammed, but we all know that the true intention is to know which people handle crypto and how much, if KYC did not exist, it would be more difficult for them, it is because of them that even if casinos implemented Monero transactions it would be a bit more tedious for governments to find out.
It's more like they are getting 2 benefits at the same time by implementing KYC details. They can track their customers holdings as well as restrict people from entering into certain crypto platforms. No doubt they hate monero since it disrupts all their plans. Yes, and that is something that I have always wondered, because what would happen if a casino offers transactions with Monero? obviously it would be the target of all the organizations, I think they could suffer from certain accusations, such as money laundering, illicit money, money for drugs, among others, I think these could be the accusations that they could make against the casinos, although it could bring many customers without a doubt if they offer total discretion and total privacy, it would be one of the most sought after casinos by players, even some whales could go and stay there because I'm sure that will be the trend once adoption is achieved crypto. There were casinos that intentionally mentioned the use of privacy coins at their launch, and even that didn't secure them the player base that you are mentioning because people are focused more on established casinos that already has a name on the industry. People are fine using the traditional cryptocurrencies as is even without the added layer of protection, so long as there are no KYC involved in the platform itself. Ever wonder why there are no successful privacy-centric casinos that mainly focuses on privacy coins? Because they tend to forget that gamblers go to the platform to play and not to be "extra safe" that they neglect improving what they offer and focused on security and privacy instead.
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Pierre 2
Legendary
Offline
Activity: 2436
Merit: 1366
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July 27, 2022, 08:19:37 AM |
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I see that most forum members are worried about privacy issues behind this decision. Although in many countries you need to add your many detailed information to online gambling websites to start gambling. It is government forced situation to companies and people are used to it. I am not very sure with USA or Canada or UK but this was like a norm. I think its something understandable, and not very bad thing.
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Docnaster
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July 27, 2022, 08:39:37 AM |
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I see that most forum members are worried about privacy issues behind this decision. Although in many countries you need to add your many detailed information to online gambling websites to start gambling. It is government forced situation to companies and people are used to it. I am not very sure with USA or Canada or UK but this was like a norm. I think its something understandable, and not very bad thing.
Since Satoshi created bitcoin and this forum, majority of the members of this forum have much interest in privacy. Satoshi make us to understand why privacy is important especially when you don't trust your government. Apart from people that knows about bitcoin and privacy, you can easily see people giving out their personal information for any casino or online based platform. Even if you are not a bad person you still need to protect your online identity.
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Cookdata
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July 27, 2022, 08:58:45 AM |
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Yeah, just probably implement to restrict underage to gamble. For sure it will be hard to 'fake' this documents or maybe this kids can find a loophole? We really don't know, still up to their parents though to really monitor them. As far as privacy goes, the casino's will have the responsibility to protect the data of all of their customers and I don't think there is privacy if you gamble either online or off-line. Offline casinos too require id if you wanted to avail of their cards to gain points or have perks like free hotel accommodations, food and drinks and everything that will make gamblers go back and play more.
This database appears to be too centralized as if someone were completing an ID as a citizen of the country. I worry that if my name is requested, I will be identified as a gambler. In my opinion, this doesn't look cool in my opinion, what about those who want to gamble but don't want people to know they bet for a living? We should all have the freedom to do anything we want without having our privacy violated in the process. The offline Casino is different in this case, your ID will be required so that they know who is who and who they are offering service for in their casino, not as if they will make a card for you except for VVIP tickets that differentiate you from other players.
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coupable
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July 27, 2022, 12:43:15 PM |
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I see that most forum members are worried about privacy issues behind this decision. Although in many countries you need to add your many detailed information to online gambling websites to start gambling. It is government forced situation to companies and people are used to it. I am not very sure with USA or Canada or UK but this was like a norm. I think its something understandable, and not very bad thing.
For most of the Bitcointalk forum visitors who witnessed the launch of gambling platforms since they registered on the forum, what they fear most is that there will be a change in the policy of the platform on which they register their accounts at the beginning of the launch with promises from it that it will preserve their privacy and then after a period of time they start violating the privacy users in different ways. Very few platforms are fair from the start, and most of them want to bring in the largest number of users from the beginning, and then when users deposit their money on the platform, the privacy policy changes.
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Pierre 2
Legendary
Offline
Activity: 2436
Merit: 1366
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July 27, 2022, 02:21:08 PM |
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I see that most forum members are worried about privacy issues behind this decision. Although in many countries you need to add your many detailed information to online gambling websites to start gambling. It is government forced situation to companies and people are used to it. I am not very sure with USA or Canada or UK but this was like a norm. I think its something understandable, and not very bad thing.
For most of the Bitcointalk forum visitors who witnessed the launch of gambling platforms since they registered on the forum, what they fear most is that there will be a change in the policy of the platform on which they register their accounts at the beginning of the launch with promises from it that it will preserve their privacy and then after a period of time they start violating the privacy users in different ways. Very few platforms are fair from the start, and most of them want to bring in the largest number of users from the beginning, and then when users deposit their money on the platform, the privacy policy changes. I understand concerns, I am sort of open on online myself as when you give one hole on internet, people can reach out nearly all of your personal information. Privacy is obviously important people who ALWAYS stay anon. If gambling website clearly states that their number one priority is to protect customers, and later they betray users, its definitely uncomfortable. But I feel like all states (except some tax havens) will start to ask personal info from gambling websites.
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KTChampions
Legendary
Offline
Activity: 2520
Merit: 1964
Leading Crypto Sports Betting & Casino Platform
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July 27, 2022, 02:42:10 PM |
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This database appears to be too centralized as if someone were completing an ID as a citizen of the country. I worry that if my name is requested, I will be identified as a gambler. In my opinion, this doesn't look cool in my opinion, what about those who want to gamble but don't want people to know they bet for a living? We should all have the freedom to do anything we want without having our privacy violated in the process.
The offline Casino is different in this case, your ID will be required so that they know who is who and who they are offering service for in their casino, not as if they will make a card for you except for VVIP tickets that differentiate you from other players.
First time I hear about this. Do offline casinos require an ID? I understand when they doubt the age of a visitor and ask to see documents, but ask for documents from everyone in a row and find out who is who? Maybe it works for certain countries or even for certain casinos (which work on a club system or something like that).
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Peanutswar
Legendary
Offline
Activity: 1736
Merit: 1313
Top Crypto Casino
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July 27, 2022, 04:22:27 PM |
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I see that most forum members are worried about privacy issues behind this decision. Although in many countries you need to add your many detailed information to online gambling websites to start gambling. It is government forced situation to companies and people are used to it. I am not very sure with USA or Canada or UK but this was like a norm. I think its something understandable, and not very bad thing.
Nowadays people are using the identification to create an account if the purpose is for the government use i guess nothing worry because it is part of the economy but if you will your details in an unknown person which is possible use into the different way such as an identity theft that cause trouble to the real person with that identity in the future the same way in the gambling that's why there's a law regarding with the data privacy act they must need to fill up or agree first before proceeding but most of the gambling platform today now are trying to push the KYC and of course some them don't want to show up their real identity in the public.
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Wakate
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July 27, 2022, 08:07:34 PM |
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I am not surprised about this because the government always look for a way to make sure that all citizens pays there tax and therefore many gamblers had been outsmarting the government during task payment and for them to imposed the digital identity, it is to give accountability of every gamblers and their gambling activities. One of the reason why this is so is to reduce the number of under aged gamblers. With your identity, you will be able to gambler online and the government will know how to get you accountable during task.
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tabas
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July 27, 2022, 08:17:37 PM |
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Is there an update about this now after being posted few months ago? I see that most forum members are worried about privacy issues behind this decision. Although in many countries you need to add your many detailed information to online gambling websites to start gambling. It is government forced situation to companies and people are used to it. I am not very sure with USA or Canada or UK but this was like a norm. I think its something understandable, and not very bad thing.
There are also some that do like the idea because it will prevent the kids and teenagers to get inside any casino premise. Looking at that positive thought, there's still a lot of issues and concerns towards this. But if it's the government implementing this, is there any way of preventing it to happen? I don't think that there is, it's part of progress and it's not just all about gambling. If the government say so, everyone will just have to obey. I am not surprised about this because the government always look for a way to make sure that all citizens pays there tax and therefore many gamblers had been outsmarting the government during task payment and for them to imposed the digital identity, it is to give accountability of every gamblers and their gambling activities. One of the reason why this is so is to reduce the number of under aged gamblers. With your identity, you will be able to gambler online and the government will know how to get you accountable during task.
Yeah, sure this is another way to track and monitor everyone for taxation. There's certainly pros and cons about it and it's on your perspective on where you'll look at.
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carlfebz2
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July 27, 2022, 08:31:49 PM |
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I am not surprised about this because the government always look for a way to make sure that all citizens pays there tax and therefore many gamblers had been outsmarting the government during task payment and for them to imposed the digital identity, it is to give accountability of every gamblers and their gambling activities. One of the reason why this is so is to reduce the number of under aged gamblers. With your identity, you will be able to gambler online and the government will know how to get you accountable during task.
But we know that people wont really be seeing this to be appealing specially into those people who do value out much about anonymity then this wont really be an option or something that they would agree on and even myself doesnt really look for this thing to be that good yet even how strict they would be in terms of avoiding minors to play but with todays era and tech then it is really not 100% that they could get rid of it. Digital ID or anything that do relates with exposing your identity isnt really that good to look at but if it turns out to be mandatory then you wouldnt really be having no choice but to comply but as possible then you would definitely be avoiding this as much as you could.
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adzino
Copper Member
Hero Member
Offline
Activity: 3024
Merit: 576
www.Crypto.Games: Multiple coins, multiple games
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July 27, 2022, 09:33:42 PM |
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How is it going to stop "kids" from gambling? If the kids were able to gamble before in casinos that needed to pass identity verification, then how is this going to be any different? The kids will still somehow find a way to gamble with or without that "digital gambling ID". This won't stop anything. Just another excuse by the government to make sure they can keep a better eye on their citizens and they pay their due taxes properly. Nothing to do with kids and gambling.
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lixer
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July 27, 2022, 09:59:20 PM |
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It's more like they are getting 2 benefits at the same time by implementing KYC details. They can track their customers holdings as well as restrict people from entering into certain crypto platforms. No doubt they hate monero since it disrupts all their plans.
Yes, and that is something that I have always wondered, because what would happen if a casino offers transactions with Monero? obviously it would be the target of all the organizations, I think they could suffer from certain accusations, such as money laundering, illicit money, money for drugs, among others, I think these could be the accusations that they could make against the casinos, although it could bring many customers without a doubt if they offer total discretion and total privacy, it would be one of the most sought after casinos by players, even some whales could go and stay there because I'm sure that will be the trend once adoption is achieved crypto. Maybe this was the reason why many crypto casinos don't have a monero coin as one of their supported cryptos even on a fully decentralized platform. As long as the casino is legit and not a scam I think that they won't also allow such illegalities happening on their website. That is why casinos that I am using right now have a rule like you need to wager a certain amount before you can be able to withdraw what you have deposited and also to be able to tip someone. There are those casinos which demand a kyc as well. Even without a total discretion we can see that a lot of crypto casinos are still booming as there are other features which can attract gamblers to play on them.
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alegotardo
Legendary
Offline
Activity: 2590
Merit: 1225
☢️ alegotardo™️
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July 27, 2022, 10:57:13 PM |
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It's more like they are getting 2 benefits at the same time by implementing KYC details. They can track their customers holdings as well as restrict people from entering into certain crypto platforms. No doubt they hate monero since it disrupts all their plans.
Yes, and that is something that I have always wondered, because what would happen if a casino offers transactions with Monero? obviously it would be the target of all the organizations, I think they could suffer from certain accusations, such as money laundering, illicit money, money for drugs, among others, I think these could be the accusations that they could make against the casinos, although it could bring many customers without a doubt if they offer total discretion and total privacy, it would be one of the most sought after casinos by players, even some whales could go and stay there because I'm sure that will be the trend once adoption is achieved crypto. Exactly, privacy-focused cryptocurrencies will never be listed in countries that have strong regulation over exchanges and cassinos. In Brazil, for example, it's also like this... nobody finds Monero on exchanges (all casinos are already banned there). Monero is a currency that follows the essence of decentralization of cryptocurrencies, it is a cryptocurrency that was created to be exchanged on P2P, not on exchanges. The only good reason I see for listing Monero on an exchange is that it allows for larger exchange pairs and widespread use.
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TopT3ns
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July 27, 2022, 10:59:54 PM |
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How is it going to stop "kids" from gambling? If the kids were able to gamble before in casinos that needed to pass identity verification, then how is this going to be any different? The kids will still somehow find a way to gamble with or without that "digital gambling ID". This won't stop anything. Just another excuse by the government to make sure they can keep a better eye on their citizens and they pay their due taxes properly. Nothing to do with kids and gambling.
With digital gambling IDs that limit a certain age to enter gambling places, I think it can suppress children from entering gambling places, but when they manipulate their age, nothing can stop them, even though the government's efforts are very high to ban gambling. will not work because there are still many ways to access gambling places.
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pawanjain
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July 28, 2022, 04:46:10 AM |
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In some way, governments want to take over a part of gambling, bitcoin and cryptocurrencies, they do not want to lose control, in order not to lose it, they have certain licenses in their possession, certain treaties that make KYC exist, of course in an intelligent way They get in saying that for the protection of the player and so that they are not scammed, but we all know that the true intention is to know which people handle crypto and how much, if KYC did not exist, it would be more difficult for them, it is because of them that even if casinos implemented Monero transactions it would be a bit more tedious for governments to find out.
It's more like they are getting 2 benefits at the same time by implementing KYC details. They can track their customers holdings as well as restrict people from entering into certain crypto platforms. No doubt they hate monero since it disrupts all their plans. Yes, and that is something that I have always wondered, because what would happen if a casino offers transactions with Monero? obviously it would be the target of all the organizations, I think they could suffer from certain accusations, such as money laundering, illicit money, money for drugs, among others, I think these could be the accusations that they could make against the casinos, although it could bring many customers without a doubt if they offer total discretion and total privacy, it would be one of the most sought after casinos by players, even some whales could go and stay there because I'm sure that will be the trend once adoption is achieved crypto. There were casinos that intentionally mentioned the use of privacy coins at their launch, and even that didn't secure them the player base that you are mentioning because people are focused more on established casinos that already has a name on the industry. People are fine using the traditional cryptocurrencies as is even without the added layer of protection, so long as there are no KYC involved in the platform itself. Ever wonder why there are no successful privacy-centric casinos that mainly focuses on privacy coins? Because they tend to forget that gamblers go to the platform to play and not to be "extra safe" that they neglect improving what they offer and focused on security and privacy instead. But then why are monero holders not using these privacy focused casinos or no KYC casinos which accepts monero. I think those people are holding monero because of it's privacy and I have seen that monero is also used on the dark web. So many people must be holding monero and in that case they can use the coins on these casinos right ? This should have triggered a large user base for such privacy focused casinos in my perspective.
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traderethereum
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July 28, 2022, 05:59:58 AM |
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The story with farmers is 100% the same as the story with nuclear power plants in Germany - they closed them and now in Germany the price of electricity has risen to record levels (it seems ten times in a year). If farmers fail to defend their rights, then after the destruction of the "extra" cows, we will face a similar increase in prices for milk and meat. This is very similar to the plan that the WEF has been trying to implement for a long time - for people to eat artificial meat and bugs.
The government's curiosity to find out how much wealth its citizens have is getting higher and as technology is developed, they can easily investigate someone's account. Only by using SIM data, passports, or other identities, they can connect to all the resources they have so they can get complete data about a person. This is why in many countries, citizens are required to pay taxes based on the source of their income and the results of their wealth. And maybe this is why the cryptocurrency is the choice for people who have a lot of money so that the government can't track how much their real wealth is if they have cryptocurrency in their separate wallets. The problem is not at all in taxes (which are actually necessary and useful if they are of an adequate size) but in total control. If earlier you had some kind of right by default, now you have to prove everywhere that you have it. For example, in Russia, a FanID system was introduced for football fans. It is obvious that there is no connection with taxes, but only with total control. Gambling ID has the same meaning even if it is introduced under the pretext of restricting gambling for children or under the pretext of combating money laundering. That's the problem even though as free citizens, we can hide what doesn't need to be disclosed to the government because it is our right. But back to the rules, they made that make us unable to do anything because we live under their rule. The pretext for limiting gambling to children and fighting money laundering is good. Still, it does seem like the government wants to know everything about its citizens, including the wealth of every citizen. But if the digital ID is really applied to limit gambling for children and fight money laundering, it shouldn't go to the extent of investigating the property of someone who gambles.
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