Unpopular opinion about crypto gambling

[Chlotide]

Why ? Just why ?

[1715462529]

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[PawGo]

Why ? Just why ?

Are you against crypto gambling or against KYC? There are platforms where you may gamble without KYC, there is always a choice. At the end it is just a currency and a service, if someone thinks it is worth it, why not to do it?

[velzevul11]

Making such statements is stupid. Make me change my mind. Why? Just Why? 

[iv4n]

I guess when your bankroll is huge (maybe over $10k or $100k?! Or even higher?!) you want some protection and you are ready for KYC or anything else that can/will help you if some problem appears!

When it comes to us small-time gamblers avoiding KYC is probably some kind of rebellion, between everything else, we can pass it but the question is why do we need it? We like crypto because of the freedom it gives us... and some of us are not ready to abandon that freedom. Anyway, if you are a fair player you will be treated fair, with KYC or without.

[seoincorporation]

In the end you need to provide your personal information in life for anything that involves huge amount of money.

*When you open a bank account.
*When you buy a house or a car.
*When you win the lottery.
*When you pay taxes.
*When you win a huge amount in the casino.

It's what happens when you become an adult, and we haven't to be afraid of that because we are not doing any illegal stuff.

[Fivestar4everMVP]

One man's food is another man's poison, people love what others hate and others love what people hate, it all boils down to choice and preferences, it is absolutely OK to have a different opinion from what others consider normal concerning a matter, we should all learn to respect that.

If you don't like gambling on casinos that require kyc, that's your choice, I don't need to change your mind, do i
At the end of it all, we all are after the same thing, and that is having fun and making some money in the process.

[sunsilk]

So gambling with fiat on those platforms that asks KYC is exempted? There is nothing we can do with that, that's part of growing if you're looking at the growth of cryptocurrencies being used by casinos as their currency to gamble with.

There are still some exceptions these days and some casinos that don't ask for it if you're just a small time gambler. And that's what you just have to look at and try them if they won't ask you further to verify your identity with your stay there.

[Piesel]

Just as we have been saying all the while, if you are not involved in any illegal deals I don't think you will have any problem with KYC even though crypto user value privacy there are still some limitations to that especially when you want to access a third-party service such as casinos.

So in other to protect you from problems, it becomes helpful to provide some KYC documents so that your identity can be verified.

KYC has become a sad reality that we can not avoid because there have been so.much limitations that are tied to KYC, so I won't say KYC is entirely a stupid thing to do as a crypto user in some cases.

[GxSTxV]

I won't try to change your mind Xd but i will try explain why. the casino won't get an agreement from any company if they don't do they can have problems, because of money laundering especially with large amounts. If there's no KYC everyone will be able to deposit and withdraw no matter what his source of money came from. That's my opinion. Even i kniw it's bithering especially when you can deposit when as much as you can and then get asked to upload your documents in order to withdraw.
But can still also for a normal perosn to be a good thing if it offer more security and advantages passing kyc procedures

[TimeTeller]

I won't try to change your mind Xd but i will try explain why. the casino won't get an agreement from any company if they don't do they can have problems, because of money laundering especially with large amounts. If there's no KYC everyone will be able to deposit and withdraw no matter what his source of money came from. That's my opinion. Even i kniw it's bithering especially when you can deposit when as much as you can and then get asked to upload your documents in order to withdraw.
But can still also for a normal perosn to be a good thing if it offer more security and advantages passing kyc procedures

If they have gaming license, they have no choice but to implement the AML/KYC protocols.
This is why if there is some suspicious amounts getting in, some of them may ask for proof of funds.
I believe, we can't avoid this to happen these days as crypto casinos are getting regulated by the government already.
For most non-licensed, they may not require KYC but for new ones, it is still hard to trust them especially if you have significant amount of money.
Now, it is on your own disposition whether you will play on licensed or non-licensed casinos. It is your own risk you are taking here.

[Fatunad]

KYC is highly frowned upon on this forum and luckily we do have lots of options to take on dealing with casinos which doesnt really ask out for verification.
Its expected for these platforms to have that kind of ruling considering that they are centralized and regulated which means that they dont really have also the choice
because if they would tend to oppose then it would be over of their business or simply they cant make out any operation.This is why even they do like it or not
they would really be applying those terms even they do know that the community doesnt really like it.

[lionheart78]

Why ? Just why ?

Every person has their own opinion and preference.  Convincing anyone that their thought is wrong is pretty much difficult.  It is easier to tutor a person with comprehension deficiency than a person that has a firm belief that they are right since this person is ready to reject any opposing input to what he believes in.

Anyway way, I believe it is also stupid to think that holding cryptocurrency enables us to have the special privilege of being exempted from government regulation. 

[rby]

Why ? Just why ?

If everyone decides to be honest in the gambling industry by not using illicit money to gamble by not using gambling platforms as means of money laundry and also by not trying to cheat the gambling companies.
Generally if everyone decide to be morally right, there won't be any need for your personal identity. It because humans are difficult to control and will always want to extort a given system that is why kyc is implemented in gambling and other related Industries still kyc it is been abused by the regulators.

[btc_angela]

Well if you don't like crypto gambling, then there is fiat as well, land base on online base. But it will be just same though, casinos are going to ask for you documents specially if you are going to win big.

Of course, we don't want to go to KYC procedure because it is against the basic tenent of crypto which is anonymity, but this is now the world we live in, regulators are coming in full force so it's either we adapt to survived or move. And so I guess others will have to follow to be able to stay in the world that we love to move now, which is crypto space.

[goaldigger]

Crypto made for the reason of anonymity and freedom but since we also seeks mass adoption and regulations, this is where the government interventions begins and that’s why KYC are being asked on most of the licensed gambling site, once they register for that they are required to follow the regulations and KYC is a thing there.

No one will change your mind here, this is gambling and you should do what you think is right. If you don’t want to gamble with KYC that’s fine, at least you are safe from losing the money.

[fathafraink]

You need to know that not all kycs are bad, as long as these parties carry out these rules for the safety and comfort of the players as well. You also need to ask the site, why should there be a kyc?, so if their answer is in accordance with my opinion at the beginning, then we can accept it well.

[yahoo62278]

There are many reasons users do not like KYC. Some users want to be anonymous to avoid things such as taxes. Some other reasons may include underage, gambling illegal in their area, or hacker using stolen funds.

I'm sure there are other legit reasons but none that I can think of.

I do want to make a point about gambling not available in certain areas though. I feel like it's our money, we should be able to use it however the fuck we want. Unfortunately, governents do not agree with that. They want their piece. I think if all sites were able to kyc their customers and send tax documents, then most countries would allow us to gamble.

[agustina2]

Simply, if you don't like that crap then stay away from that platform.

There are lots of gambling sites around if you just know how to explore.

That's not even a problem in the first place. If the time will come that all crypto-gambling sites will mandate KYC then I will also end up on that question but for now, there's a solution or alternative to your problem. Don't stress yourself about it.

[DoublerHunter]

Why ? Just why ?

^There are still gambling platforms that did not require a KYC process, but the problem is you need to know the reputation if this is enough for them to trust your fund. This has been discussed here so many times why people avoid KYC compliance on any gambling platform and some prefer to gamble in a centralized gambling platform that has require KYC because they know it is regulated and trusted. Each one of us has a prefer for choosing a casino if you avoid gambling casinos that required KYC I respect your decision because I know you have a valid reason.

[Yogee]

My interpretation with this picture is that, he want’s to gamble but he needs someone to push him play and force him with KYC which later on, he will blame for losing the money. Well, if you are a gambler and understand cryptocurrency already you don’t need someone to tell you why, because you can easily do your own research here. There’s a simple answer here, if you don’t like KYC then don’t gamble.

The more pressing issue in that image is the fact that crypto has been advertised as "anonymous" or "private" that's why they mock anyone who submit their identity. Using crypto in casinos or any other platform that asks KYC is in contradiction or defeats the purpose of why it's been created.