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Author Topic: Kryptogamers Hive No KYC Casino  (Read 1400 times)
noormcs5
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March 30, 2023, 11:28:43 PM
 #121

 
So KYC is only harm and an extra trouble for any person.  
This is how I think.
Not all gamblers feel at a loss and get into trouble regarding a KYC.
There are some gamblers who actually don't mind and they easily provide KYC to the casinos they use because they believe the personal data that has been provided will not be misused.
There are also gamblers who don't bother looking for casinos without KYC that are trusted and can be relied upon, so they choose the most popular casinos with KYC to make it easier and faster to use casinos without having to think about it and reset before using the casino.
Maybe you can come to such a conclusion because you yourself don't like KYC and mind if the casino knows personal data because you want to gamble anonymously in a crypto casino.

Well, those people who blindly trust all the gambling sites with their KC data are doing a big mistake. Since their personal data have never been misused before, they do not know the consequences of it. I am not saying that anything bad may happen with them, but since they provide their KYC data to both reputed and non-reputed gambling sites, they are at high risk.

Will there be anyone who can say that his KYC data is not important and he can afford his data to be used in the black market? I guess no one will like this to happen.

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qwertyup23
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March 30, 2023, 11:54:25 PM
 #122

 
So KYC is only harm and an extra trouble for any person.  
This is how I think.
Not all gamblers feel at a loss and get into trouble regarding a KYC.
There are some gamblers who actually don't mind and they easily provide KYC to the casinos they use because they believe the personal data that has been provided will not be misused.
There are also gamblers who don't bother looking for casinos without KYC that are trusted and can be relied upon, so they choose the most popular casinos with KYC to make it easier and faster to use casinos without having to think about it and reset before using the casino.
Maybe you can come to such a conclusion because you yourself don't like KYC and mind if the casino knows personal data because you want to gamble anonymously in a crypto casino.

Well, those people who blindly trust all the gambling sites with their KC data are doing a big mistake. Since their personal data have never been misused before, they do not know the consequences of it. I am not saying that anything bad may happen with them, but since they provide their KYC data to both reputed and non-reputed gambling sites, they are at high risk.

Will there be anyone who can say that his KYC data is not important and he can afford his data to be used in the black market? I guess no one will like this to happen.

I do think there has to be some sort of balance whenever you decide to submit your KYC documents in a given gambling website.

Of course, if a gambling website is relatively new on the market and it had no further advertisements, then think twice before submitting any KYC documents as you are susceptible for identity theft. But if you are gambling in a famous gambling website and it requires you to submit such documents, then feel free to do so due to the security that they have.

Even if a gambling website offers better bonuses and rewards, if their security fails in some point then you would suffer in the long-term with your identity and information being compromised.

R


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fullhdpixel
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April 01, 2023, 10:40:19 AM
 #123

Well, those people who blindly trust all the gambling sites with their KC data are doing a big mistake. Since their personal data have never been misused before, they do not know the consequences of it. I am not saying that anything bad may happen with them, but since they provide their KYC data to both reputed and non-reputed gambling sites, they are at high risk.

Will there be anyone who can say that his KYC data is not important and he can afford his data to be used in the black market? I guess no one will like this to happen.
It's not a mistake to give KYC to a trusted gambling site but there is still a risk because they can get hacked and the KYC will be stolen by the hackers. Your second sentence is true. I was careless enough about my KYC before but after researching more about it, I now understand the dangers that can happen to me once my KYC is compromised.

Now I am more careful and very picky if I will do a KYC or not. I just realized that the casino offered by the OP can also work as on chain. This is a good news for those who are looking for this type of betting. Now we know that not all of them have extinct. The only downside is that this casino only accept a few "not so known 'alts or tokens. It will be great if they can add more coins.

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ethereumhunter
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April 01, 2023, 12:28:12 PM
 #124

Well, those people who blindly trust all the gambling sites with their KC data are doing a big mistake. Since their personal data have never been misused before, they do not know the consequences of it. I am not saying that anything bad may happen with them, but since they provide their KYC data to both reputed and non-reputed gambling sites, they are at high risk.

Will there be anyone who can say that his KYC data is not important and he can afford his data to be used in the black market? I guess no one will like this to happen.
It's not a mistake to give KYC to a trusted gambling site but there is still a risk because they can get hacked and the KYC will be stolen by the hackers. Your second sentence is true. I was careless enough about my KYC before but after researching more about it, I now understand the dangers that can happen to me once my KYC is compromised.

Now I am more careful and very picky if I will do a KYC or not. I just realized that the casino offered by the OP can also work as on chain. This is a good news for those who are looking for this type of betting. Now we know that not all of them have extinct. The only downside is that this casino only accept a few "not so known 'alts or tokens. It will be great if they can add more coins.
That is why we must always be careful in providing personal data to any site, not just gambling sites, because we will not know whether the site can really protect the customer's personal data that has been given to them or whether their site can be penetrated by hackers so that hackers will also steal the data. But I still believe that there are still casinos that can protect these data properly even though there will be hackers trying to penetrate the site's security system. Apart from that, we still have casinos that don't implement KYC too strictly, so we are still free to play at these casinos without doing KYC. But we also have to follow their rules because usually, KYC will be applied to members who make deposits with large amounts of money or to new members who directly deposit large amounts of funds.

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slapper
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April 01, 2023, 01:57:12 PM
Last edit: July 19, 2023, 04:48:12 PM by slapper
 #125

~snip~

I do think there has to be some sort of balance whenever you decide to submit your KYC documents in a given gambling website.

Of course, if a gambling website is relatively new on the market and it had no further advertisements, then think twice before submitting any KYC documents as you are susceptible for identity theft. But if you are gambling in a famous gambling website and it requires you to submit such documents, then feel free to do so due to the security that they have.

Even if a gambling website offers better bonuses and rewards, if their security fails in some point then you would suffer in the long-term with your identity and information being compromised.
Is KYC necessary or optional? That is the question worth a million dollars. Perhaps not a million, but plenty to make a difference

It's not always a safe bet to share your KYC information with an online casino. Avoid the underground web at all costs. On the other hand, you're looking for a safe and reliable gaming platform to take use of all its features

Now, the question is, "What should you do?" Just apply some basic logic. Do not provide your Know Your Customer (KYC) details to an untrustworthy gaming website. However, you can rest certain that your personal information is safe in the hands of a well-known and trustworthy website

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noormcs5
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April 02, 2023, 11:40:32 PM
 #126

Well, those people who blindly trust all the gambling sites with their KC data are doing a big mistake. Since their personal data have never been misused before, they do not know the consequences of it. I am not saying that anything bad may happen with them, but since they provide their KYC data to both reputed and non-reputed gambling sites, they are at high risk.

Will there be anyone who can say that his KYC data is not important and he can afford his data to be used in the black market? I guess no one will like this to happen.
It's not a mistake to give KYC to a trusted gambling site but there is still a risk because they can get hacked and the KYC will be stolen by the hackers. Your second sentence is true. I was careless enough about my KYC before but after researching more about it, I now understand the dangers that can happen to me once my KYC is compromised.

Now I am more careful and very picky if I will do a KYC or not. I just realized that the casino offered by the OP can also work as on chain. This is a good news for those who are looking for this type of betting. Now we know that not all of them have extinct. The only downside is that this casino only accept a few "not so known 'alts or tokens. It will be great if they can add more coins.

We don't have a choice with KYC when it comes to both trusted and non trusted new casinos. In both cases ,the risks are there as even in an trusted casino the hacker can get all the KYC data even though in most cases hackers are more interest to get money rather than the data.

If we keep on thinking that we are doing KYC and our data may be leaked and not safe we will not enjoy gambling and will not attain peace of mind. We need to tell ourselves, that if we are to gamble, providing the KYC data is a must and there are no options to avoid it.

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April 02, 2023, 11:47:57 PM
 #127

Here, there's a lot of talks about KYC but I think that I'll just drop what the representative said about KYC matter if you ever win big and how they're verifying the age of their players.

The thread has been covered with new pages so I think others haven't seen it but they've got good answers from it and I guess everyone needs to see it.

Please find below the answers to some of the common questions:

1) If a player wins big, will the casino ask for KYC ?
Ans: Since Kryptogamers is primarily a non-custodial casino on Hive blockchain (HIVE offers free and instant transactions), all player's non-custodial winnings are transferred instantly and free of cost to the player's Hive wallet without requiring any kind of KYC whatsoever. It is not possible for us to ever ask for KYC for the non-custodial section because we are not in control of your Hive blockchain account and therefore cannot suspend or do anything about it.

2) Why is proof of age required if casino does not require KYC ?
Ans: Apart from the non-custodial section, we also have a custodial section of games for custodial wallet players who prefer better user experience and instant gameplays as each non-custodial game-result takes approx 3 seconds (which is Hive block time) while custodial game results are instant (<1 second). However, if you are playing custodial games, the proof-of-age and other documents maybe required only if the law enforcement requests come in for your specific account. Uptill now (4+ years), we have received only 1 request to suspend a custodial Hive account and that person had 0 balance in his wallet. Having said that, we are a privacy friendly casino since 4+ years and have never asked for KYC nor do we intend to ask for KYC unless absolutely required by law.

Hope this answers your major questions. Feel free to ask if you have any more questions.

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April 03, 2023, 02:08:11 AM
 #128

We don't have a choice with KYC when it comes to both trusted and non trusted new casinos. In both cases ,the risks are there as even in an trusted casino the hacker can get all the KYC data even though in most cases hackers are more interest to get money rather than the data.

Data = money. That's why every company is keen on harvesting user data. Even illegally attained data gets sold in dark web for thousands.

Quote
We need to tell ourselves, that if we are to gamble, providing the KYC data is a must and there are no options to avoid it.

Post you have commented to is no-kyc casino.

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April 03, 2023, 03:01:46 AM
 #129

Here, there's a lot of talks about KYC but I think that I'll just drop what the representative said about KYC matter if you ever win big and how they're verifying the age of their players.

The thread has been covered with new pages so I think others haven't seen it but they've got good answers from it and I guess everyone needs to see it.

Please find below the answers to some of the common questions:

1) If a player wins big, will the casino ask for KYC ?
Ans: Since Kryptogamers is primarily a non-custodial casino on Hive blockchain (HIVE offers free and instant transactions), all player's non-custodial winnings are transferred instantly and free of cost to the player's Hive wallet without requiring any kind of KYC whatsoever. It is not possible for us to ever ask for KYC for the non-custodial section because we are not in control of your Hive blockchain account and therefore cannot suspend or do anything about it.

2) Why is proof of age required if casino does not require KYC ?
Ans: Apart from the non-custodial section, we also have a custodial section of games for custodial wallet players who prefer better user experience and instant gameplays as each non-custodial game-result takes approx 3 seconds (which is Hive block time) while custodial game results are instant (<1 second). However, if you are playing custodial games, the proof-of-age and other documents maybe required only if the law enforcement requests come in for your specific account. Uptill now (4+ years), we have received only 1 request to suspend a custodial Hive account and that person had 0 balance in his wallet. Having said that, we are a privacy friendly casino since 4+ years and have never asked for KYC nor do we intend to ask for KYC unless absolutely required by law.

Hope this answers your major questions. Feel free to ask if you have any more questions.
this is a definite answer and I think there is no need to debate any issues related to KYC.
to be honest for this Kryptogame I can understand that the team might ask for KYC if it is really needed such as law enforcement is investigating a customer account and asked for KYC to verify the gambler's age.
and gamblers should also understand this situation because this has become part of the casino regulations which cannot be contested.

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April 03, 2023, 07:10:09 AM
 #130

 
So KYC is only harm and an extra trouble for any person.  
This is how I think.
Not all gamblers feel at a loss and get into trouble regarding a KYC.
There are some gamblers who actually don't mind and they easily provide KYC to the casinos they use because they believe the personal data that has been provided will not be misused.
There are also gamblers who don't bother looking for casinos without KYC that are trusted and can be relied upon, so they choose the most popular casinos with KYC to make it easier and faster to use casinos without having to think about it and reset before using the casino.
Maybe you can come to such a conclusion because you yourself don't like KYC and mind if the casino knows personal data because you want to gamble anonymously in a crypto casino.

Well, those people who blindly trust all the gambling sites with their KC data are doing a big mistake. Since their personal data have never been misused before, they do not know the consequences of it. I am not saying that anything bad may happen with them, but since they provide their KYC data to both reputed and non-reputed gambling sites, they are at high risk.

Will there be anyone who can say that his KYC data is not important and he can afford his data to be used in the black market? I guess no one will like this to happen.
You mean that they are gamblers who trust casinos that have KYC is a big mistake, is that right what you mean?
As long as you know, their friends are gamblers who trust and don't mind casinos with KYC, because they already trust and can trust the casino, that their personal identification data will not be misused.
Every gambler is free to make their own choices whether they want to use a non-KYC casino or a casino with KYC, that is their choice. In a matter like this, we cannot prohibit or tell them to have choices like us, and what we need to convey is only to suggest that they can be more be careful when choosing a casino.
In my opinion, when KYC is given to a big and trusted casino, it is impossible if the KYC data is sold on the black market because gamblers don't like KYC because they want to be in the gambling industry anonymously.

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April 03, 2023, 08:54:17 AM
 #131

You mean that they are gamblers who trust casinos that have KYC is a big mistake, is that right what you mean?
As long as you know, their friends are gamblers who trust and don't mind casinos with KYC, because they already trust and can trust the casino, that their personal identification data will not be misused.
Every gambler is free to make their own choices whether they want to use a non-KYC casino or a casino with KYC, that is their choice. In a matter like this, we cannot prohibit or tell them to have choices like us, and what we need to convey is only to suggest that they can be more be careful when choosing a casino.
In my opinion, when KYC is given to a big and trusted casino, it is impossible if the KYC data is sold on the black market because gamblers don't like KYC because they want to be in the gambling industry anonymously.
What's make it funny is the user wearing a casino which have mandatory KYC rule in their terms and he's saying like to avoid any KYC casino. It's mean he's not trust about the casino he promoted, if he think KYC casino is bad, why wear the signature and get paid by them? Tongue

KYC leak or sold aren't only because of submitting KYC on the casino, but if anyone ever submitted KYC on a centralized exchange, it also carry a same risk since both of them are online.

R


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April 03, 2023, 09:43:02 AM
 #132

KYC leak or sold aren't only because of submitting KYC on the casino, but if anyone ever submitted KYC on a centralized exchange, it also carry a same risk since both of them are online.
That's right friends, if you only think about fear about KYC leaks or sales, then not only casinos but centralized platforms such as crypto trading platforms also require KYC for each user so there is no need to blame casinos too much for abusing and selling KYC.
KYC is not a scary thing if you can have a sense of confidence and trust in a casino that has been given KYC verification, besides that casinos that implement KYC will always be the security of every data that has been provided by its users.
Gamblers who want to remain anonymous and don't want KYC I can understand and respect them but strangely there are some gamblers who have excessive thinking about KYC that makes them argue everything about KYC.

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April 05, 2023, 03:32:31 AM
 #133

-snip-
What's make it funny is the user wearing a casino which have mandatory KYC rule in their terms and he's saying like to avoid any KYC casino. It's mean he's not trust about the casino he promoted, if he think KYC casino is bad, why wear the signature and get paid by them? Tongue

KYC leak or sold aren't only because of submitting KYC on the casino, but if anyone ever submitted KYC on a centralized exchange, it also carry a same risk since both of them are online.
Yes, as you said, not only casinos but also centralized exchanges will provide the same risk where there will be opportunities for KYC leaks or sales.
But actually we can avoid KYC leaks and sales if we use a casino or exchange that is trusted and has a good reputation and in this forum there are some of the most popular big casinos with reliable and reputable criteria.
What I really regret is when someone says that he doesn't like KYC and debates the KYC issue which has no end until it gets prolonged, even though there is no need to debate the KYC issue because gamblers who want to use non KYC casinos or have KYC are their respective rights and that of us. can't equate them to be equal to us that can't be.

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April 05, 2023, 04:08:42 AM
 #134

1) If a player wins big, will the casino ask for KYC ?
Ans: Since Kryptogamers is primarily a non-custodial casino on Hive blockchain (HIVE offers free and instant transactions), all player's non-custodial winnings are transferred instantly and free of cost to the player's Hive wallet without requiring any kind of KYC whatsoever. It is not possible for us to ever ask for KYC for the non-custodial section because we are not in control of your Hive blockchain account and therefore cannot suspend or do anything about it.

this is a definite answer and I think there is no need to debate any issues related to KYC.
to be honest for this Kryptogame I can understand that the team might ask for KYC if it is really needed such as law enforcement is investigating a customer account and asked for KYC to verify the gambler's age.
and gamblers should also understand this situation because this has become part of the casino regulations which cannot be contested.

Read the bold part. Stick to non-custodial section and you won't ever have to go through kyc.


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April 05, 2023, 08:04:11 AM
 #135

Well, those people who blindly trust all the gambling sites with their KC data are doing a big mistake. Since their personal data have never been misused before, they do not know the consequences of it. I am not saying that anything bad may happen with them, but since they provide their KYC data to both reputed and non-reputed gambling sites, they are at high risk.

Will there be anyone who can say that his KYC data is not important and he can afford his data to be used in the black market? I guess no one will like this to happen.
It's not a mistake to give KYC to a trusted gambling site but there is still a risk because they can get hacked and the KYC will be stolen by the hackers. Your second sentence is true. I was careless enough about my KYC before but after researching more about it, I now understand the dangers that can happen to me once my KYC is compromised.

Now I am more careful and very picky if I will do a KYC or not. I just realized that the casino offered by the OP can also work as on chain. This is a good news for those who are looking for this type of betting. Now we know that not all of them have extinct. The only downside is that this casino only accept a few "not so known 'alts or tokens. It will be great if they can add more coins.
That is why we must always be careful in providing personal data to any site, not just gambling sites, because we will not know whether the site can really protect the customer's personal data that has been given to them or whether their site can be penetrated by hackers so that hackers will also steal the data. But I still believe that there are still casinos that can protect these data properly even though there will be hackers trying to penetrate the site's security system. Apart from that, we still have casinos that don't implement KYC too strictly, so we are still free to play at these casinos without doing KYC. But we also have to follow their rules because usually, KYC will be applied to members who make deposits with large amounts of money or to new members who directly deposit large amounts of funds.
Gambling in a casino that doesn't require KYC it will provide a certain comfort to anonymous gamblers like myself sometimes wanting to gamble in non KYC casinos.
But before making a deposit and making a bet, I will first read the casino rules to make sure you really don't ask for KYC in anything.
Because usually there are casinos that say in advertisements they don't ask for KYC when they want to bet. But when you look at the casino regulations, it says that you will be asked for KYC when you want to make a large deposit or withdrawal.
So this needs attention.

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April 05, 2023, 06:20:35 PM
 #136

~snip~
this is a definite answer and I think there is no need to debate any issues related to KYC.
to be honest for this Kryptogame I can understand that the team might ask for KYC if it is really needed such as law enforcement is investigating a customer account and asked for KYC to verify the gambler's age.
and gamblers should also understand this situation because this has become part of the casino regulations which cannot be contested.
That all sums up on what the owner of this casino thinks about KYC and that clears up any issues that's being discussed and that's why I did some time looking at it and it tends out that they've already it long time ago.

Every casino might really ask for KYC and whatever they say for now can also be a basis on actions that they might do in the near future. But like the usual, we all know that in terms of policies, there could be changes based on the policies that they also stick to be followed.

We're all flexible and adjustable into such and expecting it to be asked specially if you've been gambling for a long time already and had experienced before.

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April 07, 2023, 03:27:31 AM
 #137

The only peace of mind I have is that When my data is leaked in a casino, I don't think I'm in Danger, Because the thief's trip to my house would be much more expensive and as soon as he arrived, who knows if the same system would take care of Leaving it bad, and apart from the money that I have to lose is not much, it is actually insignificant if I compare it with the economy of Other players, this may not be an excuse to Give my data in Kyc for a site, but still I am not I agree , and not because I think of myself, I know that there are players who are whales and that if they can compromise their safety and that is something that I Would not like, in fact, if most people do well, at least I am happy.


Yeah same is the situation with me. I am from Pakistan and none of the online gambling casinos is owned or run by anyone in my country.
Now if i submit my KYC data in some online casino, and they misuse it, I would not be in any sort of danger as no one can harm me because of that. Also, i am not that important person that the world would need my KYC  Cheesy and more importantly I don't possess enough dollars that the global investigations firms come after me.

I think most people in the third-world countries would not care for the KYC data and it's more of the US, Eupore or the first-world countries users whose data may be valuable.

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April 11, 2023, 03:21:33 AM
 #138

Of course, no website is completely immune from hacking, am only disappointed that you guys are taking this as an excuse instead of looking elsewhere to the benefits of KYC.

If a website is new, my dear, you are talking 50/50 chance with them if they are without KYC. Because without it, it means they are not regulated. But you have higher rest of mind if they are truly regulated.
Excuse? Nonsense. 50/50 chance without KYC? More nonsense. I already specifically mentioned in my previous post that I have been gambling at several popular sites without providing KYC at any stage.

Also, no KYC requirement and features such as great offers, great customer support etc are what truly make crypto gambling sites popular. Think!
True,  KYC requirement doesn't guaranteed any form of regulation of any online casinos, there is no way a gambling platform will prove to users that they are regulated, many scam projects have stolen users KYC information and they don't know it, these criminals have other use for peoples identity.

At first, I always thought that KYC is the answer, the answer to fraud and other bullshits from platforms, later I found out that KYC requirement could be an idea to scare some people off after they win some money or they have other use for the information they acquired from people. 

Kyc can disguise himself in many ways, but obviously this came from a requirement of governments or government entities and it is something that he does not like to walk, however we as players sometimes understand that not even Casinio himself is to blame for things how the kyc is implemented, the licenses, the permits, everything requires documentation, and sometimes the jkyc disguises it by saying that it is a security measure so that at the time of a possible hack they can recover the person's funds, that is something that I don't conceive, because in crypto there should never be kyc, that goes against the natural laws of crypto.

KYC in crypto casinos is still the pros and cons to date. Indeed, the natural law of crypto is anonymous or it is not clear who owns it, but if I look at some of the cases that have occurred, I consider all of these problems.
indeed casinos shouldn't require KYC for their customers considering crypto is so anonymous. but if the casino doesn't ask for KYC, how can the casino detect customers using money laundering?
on the other hand licensed casinos already have agreements with licensing companies to require KYC from every customer.

maybe this is a little off topic but this is just a real example like the ChipMixer case which is currently being confiscated by the state because of a case where someone mixed bitcoin there even though the funds were the result of a money laundering crime. it is like when a person gambles in a casino using money laundering and if the police investigates the case the funds stop at that casino. wouldn't that also hurt the casino?
of all these problems it's up to everyone whether to do KYC or not because these are still pros and cons.


Indeed, things are like that, only that the money laundering that if you pay attention to is crypto, but why don't they do the studies on the governments of the nations? because those governments pay the authorities to let them, in fact, those who launder money the most are in fiat money and crypto is just one way to do it, so good things can be done, bad things are done and That is something that Cannot be controlled, you have to see it as a tool, where many can choose to see or how they are going to use it, that is why it would be very good if privacy was always respected, anonymity,never give kyc, but that is how something impossible.

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April 11, 2023, 04:07:52 AM
 #139

Indeed, things are like that, only that the money laundering that if you pay attention to is crypto, but why don't they do the studies on the governments of the nations? because those governments pay the authorities to let them, in fact, those who launder money the most are in fiat money and crypto is just one way to do it, so good things can be done, bad things are done and That is something that Cannot be controlled, you have to see it as a tool, where many can choose to see or how they are going to use it, that is why it would be very good if privacy was always respected, anonymity,never give kyc, but that is how something impossible.
Most money laundering is done with fiat and crypto, but those criminals who do money laundering prefer to use crypto because it is considered safer and less visible, so there are not a few cases of money laundering using crypto. Many governments always reinforce and enforce the law that applies that money laundering is prohibited, but they do not realize that most cases of money laundering are carried out by government officials also from money resulting from corruption or embezzlement.
Actually, I agree with KYC because it can minimize money laundering, it's just that all gamblers want to remain anonymous and reject KYC.
What I wonder when crypto gamblers balk at KYC at casinos do they also refuse KYC on crypto exchange platforms because almost all crypto exchange platforms require KYC and I'm sure crypto gamblers also use exchange platforms for their deposits or withdrawals.

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April 11, 2023, 08:05:05 AM
 #140

Indeed, things are like that, only that the money laundering that if you pay attention to is crypto, but why don't they do the studies on the governments of the nations? because those governments pay the authorities to let them, in fact, those who launder money the most are in fiat money and crypto is just one way to do it, so good things can be done, bad things are done and That is something that Cannot be controlled, you have to see it as a tool, where many can choose to see or how they are going to use it, that is why it would be very good if privacy was always respected, anonymity,never give kyc, but that is how something impossible.
Most money laundering is done with fiat and crypto, but those criminals who do money laundering prefer to use crypto because it is considered safer and less visible, so there are not a few cases of money laundering using crypto. Many governments always reinforce and enforce the law that applies that money laundering is prohibited, but they do not realize that most cases of money laundering are carried out by government officials also from money resulting from corruption or embezzlement.
Actually, I agree with KYC because it can minimize money laundering, it's just that all gamblers want to remain anonymous and reject KYC.
What I wonder when crypto gamblers balk at KYC at casinos do they also refuse KYC on crypto exchange platforms because almost all crypto exchange platforms require KYC and I'm sure crypto gamblers also use exchange platforms for their deposits or withdrawals.
Money laundering, that classic hobby of crooked politicians and shadowy figures, am I right? But did you know crypto's the latest money laundering hotspot? Yup, forget those cash-stuffed briefcases, it's all about the digital dough now. So here's the deal: KYC? Pretty solid at fighting money laundering. But why do gamblers cringe at dropping their cloak of anonymity? Scared of getting busted? Or just digging that James Bond vibe when placing bets?

And I agree with you. If you're gambling with crypto, odds are you're buying and selling tokens on an exchange. What's with the double standards? Is KYC cool only when it suits you? Or are you hiding some dirty secrets? Listen, I feel you, nobody loves being bossed around. But money laundering's no joke, folks. We've all got a role to play in stopping it. So next time you're itching to dodge KYC, remember: you might be feeding a much larger beast.

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