Why gambling and mixing called bad actors in bitcoin

[Agbe]

From my experience and observations, I noticed both Bitcoin mixing and online gambling using Bitcoin are mostly regarded as bad actors in Bitcoin despite both being the highest Bitcoin adopters and having the largest Bitcoin volume in transactions and services.
Secondly, if Gambling and Bitcoin mixing services are called bad actors, what about centralized exchanges are they also perceived as bad actors in Bitcoin?

This is what has been said again. People accused or call it bad name because of their selfish interest. But I believe nobody that has come here in the forum will still have that mentality again. As it is now in the whole world, there are two major actors in economics perception. The pro-government and the pro bitcoin. The pro government are the people who see bitcoin as a bad actor while the pro bitcoin also see the government their enemy in progress. But the exchange are not bad actors but they are mediators between the government and the nbitcoiners.

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[bayu7adi]

Secondly, if Gambling and Bitcoin mixing services are called bad actors

The one who accuses mixing and gambling as "bad actors" is simply someone who dislikes Bitcoin.

The mixing service is actually very useful for people to remain anonymous regarding their ownership of crypto assets. It makes it untraceable, thus ensuring that one's personal assets are safer from both cyber threats and serious physical threats. In my opinion, the government will be disadvantaged by the existence of Bitcoin mixing because they cannot accurately trace the assets of their citizens. Unhealthy competition is beginning to arise, as the government uses its power to try and dismantle the mixing industry by framing it in popular media.

Meanwhile, I find that gambling with Bitcoin is more comfortable than gambling in person at a casino. Perhaps the gambling industry feels threatened and is also framing the use of Bitcoin for gambling as "bad actors."

[Gozie51]

I noticed both Bitcoin mixing and online gambling using Bitcoin are mostly regarded as bad actors

This is simply a question of morality and not legality. For gambling yes in the distant past it was perceived by different jurisdiction to be an activity for people who are not able to find jobs to engage themselves, feed their families. It was peculiar classification of unemployed people, better definition for laziness and those looking for easy virtue. Back then the above description is the way African society see gambling and gamblers, a terrain for unsuccessful people, drunks and unuseful hands.

Also, you already understand what bitcoin mixer is. When a mixer company receive bitcoin from different people and utters or mixes them so that the original traceable identity will be lost and you can't trace the wallet where it was sent out from or whatever quantity sent or to be delivered afterwards. You see by simple understanding, it appears as if it is an illicit act but the debate about mixers is on the intent but not really on the process, the intent of which is to maintain the decentralized operations of bitcoin. So you now see different understanding and government alleging money laundering, drug paddling and other nefarious activities against bitcoin mixing. This is the background understanding of the reason associated with gambling and bitcoin mixing as bad actors but IMO, it all depends on the intent for mixing which I believe is for freedom exclusion of third party and the reason for gambling rate apart from fun is decrease in access to job.

So if you agree with this mundane analysis, you would understand why they are being associated as bad actors because if you look through the mirror of morality then you could see those vices.

Secondly, if Gambling and Bitcoin mixing services are called bad actors, what about centralized exchanges are they also perceived as bad actors in Bitcoin?

Exchanges scamming investors who innocently hodl coins with them should be considered as such. They are bad actors because they discourage people from investing and growing bitcoin. The law should be implemented against them however, it is better to invest wisely, not your key not your coins.

[maydna]

I think it's because perhaps, some bad actors use bitcoins to launder their money in casinos so they are not detected in doing money laundering. After all, when they buy bitcoins on the black market, they transfer the money to the seller and the seller either sends the bitcoins to another wallet or sends them directly to a bitcoin mixer. So perhaps, that's why bitcoin mixers are often seen as providing money laundering services when they are not.

Bitcoin mixing is like a double-edged sword that can be used for good and bad, depending on the person using it. So actually, what to chase are bad people who use bitcoin mixing for bad things but it won't be easy to trace them because they are also smart in hiding everything.

[Ojima-ojo]

This can of mindset is rubbish and should be discarded just as you rightly said,  gambling and mixing services are the biggest adoptors and that is correct, and you have made the right choice to ask thos questions for clarification and with the numerous replies you got from this thread you should be ok with them already.

But just to serve as a head up for your ops, you shouldn't worry about what is called bad actors or not but in due time you will realize that the gambling industry most especially is the biggest adopter of Bitcoin and also Bitcoin mixing is one of the most used for mixing services.

[Hispo]

It is kind of a mixture of hypocrisy and the stigma which is left from the earlier days of Bitcoin, when it was regarded as a tool which was only useful for criminals and money launderers.

The fact is that Bitcoin and the people behind this new kind of money did not invent either gambling or money fungibility. Gambling is almost as old as humanity itself and if someone tells you that Bitcoin gambling is bad, then you should ask them back what they think of casinos in real life and whether if they are against people having freedom on what to do with their own hard-earned money.

On mixing, one must wonder if every time to go to the store to buy a candy and pay with a bill, the vendor would ask you about the entire history of the bill from its printing years ago until the day you got it to pay for candy. Even though you are not a criminal but rather the most honest person in your city 

They are trying to associate Bitcoin to alleged problems which already were around before computers were even conceived.

[suzanne5223]

Gambling and crypto mixing are constantly considered bad actors in the crypto space because of there disadvantages that most people focus on and the historical aspect of what has happened which is associated with gambling and crypto mixing with illegal or unethical activities.
From my own understanding, gambling is not considered a bad actor only in the crypto space it was also considered a bad actor in real life due to religion believe, people's personal understanding, and experience. Nevertheless, the bad actor of gambling mostly occurs through abuse and uncontrol of buzz which usually lead to addiction, debt, and possible fraud problem. It is also possible for gamblers to misuse their fiat or cryptocurrency to trigger their addiction which will technically lead to significant financial losses.

Crypto mixing or tumbling is something that involves the provision of privacy in the cryptocurrency space and the FinCen recognized and welcomes it. However, people see it as a bad actor due to some people use it to facilitate money laundering and other illegal activities.

[The Cryptovator]

Everyone has their own perspective on the use of Bitcoin mixers and gambling. While some law enforcement agencies dislike mixers as they can be used by money launderers and hackers, many people also have a negative view of gambling due to its addictive nature. It's relatively easy for gamblers to use Bitcoin to gamble, which is why Bitcoin gambling is often associated with bad actors. However, even if Bitcoin gambling didn't exist, there are plenty of fiat payment systems that gamblers could use, so it's not fair to attribute all bad behavior to Bitcoin gambling alone.

[cafter]

bitcoin is different. bitcoins risk management is different. avoid putting funds into third parties promising riches
i can guarantee you no one went from rags to lambos via gambling

one person gone from money worth buying a shirt(around $25) to buying a lambo, through his discipline.
first he losed most of his saving gambling emotionally  then figured out a way to profit from it, simple strategy make reasonable amount in a day and end the gambling session on losing day.
but to do that need discipline to stop.

maybe small or new exchanges can be bad actors,
but exchanges are very helpful to buy bitcoin and they have high liquidity. keeping crypto on exchanges for long time is not good.

[teosanru]

From my experience and observations, I noticed both Bitcoin mixing and online gambling using Bitcoin are mostly regarded as bad actors in Bitcoin despite both being the highest Bitcoin adopters and having the largest Bitcoin volume in transactions and services.
Secondly, if Gambling and Bitcoin mixing services are called bad actors, what about centralized exchanges are they also perceived as bad actors in Bitcoin?

Mixing is not an "adopter". It's an activity done to hide the trail of transactions. Yes gambling can be told as number 1 activity done using bitcoin and it's bad because of general nature of gambling itself, it has nothing to do with bitcoin specifically. Talking about centralized exchanges, the difference is that centralized exchanges are not created for the sole purpose of mixing Bitcoins, also i believe they keep a complete trail of how money is moving around, so traceability is obviously not erased in such cases. I assume the mixers delete this history as well.

[Silberman]

From my experience and observations, I noticed both Bitcoin mixing and online gambling using Bitcoin are mostly regarded as bad actors in Bitcoin despite both being the highest Bitcoin adopters and having the largest Bitcoin volume in transactions and services.
Secondly, if Gambling and Bitcoin mixing services are called bad actors, what about centralized exchanges are they also perceived as bad actors in Bitcoin?

You are taking the point of view of the governments and not the one from the community, casinos and exchanges are widely regarded as two of the most important industries on this market, and as long as they have their papers in order I do not think there is any kind of controversy when it comes to their services, mixers on the other hand provoke different reactions, with some being in favor of them as they increase our privacy while some may be against them as they could help some criminals to get away with their crimes.

[death69]

Bitcoin mixing and online gambling have been given the stink eye in the crypto 'hood. True, they've got ties to shady dealings and sketchy conduct, but I'd argue it's mostly 'cause peeps lack the information on these services. Take Bitcoin mixing, a wicked tool for upping privacy and security in cyberspace. Scrambling transactions and making the blockchain go incognito, mixers thwart Big Brother and cyber baddies, adding a shield against their prying eyes.

And let's gab about online gambling, a legit, wicked fun way to blow off steam, if you play it cool and use a safety net. Plus, it's a boss force for spreading Bitcoin love and keeping the dough flowing in the ecosystem. So, I get why peeps might give 'em the side-eye, but we need to dial up the nuance and knowledge. By recognizing the pros and cons, we can have a smarter chitchat about their place in the Bitcoin universe. Suit up!

[franky1]

On mixing, one must wonder if every time to go to the store to buy a candy and pay with a bill, the vendor would ask you about the entire history of the bill from its printing years ago until the day you got it to pay for candy. Even though you are not a criminal but rather the most honest person in your city  

again as said in many topics about mixing. people forget that regulations are real ,. READ THEM and learn

its not about the fud of simple buy a candy bar and be treated as a criminal if you cant prove provenance of funds

its about a % risk where there are thresholds

if a kid handed a $100 for a 99cent candy bar asking for $99.01 in change THEN the store would question the $100 bank note and double check its not a counterfeit
if the kid handed a $1 bill the cashier wont care and just give the kid the candy and 1 cent without thinking twice about it

and yes in drug infested cities of street dealing kids, candy stores do raise their eyebrows when they see gold bling wearing teens hand out $100 bill like confetti
and thats even for candy stores not regulated to KYC customers. shop keepers till get suspicious. they accept it but they do get suspicious about the $100 bank notes and the shop keeper then keeps an eye on that customer if they are a regular and start to ask about their life because its out of the ordinary

i do laugh that the quoted person wanted to compare mixers to candy stores... but oh well

with exchanges its the same your given a risk rating.
if all your deposits are all mixed sourced then you have a higher risk rating than someone that does not use a mixer
meet a threshold and they start to look closer at you

deposit $10. dont worry.. however deposit $1k-$10k-$100k, then expect to be on a watch list with more involved investigation reporting the higher the risk/amount is
government, regulators and authorities dont chase after criminals or suspects over $1-$10. they want the big fish

[romero121]

Just because the transaction can't be traced people term it to be bad. Mixing service were used for illegal transaction and for tax evasion and other benefits. This could give a negative impression over bitcoin and not everyone have such thoughts. These are people who already have negative thinking over bitcoin as a bad thing.

When it comes to gambling, there is a misunderstanding bitcoin is developed for gambling and for illegal needs. In the early days the gambling platforms have helped much in the growth of bitcoin. Now scenario is different and people use for different needs. Even now relating it with gambling is not fair. People should understand how big is the market and what part gambling holds.

[Fatunad]

From my experience and observations, I noticed both Bitcoin mixing and online gambling using Bitcoin are mostly regarded as bad actors in Bitcoin despite both being the highest Bitcoin adopters and having the largest Bitcoin volume in transactions and services.
Secondly, if Gambling and Bitcoin mixing services are called bad actors, what about centralized exchanges are they also perceived as bad actors in Bitcoin?

Even on fiat world on which gambling does really have that bad image and this would pertains or in connection with addiction which is something that been highly frowned upon which it isnt something new nor shocking.
As for mixing then expect that government would be always focusing about that money laundering thing which its no surprise but if we do look up closely on what are the things around then fiat is mainly been used
with these transactions and they are really just diverting the attention just because they do simply hate it on the first place.This is why as an enthusiast then you would be calling these things as bullshit reasoning
without even trying out to focus on what they are gonna supposed to do and minding their own business. No matter how bad it would be looking but still people on the community and its supporters do really look the
opposite and this is why we do see on how it did able to sustain after a decades time. This is why government is really that too negative and keeps on sharing up that bad image about it.

[franky1]

Bitcoin mixing and online gambling have been given the stink eye in the crypto 'hood. True, they've got ties to shady dealings and sketchy conduct, but I'd argue it's mostly 'cause peeps lack the information on these services. Take Bitcoin mixing, a wicked tool for upping privacy and security in cyberspace. Scrambling transactions and making the blockchain go incognito, mixers thwart Big Brother and cyber baddies, adding a shield against their prying eyes.

they dont though
by simply using mixers. gets you highlighted

real the regulations and polices of financial businesses. realise mixers dont hide you but get you put into the sights of overwatch

ok imagine this simple thing
imagine a busy street with people walking up and down sidewalks going about with their day. then there are 2 guys with suitcases.
one guy just goes about his business as usual another guy has been instructed to run behind bushes, stay in the shadows. duck behind cars.

now guess what.. everyone on same sidewalk will think thats silly movement is the odd behaviour
yep the one trying to hide is the one that stands out

now the guy trying to hide has many people looking at him wondering what peculiar movements he is doing. now they are curious wondering what he is upto

yep by actually trying to hide gets you noticed.

understand that fact of life.

putting aside the other silly bad PR campaigns of mixers. and whos pushing them hard. just using a mixer creates a red flag when using financial services.

[blue Snow]

From my experience and observations, I noticed both Bitcoin mixing and online gambling using Bitcoin are mostly regarded as bad actors in Bitcoin despite both being the highest Bitcoin adopters and having the largest Bitcoin volume in transactions and services.

Lucky me, I never heard that both as bad actors. Until today, I just heard that Bitcoin is very useful to hide your privacy and wealth from curious people, so that situation that makes your life is saved from criminals who want to know how much your treasure is. So, maybe because you know that both from the forum or social media only who always spread FUD everywhere. because when you know how helpful Bitcoin safe your privacy and wealth than another platform like a bank, I really sure you will exchange all your investments to bitcoin.

[Reatim]

what I see here is depending on whom who are looking and calling it such ,

There are reputation about Mixing site that had been questioned as they are being used to be a cause of money laundering , but that is the other part and what we are not discussing about how the mixing site helping us to be safer as we are not being exposed .

so all in all? it is not about being bad actor but about the good one.


also in Gambling site , it has been an old call because now? each site required their players to wager first and some are even bigger that the launderer will consider this as risk ,
so the winner will be the site than that who wanted to launder .

[CryptSafe]

From my experience and observations, I noticed both Bitcoin mixing and online gambling using Bitcoin are mostly regarded as bad actors in Bitcoin despite both being the highest Bitcoin adopters and having the largest Bitcoin volume in transactions and services.
Secondly, if Gambling and Bitcoin mixing services are called bad actors, what about centralized exchanges are they also perceived as bad actors in Bitcoin? Naeeo

I would say this that the CEX are crypto regulatory   arm of  government and the government discreetly use it to get at individuals and government officials who goes against her policies. Centralized exchange as the name implies only shows you that they are the government puppets to fight against perceived  oppositions into cryptocurrency. The centralized exchange steal your identity to supply  the government upon any request  and possible placement.

[airbin]

Using Bitcoin is frowned upon, so we are all bad actors! it's just a circumstantial fact.