would you play more on casino when your country plans to ban BTC?

[YOSHIE]

while your country plans to ban crypto trading but online gambling legal, you'll gonna to decide what to do with coins.  would you go play your coins to accumulate or just withdraw and wait for the government to change stance?  no other option.

These are two problems that are difficult to accumulate and consider one legal and one more prohibited, this is a challenge and a hard blow for gamblers what else for those who are heavily addicted, really a difficult choice.

However, if these two things happen, of course there must be other alternatives, of course the gambling industry will not remain silent, they will switch to fiat withdrawal and deposit methods, if crypto really has no solution to be traded again on exchanges or in gambling, of course we are still gambling using fiat, gambling without crypto.

Another solution, maybe we can ask for help from friends who are in countries where crypto and gambling are legal, to place bets at crypto casinos, because crypto and fiat can still be used through visas and so on, in short using third parties, friends who can be trusted, to gamble, friends send crypto to casino accounts, we send fiat to friends accounts, bet fixed.

[SamReomo]

while your country plans to ban crypto trading but online gambling legal, you'll gonna to decide what to do with coins.  would you go play your coins to accumulate or just withdraw and wait for the government to change stance?  no other option.

If for any reason my country decides to ban crypto trading, I would withdraw my Bitcoin into my own wallet rather than gambling with those. I would spend few of them for gambling once in a while, but I won't risk all of them for gambling purposes. Although, gambling with crypto-currencies isn't a bad thing for those who have control over their emotions and earn more than losing, but I prefer to save mine in a wallet.

I'll hold my coins for longer period if the ban remains and once the ban is left I will exchange some of my Bitcoins into stable-coins and restart trading with those coins. I always prefer to trade with a stable-coin/BTC, because that way have been profitable for me. I will continue my trading in same way after the ban timing is over and my country where I resides allows trading of Bitcoin and crypto-currencies once again.

[Cantsay]

while your country plans to ban crypto trading but online gambling legal, you'll gonna to decide what to do with coins.  would you go play your coins to accumulate or just withdraw and wait for the government to change stance?  no other option.

If something like this should happen in my country it would be a cue for me to say bye-bye to gambling.

I'm not sure in situations like this the casino would most likely implement the use credit/debit card deposit and would make KYC mandatory and might likely put a warning in their ToS concerning users from that crypto-banned country not to make use of crypto as a means of deposit. This is only if gambling activities are being monitored in that country.

But in reality, it's almost impossible to ban the use of crypto in a country because there will always be means in which citizens will get access to crypto and since they can access it it will be very easy to use in their gambling account. We have non-custodial wallet, we have exchanges that don't require KYC verification before you can use their P2P services, as long as you can get you coin into your wallet the reast would be easy-peasy.

[Gozie51]

while your country plans to ban crypto trading but online gambling legal, you'll gonna to decide what to do with coins.  would you go play your coins to accumulate or just withdraw and wait for the government to change stance?  no other option.

These two are different, I mean crypto trading and online gambling. So you see different people involve in them differently and some people involve in both. For example if you are a trader, you may not know about online trading or you know both, so base on your question if I'm a trader and government plans to ban it then I will withdraw my coins from whatever exchange to my personal wallet and sell either through P2P or I can sell directly on the exchange, covert to local currency. But if I gamble online then it is easier, I can focus on online gambling and continue gambling since it is legal.

[Cling18]

while your country plans to ban crypto trading but online gambling legal, you'll gonna to decide what to do with coins.  would you go play your coins to accumulate or just withdraw and wait for the government to change stance?  no other option.

In the event that Bitcoin becomes illegal in my country, I will be selling all of my Bitcoin holdings and temporarily moving them into a more secure asset. While I await the verdict, I will only use just a portion of it to gamble and trade. I'll continue to take the risk if I can find another way to make use of Bitcoin freely in the event that the ban is enacted, just like other nations that have faced bans but still managed to find a way to use it.
However, I still believe that Bitcoin will always be supported and continuously being adapted in our country so we're far from this struggle and that's what I'm grateful about. That's also the reason why it's a good thing that we're embracing good opportunities that Bitcoin could offer here.

[Doell]

while your country plans to ban crypto trading but online gambling legal, you'll gonna to decide what to do with coins.  would you go play your coins to accumulate or just withdraw and wait for the government to change stance?  no other option.

I'll do both, save in my wallet and also play on casino, of course with a little coins that I can afford to lose. If I'm lucky to win, it's definitely better for me. But it seems like this will not happen in my country, if that happens too we definitely have other alternatives option to trading. After all, if there is no other alternative, a trader wouldn't risk losing money in a casino, so they would keep it in their wallet until the government changed stance.

[Dr.Bitcoin_Strange]

 would you go play your coins to accumulate or just withdraw and wait for the government to change stance? 

well, just as Oshosondy has said. The answer is no. Why would I wait for the government to unban the coin before I could bet with it? What if the ban is not lifted for many years? If I have my Bitcoin stored in a personal custodial wallet, then I can deposit to the casino and also withdraw from there, and no one will question me because Bitcoin is decentralized, and no one will even know it was me that carried out the transaction unless it was someone that went through my phone or PC. Even if the government places a ban on Bitcoin in my country, I know there are people who will still be doing Bitcoin transactions via P2P, and the government wouldn't notice it.

[lionheart78]

I only send cryptocurrency funds to online casinos.  I don't want my bank account to be connected to any gambling platform so if in case my country decided to ban BTC then I would have to bid farewell to my online gambling activities.

If in turn of events, the government decided to unban BTC then that would be the time to resume my gambling ventures.  I don't want to bypass the law in order to satisfy my gambling habit.  At the end of the day no matter how we despise some laws implemented by the government we can't do anything but follow the regulation to avoid problems in the future.

[Finestream]

There's no big deal here I would withdrawal all my BTC to a reliable crypto wallet than just sending all to gambling site which I know during withdrawal I might still face another issues. There's no casino or gambling site that are all 100 percent trusted they had some complaint in one way or the other so I decide to store my bitcoin to a personal wallet, if worse come to worst I use p2p to sell off my bitcoin. Maybe I might send settle amount there for just gambling sake but not because bitcoin wanna be ban.

True. Gambling with your hard-earned bitcoin does not guarantee that you’ll earn more bitcoin, instead you will have more chances to lose them than to grow your account. So I also think it’s better to withdraw your bitcoin and transfer it into a non-custodial wallet, that way you can provide full security of your coins. However, if you wish to gamble with bitcoin, it maybe fine enough as long as you only gamble a very small portion of bitcoin that you can easily manage to lose. If you’re not comfortable with it, then just keep your bitcoin for long term.

[goaldigger]

while your country plans to ban crypto trading but online gambling legal, you'll gonna to decide what to do with coins.  would you go play your coins to accumulate or just withdraw and wait for the government to change stance?  no other option.

There should be an option to hold since you can spend your crypto outside your country and that is the best option for your crypto. If the your government is restricting you already, then its better not to spend it and just wait for the market to survive and wait for your government to change its ruling. Gambling is not guaranteed and I don’t want to spend most of my crypto in gambling, its better to wait because crypto will soon prevail and every government will have no more choice but to accept it.

[Rengga Jati]

If they manage to ban crypto trading, does that mean they can find out and ban our assets on global exchanges? Whereas currently there are many global exchanges that we can use for transactions, there is also P2P so that we can withdraw our crypto results to fiat. So it doesn't seem like much of a problem as long as we can do a few things.

Whereas in gambling, if it's an online casino and they accept crypto, that's fine too, right? Just keep our secrecy regarding crypto, and don't need to tell anyone to make it safer. This might be my choice instead of me having to sell all Bitcoin right away.

[DoublerHunter]

while your country plans to ban crypto trading but online gambling legal, you'll gonna to decide what to do with coins.  would you go play your coins to accumulate or just withdraw and wait for the government to change stance?  no other option.

There should be an option to hold since you can spend your crypto outside your country and that is the best option for your crypto. If the your government is restricting you already, then its better not to spend it and just wait for the market to survive and wait for your government to change its ruling. Gambling is not guaranteed and I don’t want to spend most of my crypto in gambling, its better to wait because crypto will soon prevail and every government will have no more choice but to accept it.

^ Definitely right and additionally, it could be your BTC trap on the gambling casino wallet when they will force to close by the government.
In situations like these, it is important to stay updated on the specific regulations and laws that apply in your country. If online gambling with cryptocurrencies becomes restricted or prohibited, it may limit your options for using BTC specifically. You may need to explore alternative methods or platforms for your gambling activities. Because everything is risky when you mix the centralized and decentralized platforms, unless you are using a decentralized gambling casino.

[pawel7777]

This scenario (the proposed options) doesn't make much sense.
Either way, we would have to wait for the government to change its stance, i.e. why "gamble to accumulate" if you can't ever cash out?
So this question can be really simplified to something like: "Are you willing to gamble with (all) your crypto?"

I'd say: Nope (unless with small amounts).

[uneng]

while your country plans to ban crypto trading but online gambling legal, you'll gonna to decide what to do with coins.  would you go play your coins to accumulate or just withdraw and wait for the government to change stance?  no other option.

I'll do both, save in my wallet and also play on casino, of course with a little coins that I can afford to lose. If I'm lucky to win, it's definitely better for me. But it seems like this will not happen in my country, if that happens too we definitely have other alternatives option to trading. After all, if there is no other alternative, a trader wouldn't risk losing money in a casino, so they would keep it in their wallet until the government changed stance.

That is right. You don't need to stop your BTC investments and trading due to a government ban. There are alternatives which allow you to continue your operations. Anyway, it would be really strange if a government allowed crypto gambling, while censoring crypto trading, because after all crypto enthusiasts would find a way to use gambling platforms to trade crypto for fiat and vice-versa, taking advantage of the market's fluctuations (buying low, selling high).

[Vaskiy]

Gambling is secondary. Before the ban I'll move the funds from the gambling platform to a non custodial wallet. This gives complete control over the funds. Later even if the country ban the usage of cryptocurrency I'll go to the nearby country and cash it out. I've read similar incidents with some people, that they went to the nearby crypto friendly country to make use of their holdings.

[Strongkored]

while your country plans to ban crypto trading but online gambling legal, you'll gonna to decide what to do with coins.  would you go play your coins to accumulate or just withdraw and wait for the government to change stance?  no other option.

I would prefer to sell 50% of it before it is completely banned and the rest will be used to gamble in online casinos, and I think even though the country where we live bans crypto and crypto trading but it will not completely ban us from owning crypto, because the advantage of crypto is freedom where we can still transact as long as we have an internet connection, and I think the government will be more inclined to ban gambling than trading or even they will ban both because they think both are the same and that means they ban crypto as a whole, but there will be no rules that can completely prohibit citizens from transacting in crypto.

[harizen]

while your country plans to ban crypto trading but online gambling legal, you'll gonna to decide what to do with coins.  would you go play your coins to accumulate or just withdraw and wait for the government to change stance?  no other option.

There are alternatives if I really want to continue the use of crypto for my gambling although I should understand the risks as it's now illegal.

It's hard to adjust that suddenly I will stop using crypto when our country is crypto-friendly since the inception of bitcoin, especially in my gambling activity. If there's really no way to use crypto or the law is really strict about using it, no choice but to gamble with fiat as what else I can do?

But for now, I don't really know what will be my approach if that's the actual situation here since I never really imagined my country will ban crypto.

[bittraffic]

The poll has very fair result though. 12 votes for yes and no which also means there are just 24 users who participated the votes and it doesn't represent the community.

I may really gamble more if this also happen in my country, its a hopelss situation unless you trade on dex. Theres not much on dex for now even after decade of crypto existence.

[traderethereum]

I'd rather not use that coin to gamble because I don't see that I have a big chance of winning a lot.
I prefer to move my coins elsewhere, store them, and wait for the next government regulations because who knows if the government will allow crypto trading again.
Using coins to gamble won't give good results, but some people may try it anyway because they feel they have good luck.
But hopefully, those who think like that will be wise because gambling is not a place to earn money.

[Doan9269]

while your country plans to ban crypto trading but online gambling legal, you'll gonna to decide what to do with coins.  would you go play your coins to accumulate or just withdraw and wait for the government to change stance?  no other option.

In the event that Bitcoin becomes illegal in my country, I will be selling all of my Bitcoin holdings and temporarily moving them into a more secure asset. While I await the verdict, I will only use just a portion of it to gamble and trade. I'll continue to take the risk if I can find another way to make use of Bitcoin freely in the event that the ban is enacted, just like other nations that have faced bans but still managed to find a way to use it.
However, I still believe that Bitcoin will always be supported and continuously being adapted in our country so we're far from this struggle and that's what I'm grateful about. That's also the reason why it's a good thing that we're embracing good opportunities that Bitcoin could offer here.

But in your case, don't you think that selling your bitcoin asset by diverting them into other form of asset doesn't deny you of enjoying the independent nature bitcoin has brought and the profitabilities you may stand to gain with your assets you hodl, if i may be oppotuned to suggest you, i will give it an opinion for you to consider a change in location from the country to another if possible, why i said so is because your country will never ve responsible for your failure in business and economy progress, you will always find yourself being.