Casino vs. Stoc,Forex&Crypto Broker: Who's Really Playing You in the Money Game

[delfastTions]

With respect to the casino, well, it is something else, now what is most difficult and difficult is that when you have to do something you must always comply with the KYC requirements and that is already in all the casinos, the one that had the least problem was freebitco.in , but at this point they are already asking for KYC, which seems very bad to me, and it is a shame because this platform for me was the best Everywhere and now with this, they fall into the worst of the rest, it gives a I'm a bit angry that they become like this , but that's life , Everyone is already Falling into stupid regulations that aren't even worth mentioning , for that reason I in the casinos Recommend to everyone that I can grab almost anything that is Reliable, of high Reputation who have children who are still reliable and who do not let themselves fall into new casinos who don't even Know Anything.

All these endless KYC identity verifications are definitely evil for players in crypto casinos and it is obvious that they piss players off all the time. 
Especially when this happens unexpectedly and you are unable to get your winnings that you need.  Well, such a disgrace as waiting 3 months for the transfer of money honestly earned by a player and also endlessly sending scans of some documents to some casino that is not at all authorized by state authorities, which actually violates laws on personal data - this  already the height of cynicism and self-will.  And this is naturally a violation of one of the fundamental human rights under international law. 

It would be great if in the USA there was a grokup of serious lawyers who, through the courts, would create a precedent for illegality and KYC requirements in specific cases and would judge a person’s right to remain anonymous when playing in a casino. 
Let's hope that this will happen in the foreseeable future.

It seems to me that this measure is not just coming from the US government, but rather coming from many countries, as in cases of increasing terrorism in the world, the governments of first world countries have started to put tough KYC measures, but this measure is still it did not affect the cryptocurrency market, this is because the cryptocurrency market is not a regulated market, there are no laws on cryptocurrencies, the US governments, like many governments, accept that their citizens use cryptocurrencies, but these governments have not yet made laws on cryptocurrencies. but as this market started to move a lot of money and unfortunately, many large mixer sites began to appear that were involved in serious crimes

Everything that you wrote, of course, takes place in the real world and the regulation of cryptocurrencies will probably be done at the legislative level, first in the USA, and then, as I think, by analogy with the legislation of the USA and similar laws in other countries.  In this regulation of cryptocurrencies, it is important to maintain at least partial possibility of anonymous payments, which is an integral property and advantage of cryptocurrencies.  But only so that law-abiding citizens can do this.  Nor could criminals do it.  This is an insoluble issue in practice; it seems to me that it is extremely difficult to find a compromise, and legislators simply don’t even seem to know how to solve it optimally.  A nd by introducing KYC everywhere, they of course destroy anonymity.  And along with the criminals who will be prevented from transferring money, ordinary, good citizens, for whom it is important to remain anonymous in some payment matters, will also suffer.  I believe that completely eliminating anonymity with laws and making almost banking transparency in crypto-payments is wrong, I hope the bill will take into account the public need for anonymous and legal payments.  And somehow they will filter out the possibilities of crimin al use of cryptocurrencies.

[Synchronice]

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret. We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

Bitcoin brokers, aka Bitcoin exchanges are carrying a huge responsibility over their funds because once your bitcoins are gone, they are gone forever and you can't fix that. From one side, it looks like they make money out of thin air by taking a fee from each of your trade and that's true, they charge a lot but at the same time if we keep in mind the leverage trading, crypto exchanges risk here too since they are the liquidity providers. If many people open a long position on futures with high leverage and profit, exchange has to pay for their winnings.

[mak013]

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret. We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

Bitcoin brokers, aka Bitcoin exchanges are carrying a huge responsibility over their funds because once your bitcoins are gone, they are gone forever and you can't fix that. From one side, it looks like they make money out of thin air by taking a fee from each of your trade and that's true, they charge a lot but at the same time if we keep in mind the leverage trading, crypto exchanges risk here too since they are the liquidity providers. If many people open a long position on futures with high leverage and profit, exchange has to pay for their winnings.

If we are talking about exchanges, who really works with market - they has no risk with leverage. If the trade loses - they close his position. If the trader wins - they don`t pay their own money - they get it from the market. But if some exchange make fake deals with their own money - you are right and they can lose all their money. But mostly in such situation we here that this exchange is "bankrupt" or, if we are talking about cryptocurrency exchanges - "the hackers steal the money".

[bitbollo]

It's no secret that many financial trading sites are more like casinos than real financial platform.
and it is also true that thanks to commissions they always earn from the market trend...they have also pushed boundaries with trading leverage and so on...

we live in a "monopoly of free choice" everyone chooses the service that satisfies them most or that in general offers fewer mysteries... unfortunately it is part of the business...

[Synchronice]

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret. We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

Bitcoin brokers, aka Bitcoin exchanges are carrying a huge responsibility over their funds because once your bitcoins are gone, they are gone forever and you can't fix that. From one side, it looks like they make money out of thin air by taking a fee from each of your trade and that's true, they charge a lot but at the same time if we keep in mind the leverage trading, crypto exchanges risk here too since they are the liquidity providers. If many people open a long position on futures with high leverage and profit, exchange has to pay for their winnings.

If we are talking about exchanges, who really works with market - they has no risk with leverage. If the trade loses - they close his position. If the trader wins - they don`t pay their own money - they get it from the market. But if some exchange make fake deals with their own money - you are right and they can lose all their money. But mostly in such situation we here that this exchange is "bankrupt" or, if we are talking about cryptocurrency exchanges - "the hackers steal the money".

Do you remember Terra Luna collapse? Exchanges hold some reserves of every listed coin. These coins were very popular and exchanges lost millions of dollars after its collapse. So, this is not a zero risk business.
Let's talk about leverage too. If trader loses, they close their position as you said it well, that's really risk-free but when trader wins, exchanges have to pay their own money as far as I know because not every trading pair has 3rd party liquidity provider.

[avp2306]

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret. We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

Bitcoin brokers, aka Bitcoin exchanges are carrying a huge responsibility over their funds because once your bitcoins are gone, they are gone forever and you can't fix that. From one side, it looks like they make money out of thin air by taking a fee from each of your trade and that's true, they charge a lot but at the same time if we keep in mind the leverage trading, crypto exchanges risk here too since they are the liquidity providers. If many people open a long position on futures with high leverage and profit, exchange has to pay for their winnings.

If we are talking about exchanges, who really works with market - they has no risk with leverage. If the trade loses - they close his position. If the trader wins - they don`t pay their own money - they get it from the market. But if some exchange make fake deals with their own money - you are right and they can lose all their money. But mostly in such situation we here that this exchange is "bankrupt" or, if we are talking about cryptocurrency exchanges - "the hackers steal the money".

Do you remember Terra Luna collapse? Exchanges hold some reserves of every listed coin. These coins were very popular and exchanges lost millions of dollars after its collapse. So, this is not a zero risk business.
Let's talk about leverage too. If trader loses, they close their position as you said it well, that's really risk-free but when trader wins, exchanges have to pay their own money as far as I know because not every trading pair has 3rd party liquidity provider.

To many reputable exchange and other top coins in the market turn into scam so we cannot conclude anything about those reputable platform or coins since none of them have zero risk since they can compromise anyone if they encounter troubles since to many people experience that and we also see a lot of claims regarding how much money they lose from scamming incident happened in that scenarios.

So we should not close anything here that some of them good and some may not since its the same we have high chance to lose our fund especially if we are not careful enough to get some updates about them and also for letting our hard earned funds in their control so we make sure if we want to avoid the risk is to store our funds beyond our control and just transact with them when we need it.

[LUCKMCFLY]

With respect to the casino, well, it is something else, now what is most difficult and difficult is that when you have to do something you must always comply with the KYC requirements and that is already in all the casinos, the one that had the least problem was freebitco.in , but at this point they are already asking for KYC, which seems very bad to me, and it is a shame because this platform for me was the best Everywhere and now with this, they fall into the worst of the rest, it gives a I'm a bit angry that they become like this , but that's life , Everyone is already Falling into stupid regulations that aren't even worth mentioning , for that reason I in the casinos Recommend to everyone that I can grab almost anything that is Reliable, of high Reputation who have children who are still reliable and who do not let themselves fall into new casinos who don't even Know Anything.

All these endless KYC identity verifications are definitely evil for players in crypto casinos and it is obvious that they piss players off all the time. 
Especially when this happens unexpectedly and you are unable to get your winnings that you need.  Well, such a disgrace as waiting 3 months for the transfer of money honestly earned by a player and also endlessly sending scans of some documents to some casino that is not at all authorized by state authorities, which actually violates laws on personal data - this  already the height of cynicism and self-will.  And this is naturally a violation of one of the fundamental human rights under international law. 

It would be great if in the USA there was a grokup of serious lawyers who, through the courts, would create a precedent for illegality and KYC requirements in specific cases and would judge a person’s right to remain anonymous when playing in a casino. 
Let's hope that this will happen in the foreseeable future.

It seems to me that this measure is not just coming from the US government, but rather coming from many countries, as in cases of increasing terrorism in the world, the governments of first world countries have started to put tough KYC measures, but this measure is still it did not affect the cryptocurrency market, this is because the cryptocurrency market is not a regulated market, there are no laws on cryptocurrencies, the US governments, like many governments, accept that their citizens use cryptocurrencies, but these governments have not yet made laws on cryptocurrencies. but as this market started to move a lot of money and unfortunately, many large mixer sites began to appear that were involved in serious crimes

Everything that you wrote, of course, takes place in the real world and the regulation of cryptocurrencies will probably be done at the legislative level, first in the USA, and then, as I think, by analogy with the legislation of the USA and similar laws in other countries.  In this regulation of cryptocurrencies, it is important to maintain at least partial possibility of anonymous payments, which is an integral property and advantage of cryptocurrencies.  But only so that law-abiding citizens can do this.  Nor could criminals do it.  This is an insoluble issue in practice; it seems to me that it is extremely difficult to find a compromise, and legislators simply don’t even seem to know how to solve it optimally.  A nd by introducing KYC everywhere, they of course destroy anonymity.  And along with the criminals who will be prevented from transferring money, ordinary, good citizens, for whom it is important to remain anonymous in some payment matters, will also suffer.  I believe that completely eliminating anonymity with laws and making almost banking transparency in crypto-payments is wrong, I hope the bill will take into account the public need for anonymous and legal payments.  And somehow they will filter out the possibilities of crimin al use of cryptocurrencies.

He is right about everything, what I can say about this is that every time the USA makes one of these movies, it is not for something good, it is to take away freedoms, I am a peron because it has always been in decline with the regulation because at one time The government and banks in the world did not give importance to Bitcoin, now that everything is being talked about and they know that the Bitcoin economy is much larger and more Robust , because they want to do more things to be able to keep it up to date, I really do. I think about this is that as long as we are in a world where everything is centralized, things with casinos will be the same, with crypto too, I have seen many who agree with taxes, I have seen many who use Bitcoin and agree I agree, I think that that irreverence that I always mention no longer exists, because we are people who are always looking for something more, with Bitcoin things are Different, we are an economy that is free of all control , perhaps that is why the governments and banks act in that way.-

If we look at it, if we let Governments get back into this technology and banks thing again, then it's because we like to live in an almost squalid system, a system where we like them to take the yoke and start doing things like this in a brave way, in an obligatory way, and I really don't understand, I don't understand the human Being for being so submissive, even in this thing that is completely free, we are wrong, in the majority of exchanges, it is secure KYC  , in the Brokers all before entering must comply with the KYC, now with the casinos too, I think everything has somehow been made public that privacy is no longer relevant , the Mixers are persecuted by the governments as if they were the worst thing , when we know that the Biggest crimes have been carried out with fiat money, then sometimes I see that Saying that this gives rise to crimes is Something that is not right , of course it is my personal opinion.

[Hamphser]

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret. We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

Bitcoin brokers, aka Bitcoin exchanges are carrying a huge responsibility over their funds because once your bitcoins are gone, they are gone forever and you can't fix that. From one side, it looks like they make money out of thin air by taking a fee from each of your trade and that's true, they charge a lot but at the same time if we keep in mind the leverage trading, crypto exchanges risk here too since they are the liquidity providers. If many people open a long position on futures with high leverage and profit, exchange has to pay for their winnings.

If we are talking about exchanges, who really works with market - they has no risk with leverage. If the trade loses - they close his position. If the trader wins - they don`t pay their own money - they get it from the market. But if some exchange make fake deals with their own money - you are right and they can lose all their money. But mostly in such situation we here that this exchange is "bankrupt" or, if we are talking about cryptocurrency exchanges - "the hackers steal the money".

Do you remember Terra Luna collapse? Exchanges hold some reserves of every listed coin. These coins were very popular and exchanges lost millions of dollars after its collapse. So, this is not a zero risk business.
Let's talk about leverage too. If trader loses, they close their position as you said it well, that's really risk-free but when trader wins, exchanges have to pay their own money as far as I know because not every trading pair has 3rd party liquidity provider.

To many reputable exchange and other top coins in the market turn into scam so we cannot conclude anything about those reputable platform or coins since none of them have zero risk since they can compromise anyone if they encounter troubles since to many people experience that and we also see a lot of claims regarding how much money they lose from scamming incident happened in that scenarios.

So we should not close anything here that some of them good and some may not since its the same we have high chance to lose our fund especially if we are not careful enough to get some updates about them and also for letting our hard earned funds in their control so we make sure if we want to avoid the risk is to store our funds beyond our control and just transact with them when we need it.

This is why you should really be that making yourself that aware about those potential risks. Always put up into your mind that not your keys then its not your coins on this kind of principle on which it would really be always reminding you that you shouldnt really be storing up your assets into those platforms because anytime it could really be experiencing those issues which it would really be leading up into those loss of funds.
In regarding on what OP been saying about raking up with fees, then its normal since this is a business on which it would really be just that not shocking that they will really be making up money out of those
trades been done by those traders. Why would really be that minding much on how they do make money in the first place? You are doing trades into their platform, you are really that making
those buy an sell and it is really just that normal that they would really be monetizing on the site that they had built. So i dont really see any issues not unless if you do have  that kind of personal hate
towards them. lol

[Fatunad]

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret. We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

Bitcoin brokers, aka Bitcoin exchanges are carrying a huge responsibility over their funds because once your bitcoins are gone, they are gone forever and you can't fix that. From one side, it looks like they make money out of thin air by taking a fee from each of your trade and that's true, they charge a lot but at the same time if we keep in mind the leverage trading, crypto exchanges risk here too since they are the liquidity providers. If many people open a long position on futures with high leverage and profit, exchange has to pay for their winnings.

If we are talking about exchanges, who really works with market - they has no risk with leverage. If the trade loses - they close his position. If the trader wins - they don`t pay their own money - they get it from the market. But if some exchange make fake deals with their own money - you are right and they can lose all their money. But mostly in such situation we here that this exchange is "bankrupt" or, if we are talking about cryptocurrency exchanges - "the hackers steal the money".

Do you remember Terra Luna collapse? Exchanges hold some reserves of every listed coin. These coins were very popular and exchanges lost millions of dollars after its collapse. So, this is not a zero risk business.
Let's talk about leverage too. If trader loses, they close their position as you said it well, that's really risk-free but when trader wins, exchanges have to pay their own money as far as I know because not every trading pair has 3rd party liquidity provider.

To many reputable exchange and other top coins in the market turn into scam so we cannot conclude anything about those reputable platform or coins since none of them have zero risk since they can compromise anyone if they encounter troubles since to many people experience that and we also see a lot of claims regarding how much money they lose from scamming incident happened in that scenarios.

So we should not close anything here that some of them good and some may not since its the same we have high chance to lose our fund especially if we are not careful enough to get some updates about them and also for letting our hard earned funds in their control so we make sure if we want to avoid the risk is to store our funds beyond our control and just transact with them when we need it.

This is why you should really be that making yourself that aware about those potential risks. Always put up into your mind that not your keys then its not your coins on this kind of principle on which it would really be always reminding you that you shouldnt really be storing up your assets into those platforms because anytime it could really be experiencing those issues which it would really be leading up into those loss of funds.
In regarding on what OP been saying about raking up with fees, then its normal since this is a business on which it would really be just that not shocking that they will really be making up money out of those
trades been done by those traders. Why would really be that minding much on how they do make money in the first place? You are doing trades into their platform, you are really that making
those buy an sell and it is really just that normal that they would really be monetizing on the site that they had built. So i dont really see any issues not unless if you do have  that kind of personal hate
towards them. lol

Business is business and nothing personal.  

There are really just those people who dont really like for these companies to make money out of them as if they do have those kind of feeling that they had been robbed. haha
If you dont like for them to get some fees out of your trades then just simply dont make trades or make use of their platform on which it is really just that selfish kind of thinking.
They do make use of capital when building up this platform so its just normal that they will really be making money out of it.

Doesnt matter if we do speak about stocks/forex/crypto/ or even casino. Every platform been made would really be minding on how to make profits on giving out such service to people.

[Odusko]

You know how casinos lay it all out, they're taking a gamble just like us. But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret. We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

The broker/casino as you refer to our business setups that are out to make profits and nothing more than that, and sure it requires alot of capital to start up a casino and for sure if you have no huge amount as bankroll as a broker, it will still be hard to start up on a food ground, this is much more prevalent if as a gambler you won a jackpot that can put a hole in the balance of the casino and sure that will be a hit on them also, so while you are thinking of how much the house make and what percentage accumulator their use to collect their 3administrative fees, it make no sense to us as gamblers to pay too much attention to that and leaving behind what make the most sense to us which is just fun and nothing more and regardless of how much the casino may earn, it still ball down to what risk their have to face to get to that level on revenue generations.

[mak013]

If we are talking about exchanges, who really works with market - they has no risk with leverage. If the trade loses - they close his position. If the trader wins - they don`t pay their own money - they get it from the market. But if some exchange make fake deals with their own money - you are right and they can lose all their money. But mostly in such situation we here that this exchange is "bankrupt" or, if we are talking about cryptocurrency exchanges - "the hackers steal the money".

Do you remember Terra Luna collapse? Exchanges hold some reserves of every listed coin. These coins were very popular and exchanges lost millions of dollars after its collapse. So, this is not a zero risk business.
Let's talk about leverage too. If trader loses, they close their position as you said it well, that's really risk-free but when trader wins, exchanges have to pay their own money as far as I know because not every trading pair has 3rd party liquidity provider.

It is true, that exchanges has their cryptocurrencies reserves, but Luna scam doesn`t means that exchanges lost their money due to their operations. It is like earthquake - you lose something, but it doesn`t depends on your actions. About leverage - the situation is the same. The exchange wants to maximize their profit with adding trading pairs that they don`t plan to trade on the market. So in this situation they become trader. If they work as they must - they have no risks with their activities.

[delfastTions]

~snip ~

~ snip ~

It seems to me that this measure is not just coming from the US government, but rather coming from many countries, as in cases of increasing terrorism in the world, the governments of first world countries have started to put tough KYC measures, but this measure is still it did not affect the cryptocurrency market, this is because the cryptocurrency market is not a regulated market, there are no laws on cryptocurrencies, the US governments, like many governments, accept that their citizens use cryptocurrencies, but these governments have not yet made laws on cryptocurrencies. but as this market started to move a lot of money and unfortunately, many large mixer sites began to appear that were involved in serious crimes

Everything that you wrote, of course, takes place in the real world and the regulation of cryptocurrencies will probably be done at the legislative level, first in the USA, and then, as I think, by analogy with the legislation of the USA and similar laws in other countries.  In this regulation of cryptocurrencies, it is important to maintain at least partial possibility of anonymous payments, which is an integral property and advantage of cryptocurrencies.  But only so that law-abiding citizens can do this.  Nor could criminals do it.  This is an insoluble issue in practice; it seems to me that it is extremely difficult to find a compromise, and legislators simply don’t even seem to know how to solve it optimally.  A nd by introducing KYC everywhere, they of course destroy anonymity.  And along with the criminals who will be prevented from transferring money, ordinary, good citizens, for whom it is important to remain anonymous in some payment matters, will also suffer.  I believe that completely eliminating anonymity with laws and making almost banking transparency in crypto-payments is wrong, I hope the bill will take into account the public need for anonymous and legal payments.  And somehow they will filter out the possibilities of crimin al use of cryptocurrencies.

He is right about everything, what I can say about this is that every time the USA makes one of these movies, it is not for something good, it is to take away freedoms, I am a peron because it has always been in decline with the regulation because at one time The government and banks in the world did not give importance to Bitcoin, now that everything is being talked about and they know that the Bitcoin economy is much larger and more Robust , because they want to do more things to be able to keep it up to date, I really do. I think about this is that as long as we are in a world where everything is centralized, things with casinos will be the same, with crypto too, I have seen many who agree with taxes, I have seen many who use Bitcoin and agree I agree, I think that that irreverence that I always mention no longer exists, because we are people who are always looking for something more, with Bitcoin things are Different, we are an economy that is free of all control , perhaps that is why the governments and banks act in that way.-

If we look at it, if we let Governments get back into this technology and banks thing again, then it's because we like to live in an almost squalid system, a system where we like them to take the yoke and start doing things like this in a brave way, in an obligatory way, and I really don't understand, I don't understand the human Being for being so submissive, even in this thing that is completely free, we are wrong, in the majority of exchanges, it is secure KYC  , in the Brokers all before entering must comply with the KYC, now with the casinos too, I think everything has somehow been made public that privacy is no longer relevant , the Mixers are persecuted by the governments as if they were the worst thing , when we know that the Biggest crimes have been carried out with fiat money, then sometimes I see that Saying that this gives rise to crimes is Something that is not right , of course it is my personal opinion.

I share your opinion!  
Of course, now all possibilities for direct anonymous payments between people using Bitcoin and other cryptocurrencies are gradually being lost.  We increasingly feel an attack on the economic freedom of citizens from the banking community and the governments of different countries practically controlled by it.  This a archaic financial system with the mandatory participation of an intermediary such as a bank in non-cash payments cannot begin to disappear and, naturally, suits both those who greatly enrich themselves from this and governments that always keep their people in an almost slave state.  due to exploitation.  Unfortunately, this system is very strong and stable.  And there is still no real sign that Bitcoin and this blockchain technology have begun to beat the traditional banking system.  On the contrary, the banking community has seized the initiative by introducing the use of CBDC everywhere.  
Probably, if humanity remembers and strives for a free world, then this will probably happen after 5 generations of people, or even more.  
In this matter, I, unfortunately, have a pessimistic view of reality.

[Synchronice]

If we are talking about exchanges, who really works with market - they has no risk with leverage. If the trade loses - they close his position. If the trader wins - they don`t pay their own money - they get it from the market. But if some exchange make fake deals with their own money - you are right and they can lose all their money. But mostly in such situation we here that this exchange is "bankrupt" or, if we are talking about cryptocurrency exchanges - "the hackers steal the money".

Do you remember Terra Luna collapse? Exchanges hold some reserves of every listed coin. These coins were very popular and exchanges lost millions of dollars after its collapse. So, this is not a zero risk business.
Let's talk about leverage too. If trader loses, they close their position as you said it well, that's really risk-free but when trader wins, exchanges have to pay their own money as far as I know because not every trading pair has 3rd party liquidity provider.

It is true, that exchanges has their cryptocurrencies reserves, but Luna scam doesn`t means that exchanges lost their money due to their operations. It is like earthquake - you lose something, but it doesn`t depends on your actions. About leverage - the situation is the same. The exchange wants to maximize their profit with adding trading pairs that they don`t plan to trade on the market. So in this situation they become trader. If they work as they must - they have no risks with their activities.

I am just giving you a LUNA example to prove that it's not as risk free business as it sounds. It's also true that exchanges really make money out of thin air when they take some percentage from your spot, margin and other trading types. Also, exchanges hold the biggest cryptocurrency reserves and you know, once your coins are gone, they are gone forever. They need to invest more in security, marketing and so on.
By the way, to be frank, both, casino and exchanges are great businesses in terms of risks and profits.

[AmoreJaz]

If we are talking about exchanges, who really works with market - they has no risk with leverage. If the trade loses - they close his position. If the trader wins - they don`t pay their own money - they get it from the market. But if some exchange make fake deals with their own money - you are right and they can lose all their money. But mostly in such situation we here that this exchange is "bankrupt" or, if we are talking about cryptocurrency exchanges - "the hackers steal the money".

Do you remember Terra Luna collapse? Exchanges hold some reserves of every listed coin. These coins were very popular and exchanges lost millions of dollars after its collapse. So, this is not a zero risk business.
Let's talk about leverage too. If trader loses, they close their position as you said it well, that's really risk-free but when trader wins, exchanges have to pay their own money as far as I know because not every trading pair has 3rd party liquidity provider.

It is true, that exchanges has their cryptocurrencies reserves, but Luna scam doesn`t means that exchanges lost their money due to their operations. It is like earthquake - you lose something, but it doesn`t depends on your actions. About leverage - the situation is the same. The exchange wants to maximize their profit with adding trading pairs that they don`t plan to trade on the market. So in this situation they become trader. If they work as they must - they have no risks with their activities.

I am just giving you a LUNA example to prove that it's not as risk free business as it sounds. It's also true that exchanges really make money out of thin air when they take some percentage from your spot, margin and other trading types. Also, exchanges hold the biggest cryptocurrency reserves and you know, once your coins are gone, they are gone forever. They need to invest more in security, marketing and so on.
By the way, to be frank, both, casino and exchanges are great businesses in terms of risks and profits.

let us put it this way, in every business, they have their own risks that they are battling with. we can't say there's none because if that's the case, then there's a particular business that everyone would go to because there's no risk involved. but we can say, we can reduce the risks by meticulously choosing which projects are you going to invest with. but even then, don't assure yourself that you won't encounter any problem or possible losses.

both casino and exchanges have their own battles when it comes to risks. they also have their own set of customers.
however, i believe they share the same risks in the following aspects -
- cybersecurity (hacking, data breach, malware, etc)
- fraud
- compliance
- customer issues/complaints

it will only come in different form but both of them are prone to the above risks.

[Eternad]

let us put it this way, in every business, they have their own risks that they are battling with. we can't say there's none because if that's the case, then there's a particular business that everyone would go to because there's no risk involved.

You are pertaining to user risk on using the business platform and not the business risk itself because the user quoted example is a risk by user when use the platform. Exchange has less risk for their business because they are just facilitating the trading platform and gains fees on all transactions happening inside while Casino is literally battling against players money in able to profit using games with their advantage.

Business have different purposes that’s why the risk involved varies because exchange is designed for financial tool purposes while casino is for entertainment purposes only.

[mak013]

If we are talking about exchanges, who really works with market - they has no risk with leverage. If the trade loses - they close his position. If the trader wins - they don`t pay their own money - they get it from the market. But if some exchange make fake deals with their own money - you are right and they can lose all their money. But mostly in such situation we here that this exchange is "bankrupt" or, if we are talking about cryptocurrency exchanges - "the hackers steal the money".

Do you remember Terra Luna collapse? Exchanges hold some reserves of every listed coin. These coins were very popular and exchanges lost millions of dollars after its collapse. So, this is not a zero risk business.
Let's talk about leverage too. If trader loses, they close their position as you said it well, that's really risk-free but when trader wins, exchanges have to pay their own money as far as I know because not every trading pair has 3rd party liquidity provider.

It is true, that exchanges has their cryptocurrencies reserves, but Luna scam doesn`t means that exchanges lost their money due to their operations. It is like earthquake - you lose something, but it doesn`t depends on your actions. About leverage - the situation is the same. The exchange wants to maximize their profit with adding trading pairs that they don`t plan to trade on the market. So in this situation they become trader. If they work as they must - they have no risks with their activities.

I am just giving you a LUNA example to prove that it's not as risk free business as it sounds. It's also true that exchanges really make money out of thin air when they take some percentage from your spot, margin and other trading types. Also, exchanges hold the biggest cryptocurrency reserves and you know, once your coins are gone, they are gone forever. They need to invest more in security, marketing and so on.
By the way, to be frank, both, casino and exchanges are great businesses in terms of risks and profits.

Every business has his own risks and expenses. I think that everybody agrees with it. But if we are talking about everyday activities - casino risks their money and the exchange don`t risk, if they works as they must.
And every user has risks except gambling/trading - he has to remember that every casino or exchange can cheat and can become bankrupt or just run away with all users money.

[Hamphser]

let us put it this way, in every business, they have their own risks that they are battling with. we can't say there's none because if that's the case, then there's a particular business that everyone would go to because there's no risk involved.

You are pertaining to user risk on using the business platform and not the business risk itself because the user quoted example is a risk by user when use the platform. Exchange has less risk for their business because they are just facilitating the trading platform and gains fees on all transactions happening inside while Casino is literally battling against players money in able to profit using games with their advantage.

Business have different purposes that’s why the risk involved varies because exchange is designed for financial tool purposes while casino is for entertainment purposes only.

If we do speak on investors or business owners perspective then of course there's really a risk on dealing up such business but i do see that exchangers do really make money with those fees that they are getting.
The risks that i could see rather would really be pertaining into the risk on getting hacked and some regulatory issues instead, as for gambling site then those fellas who are lucky guys  would be their pain in the ass kind of thing for them. They wouldnt really be liking to see those people who are lucky because it would really be affecting out their revenue but we do know that house do always win at the end.
There's no way that we could be able to go against with it.

Thing here is that if you do deal up with something then you should really be that responsible and be mindful on the actions that you are making.
You cant just that make yourself that deal up without knowing about those probabilities.

[Dunamisx]

You know how casinos lay it all out, they're taking a gamble just like us. But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret. We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

The broker/casino as you refer to our business setups that are out to make profits and nothing more than that, and sure it requires alot of capital to start up a casino and for sure if you have no huge amount as bankroll as a broker, it will still be hard to start up on a food ground, this is much more prevalent if as a gambler you won a jackpot that can put a hole in the balance of the casino and sure that will be a hit on them also, so while you are thinking of how much the house make and what percentage accumulator their use to collect their 3administrative fees, it make no sense to us as gamblers to pay too much attention to that and leaving behind what make the most sense to us which is just fun and nothing more and regardless of how much the casino may earn, it still ball down to what risk their have to face to get to that level on revenue generations.

Brokers are different from the casinos or exchanges, what we see about them is more to what they really constituted, i personally don't trust the brokers at all by any means, why i said this was because of their personal intention on manipulations, which sometimes hides under the covering of them trying to make a business or transaction happened but in the real sense they are the ones against it because of their personal interest.

[Fivestar4everMVP]

You know how casinos lay it all out, they're taking a gamble just like us. But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret. We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

The broker/casino as you refer to our business setups that are out to make profits and nothing more than that, and sure it requires alot of capital to start up a casino and for sure if you have no huge amount as bankroll as a broker, it will still be hard to start up on a food ground, this is much more prevalent if as a gambler you won a jackpot that can put a hole in the balance of the casino and sure that will be a hit on them also, so while you are thinking of how much the house make and what percentage accumulator their use to collect their 3administrative fees, it make no sense to us as gamblers to pay too much attention to that and leaving behind what make the most sense to us which is just fun and nothing more and regardless of how much the casino may earn, it still ball down to what risk their have to face to get to that level on revenue generations.

Brokers are different from the casinos or exchanges, what we see about them is more to what they really constituted, i personally don't trust the brokers at all by any means, why i said this was because of their personal intention on manipulations, which sometimes hides under the covering of them trying to make a business or transaction happened but in the real sense they are the ones against it because of their personal interest.

You are right, will say that brokers are the major manipulators in the foreign exchange market, I have traded forex before but this was a long time ago, I do not know how the Forex market functions now but back then, we were taught while attending some Forex class that a traders win is some how, a loss to the brokers that the trader is under, and likewise, the trader's loss is a win to the broker the trader is trading under.
So, for this reason, they can manipulate the market to a great extent to make sure that most traders trading under them do not win their trades, its like in gambling casinos where some casinos support game providers to manipulate the outcome of games being played on a slot machine, online or offline.

So, in all that the op mentioned, I support that, brokers are the most untrustworthy when it comes to the financial market.

[LUCKMCFLY]

~snip ~

~ snip ~

It seems to me that this measure is not just coming from the US government, but rather coming from many countries, as in cases of increasing terrorism in the world, the governments of first world countries have started to put tough KYC measures, but this measure is still it did not affect the cryptocurrency market, this is because the cryptocurrency market is not a regulated market, there are no laws on cryptocurrencies, the US governments, like many governments, accept that their citizens use cryptocurrencies, but these governments have not yet made laws on cryptocurrencies. but as this market started to move a lot of money and unfortunately, many large mixer sites began to appear that were involved in serious crimes

Everything that you wrote, of course, takes place in the real world and the regulation of cryptocurrencies will probably be done at the legislative level, first in the USA, and then, as I think, by analogy with the legislation of the USA and similar laws in other countries.  In this regulation of cryptocurrencies, it is important to maintain at least partial possibility of anonymous payments, which is an integral property and advantage of cryptocurrencies.  But only so that law-abiding citizens can do this.  Nor could criminals do it.  This is an insoluble issue in practice; it seems to me that it is extremely difficult to find a compromise, and legislators simply don’t even seem to know how to solve it optimally.  A nd by introducing KYC everywhere, they of course destroy anonymity.  And along with the criminals who will be prevented from transferring money, ordinary, good citizens, for whom it is important to remain anonymous in some payment matters, will also suffer.  I believe that completely eliminating anonymity with laws and making almost banking transparency in crypto-payments is wrong, I hope the bill will take into account the public need for anonymous and legal payments.  And somehow they will filter out the possibilities of crimin al use of cryptocurrencies.

He is right about everything, what I can say about this is that every time the USA makes one of these movies, it is not for something good, it is to take away freedoms, I am a peron because it has always been in decline with the regulation because at one time The government and banks in the world did not give importance to Bitcoin, now that everything is being talked about and they know that the Bitcoin economy is much larger and more Robust , because they want to do more things to be able to keep it up to date, I really do. I think about this is that as long as we are in a world where everything is centralized, things with casinos will be the same, with crypto too, I have seen many who agree with taxes, I have seen many who use Bitcoin and agree I agree, I think that that irreverence that I always mention no longer exists, because we are people who are always looking for something more, with Bitcoin things are Different, we are an economy that is free of all control , perhaps that is why the governments and banks act in that way.-

If we look at it, if we let Governments get back into this technology and banks thing again, then it's because we like to live in an almost squalid system, a system where we like them to take the yoke and start doing things like this in a brave way, in an obligatory way, and I really don't understand, I don't understand the human Being for being so submissive, even in this thing that is completely free, we are wrong, in the majority of exchanges, it is secure KYC  , in the Brokers all before entering must comply with the KYC, now with the casinos too, I think everything has somehow been made public that privacy is no longer relevant , the Mixers are persecuted by the governments as if they were the worst thing , when we know that the Biggest crimes have been carried out with fiat money, then sometimes I see that Saying that this gives rise to crimes is Something that is not right , of course it is my personal opinion.

I share your opinion!  
Of course, now all possibilities for direct anonymous payments between people using Bitcoin and other cryptocurrencies are gradually being lost.  We increasingly feel an attack on the economic freedom of citizens from the banking community and the governments of different countries practically controlled by it.  This a archaic financial system with the mandatory participation of an intermediary such as a bank in non-cash payments cannot begin to disappear and, naturally, suits both those who greatly enrich themselves from this and governments that always keep their people in an almost slave state.  due to exploitation.  Unfortunately, this system is very strong and stable.  And there is still no real sign that Bitcoin and this blockchain technology have begun to beat the traditional banking system.  On the contrary, the banking community has seized the initiative by introducing the use of CBDC everywhere.  
Probably, if humanity remembers and strives for a free world, then this will probably happen after 5 generations of people, or even more.  
In this matter, I, unfortunately, have a pessimistic view of reality.

I think something , I live in a country where many consider it as if it were very full of communists and where there is a Dictatorship , but coincidentally they only control the mining, they do not control what Concerns others, things like bitcoin transactions or Something like that , nor that They make a mandatory registration of those who use crypto , I am not one of those who will register for such a thing , now we are generating this type of comments where Obviously the most Sponsors in the world and governments are the most Developed Countries , it's not others, it's them, the USA wants to destroy Bitcoin, I don't remember who it was that said that a senator wanted to put an end to bitcoin, and control it, but it's funny , how can I control it ? lol , it's something that Only governments can Believe , they believe they are omnipotent, so when we get down to it we could generate more things to do, and Compared to other governments, at least the one I'm in, they don't control as much as in Europe or they want do it in the USA, the truth is I don't know who they are who violate our rights, ?

The freedoms that we all demand must be respected and among those should be completely what is referred to as alternative economies , bitcoin and all crypto , also the things that can be controlled can obviously be what they have in their database systems , privacy and anonymity is something that no one should interfere with, neither governments nor third parties, so all this becomes a war that is declared and that is always evident everywhere, from casinos with KYC , to brokers , From the outset they are polite and ask you for a KYC before making any Deposit , not like the casinos that say deposit and ask for the KYC at the time of Withdrawing , and that is if the Person manages to have a good execution and win, that is what we We must see, it is something that is like in the Code of each Government , seeing how they take Away people's Freedoms.