The newly elected President Rodrigo Duterte wants to stop the online gambling here in the Philippines. Its because they cannot collect tax from it and they don't want people to become addicted to it. What is your side ?
this is the stupidest thing i have ever heard a government do and not only about bitcoin or gambling but in general !
the second part is just plain dumb saying we don't want people to become addicted to it. and the first part about taxes may not be as dumb but it is still pretty dumb. because you can easily regulate online gambling sites and set simple rules asking them to pay taxes based on their earnings just the same way you tax offline casinos.