Post
Topic
Board Gambling discussion
Re: Betting in bitcoin is legal or illegal?
by
noormcs5
on 30/03/2018, 10:22:52 UTC
I don't think it will illegal.
I think Bitcoin is illegal because government should not allowed in betting but this coin is Decentralised cryptocurrency so many investors are involved in gambling in this forum. This make huge profit or loss whatever happens in this platform. So this is risky and insecured investment.
Yes bitcoin gambling is illegal because here in Philippines they plan to ban online gambling and i think bitcoin gambling including to that. Gambling can make a huge profit once person have enough luck if they are playing gambling.

It is not true that the government of the Philippines is planning to ban bitcoin gambling.  I believe the only thing that they are planning to ban are those that have no license or proper documents to operate.  Philippines do legalized gambling as long as we are playin in a licensed casinos.  Aside from that, Bitcoin is also accepted by the government as mode of payment so betting with bitcoin is not illegal as long as you are betting on the licensed casino.

Exactly, I haven't listened to anyone that Philippines are doing it. If they are doing it then they are ban unlicensed casinos, and bitcoin gambling is an other way from it. He should give us some link about this news. In all over the world, governments are doing and ban unlicensed casinos, and it is a normal thing, it is not a surprising and illegal thing for us.