Post
Topic
Board Gambling discussion
Re: Are There Any Regulations for Bitcoin Casinos?
by
TheGreatPython
on 23/04/2018, 10:27:35 UTC
That's will happens if bitcoin was strictly prohibited in the country it depends upon on the situation in bitcoin into a country.
Yeah, we all know that bitcoin is a decentralized technology coin and nobody could stop on the technology.
If a country has no law in cryptos also gambling has not prohibited or casino who used bitcoin for gambling.
Just like here our country we have freely used bitcoin here so we are not prohibited to do gambling.

The legality of bitcoin and gambling should be considered separately. While in some countries bitcoin transactions are illegal already, gambling is illegal in many countries. So considering the overlap between the two we can see that some countries will fall in the section where both bitcoin and gambling is legal.

Again bitcoin gives pseudo-anonymity and thus gamblers feel safer betting with crypto than fiat. Safer in the sense that they are less likely to be caught be others.
I agreed, every country has a different rules over the regulations an dlike in my coubtry there is still no strong regulations especially in online investments or casino's and still they are researching on it before to take some regulations along with it.
They must do this as soon as possible. Reason is, this game is harmful to the person playing and to the society and ultimately to the country’s progress. If people don’t stop gambling they will be increasing the unemployment rates and the family relationships broken rates and divorce rates and so much. This all will be damaging the pace and progress of country. So they must find urgent solution.