Quote from: harizen on August 18, 2020, 09:16:40 PM

Quote from: PurpleFrog on August 17, 2020, 01:56:41 PM

After the German government banned Visa and Mastercard in casinos in June and PayPal stopped processing online casino transactions because of sanctions last year things are starting to look good for bitcoin casinos in Germany.

What do you think?

According to the article, the demand for cryptocurrency among online gamblers in Germany is rapidly increasing. In here, we can say that gamblers here are already crypto-oriented and knows that gambling with the use of cryptocurrency is more convenient compare to the usual payment system they are dealing with fiat online casinos.

However, it was also mentioned in the article that the German government will restrict online gambling operations in its territory. Therefore, shifting to crypto-gambling or any form of gambling will also be banned or won't highly encourage. I don't know how the German government will able to restrict access to gambling sites, fiat, or crypto, but if they have a sort of technology to track down those citizens that will play against the law, it will be a problem.

I really don't like this gambling under the shadow. The proposed law should be modified and focus on targeting those illegal gambling operators instead.

But what can they really do? I mean if you buy bitcoin with cash then the government is not going to know that you're holding it and then you can use it to gamble to your hearts content, this is one of the strengths of bitcoin since it cannot be stopped by the government no matter what they do, so I have no doubt that if German gamblers are left with two options on the table and those are to not gamble or to gamble with bitcoin then we know that they're going to choose the latter rather than the former.