I'm seeing the improvement on the crypto gambling space especially in sports betting, so I was thinking, since crypto sports betting is easier than fiat betting, then probably people might transfer here and tht would help the increase of adoption.
some of the benefits when using crypto sportsbook.
1. No KYC
2. Anonymous gambling.
3. Instant deposit and withdrawals.
4. ETC....
What do you think about its chances.
If ever Crypto replaces fiat and once traditional fiat gambling sites are gone. Governments will find ways to make revenue through tax thus making KYC required for every crypto gambling platform taking away anonymity. Preferences such as Stake.com and SportsBet, so i prefer having two options because both has its pros and cons.
I think traditional fiat gambling sites will not be gone as people still use that site to gamble, and they are not moving to another site yet. It will give the government other works to get the tax through online gambling, but that will not be as easy as online gambling will operate outside of the country's jurisdiction. Perhaps, the government can apply that tax to their citizen who is playing gambling on many online gambling sites by checking their bank account.