Post
Topic
Board Gambling
Re: chinese bookmakers with tf gaming platform NO KYC
by
dezoel
on 26/01/2023, 13:27:35 UTC
I continue to think and argue that when payments during gambling are made using cryptocurrencies, then the KYC procedure is a damn evil, an invention by the American banking lobby and reflected in the US legislation. 
And then it was spread around the world because all local legislators and governments look with their mouths open and give in to these American alleged "masters of the world" because they are issuers of paper money, and now even simpler numbers in a computer in the form of newly created dollars.  Everyone knows that the US authorities went crazy on the question of how to rip off their people with taxes and fines, if they filled out something wrong in the declaration.  So they came up with this KYC of their own.  Fortunately, not all countries are subject to the Americans. There are also countries who spit on their demands.  And their territories may well host crypto casinos where no KYC is needed and players can easily play without this stupid verification.  And besides, there are many more scammers in the simple dollar payments sector, and not in the cryptocurrency sector.  And all these are fairy tales and legends that cryptocurrency is only for money laundering and for scammers.  It is the banking lobbies that spread such advertising, scaring ordinary people. 
And it's understandable why.  To get more loans and mortgages.  And, accordingly, more income for bankers.
Better if they can make exceptions and that is they should only accept centralized cryptos if KYC is one of their requirements before a person can gamble on them, so that people won't bash them as we think this is contradicting to the true purpose of decentralized cryptos which is to offer anonymity and free from control.

I am glad that there are still countries who are against with the US idea about KYC but I am afraid these countries will soon be threatened out by the US and then the no KYC casino that they have created will be shut down. Better watch out for this possibility or always stay updated about the news that your casino is giving to avoid losing your funds.