Quote from: ethereumhunter on February 26, 2023, 11:09:34 AM

Quote from: danadc on February 23, 2023, 10:40:09 PM

When I first started learning about cryptocurrencies, I was involved in a privacy and anonymity cryptocurrency project, at the time it had nothing to do with casinos, it was just a cryptocurrency but privacy and anonymity meant everything to that great community. The casinos that exist now, the thing is different because they should guarantee privacy and anonymity but it is not like that, I can only imagine the people of that time when they see the KYC requirements of the casinos, they simply will not play, and I understand them, that community It is the one that new casinos have to attract, but to bring them there must be no KYC.

Currently, some casinos must implement KYC for their members, especially those who frequently use large sums of money to gamble. This is to ensure that the user is not someone who gambles using money derived from illegal activities and the casino wants to know who the people are playing for big money. KYC has become necessary for many websites, including gambling and exchanges because the government has entered into the crypto circle and noticed large transactions on exchanges or in gambling. We don't know if the tax that the government will apply to everyone who uses crypto will increase because of the profit factor people get.

KYC is like the bouncer at the club, ya know what I mean? It's a necessary evil to keep the riff-raff out of the online gamblin and crypto world. The government's gotta do their part to make sure these industries are runnin' smoothly and ain't involved in any shady money laundering schemes. And yeah, taxes on crypto profits might be a drag, but it's like payin your dues to be part of the club. We gotta embrace the growin' importance of the crypto industry and work towards makin it more accessible to all.