Post
Topic
Board Gambling
Re: DUELBITS ASK FOR KYC WHEN YOU WANT TO WITHDRAW YOUR EARNED PROFITS
by
Slow death
on 13/03/2023, 06:46:45 UTC
I also don't see any reason why people shy away from KYC especially on reputable casinos....

we have to see that when bitcoin was created, people were happy because they finally had privacy and anonymity, so they could play in casinos that accept payments in cryptocurrencies anonymously, without the need for KYC, this was an anonymous market and a market that attract people with a clear objective that they want anonymity, in most cases people anonymity is not to commit crimes, if we make a comparison between the total number of people who want anonymity and the people who want anonymity to commit crimes we will see that the number of criminals it's too small. in the real world to play in a casino the person will have to carry an ID, pay tax in case of victory, it may even have to appear in the newspapers and tv in case of victory, so it is an annoying process for some people

whereas playing at the online casino was supposed to be easy, where you bought bitcoin or altcoin from a friend, took it and deposited it at the casino and played, you wouldn't have a headache with KYC. but the situation has changed a lot, the person to buy bitcoin has to create an account on an exchange and do KYC (he will have to run the risk of being afraid of the exchange selling his data every day) and then he will deposit money in the case and he will have to run everyday risk is being afraid of the casino selling his data, our documents are something important, anyone will be worried about giving documents in an unknown place on the internet, the person is not sure how the documents are being kept and if one day the bankrupt casino where they will leave our documents.