Post
Topic
Board Gambling
Re: Top 5 Advantages of Bitcoin Casinos vs. Traditional Casinos
by
Yaunfitda
on 08/06/2023, 22:44:01 UTC
The big question is that why should we be forced to do KYC since we are using cryptocurrency which surpose to be privacy oriented tool and if a casino clearly stated that their demand for kyc at will then i will outrightly avoid them in other to avoid stories when i make a big winning since I am not ready to give out details.
Yes, I know it's a bit controversy for all of us, before we just need a bitcoin address and that's it, we can withdraw our money right away, whether it was big or small without any questions from crypto based platforms.

But now when the gaming industry goes big, I mean with billions worth of business and money flowing inside and outside of crypto bookies, it has been a target of regulators as well, licenses and other things including KYC was introduced now. And majority of us doesn't want to share our details and we are not that comfortable giving out. That's why it's very important to choose which casinos we are going to used now, at least with still no mandatory KYC.