Quote from: slapper on July 01, 2023, 08:01:57 AM

Quote from: Bushdark on June 30, 2023, 06:53:49 PM

Quote from: Gozie51 on June 30, 2023, 06:38:39 PM

Quote from: Unsoldier on June 30, 2023, 06:16:36 PM

Gamblers are afraid that their personal information will become known to their relatives and everyone will know that they are losing money gambling.

Well for my view on KYC that you raised, I don't think that gamblers who dislike it are doing so because they don't wish their friends or relatives to know about their losses or profit. I think majority of it could be because the cryptocurrency system should be decentralised and everything about it encrypted. For example if playing with bitcoin as a decentralised cryptocurrency, while disclosing the identify behind it. That is the point and I think KYC goes against this principle of decentralisation which is the cardinal principle of cryptocurrency.

Everyone of us have a different perspective about KYC and we need to understand that there are some gamblers that see nothing wrong with KYC when gambling on a casino. KYC is not something we need to agitate on because even though we keep arguing about it, there are people that would always support the need for KYC on every casinos maybe for the reason of money laundry and scam attempt.
I really frown at KYC but what can we do if the casinos we are using start asking for KYC for us to gamble or use there casino.

You're right! KYC is considered a "necessary evil" by some and a "unwarranted intrusion" by others. But can't we see the good side? The "pros" are preventing fraud, scams, and money laundering. KYC also makes casinos safer, which is reason to celebrate. Yes, the "KYC hurdle" can be difficult, especially when you want to wager. But picture a world without KYC for casinos. Now that's scary... Yes, right? Let's be passionate: Embrace KYC, the "necessary good". Play safely, gamble responsibly, and enjoy the excitement. Sounds like a win-win.

The truth is that every opinion is very Respectable , I can see your point and yes, that is what all politicians and governments really do, they are always going to offer "good things" but we all know that it is just a mirage, it is not so and we should not be fooled , I have always said many times, the good is little, never much and that is a saying that has Taken me very far in life, when we see something very good and it is a lo t, we have to stop and start to study things, because there is always something hidden there, a government will always give or say what we want to hear from them, but they always do the opposite.

Personally I will never say that a KYC is Good there is always something going on there and things can be seen as good when they actually hide the interests for them this is something that never ends of course I have this kind of thinking for the sake of it fact of living under a system where politicians are what they are, great liars and they implement their control systems so that they can benefit.

It is not that I am saying that I Disagree with the KYC because the casino is guilty, I know that it is not like that, but if I say it on behalf of the governments , banks , because I know that they will not seek the benefit for their people but for themselves , In addition, we must all start from the purpose that Bitcoin was Created , it is to avoid these controls, and we sometimes contribute so that governments and third parties have a share in technology, well, not so much in technology but in the money that is It generates, for this option, do you think that if bitcoin and cryptocurrencies did not generate money, governments would be interested in cryptocurrencies? no, they don't even go in there , they do it because they know they can't control it , and somehow they Want to be in Control.