Post
Topic
Board Gambling discussion
Re: Crypto betting
by
slapper
on 02/10/2023, 11:43:49 UTC

If government will be sincerely do that then the world will be a good place to live in but they will not because corrupt agencies. At that point KYC will be guarantee and you can't do without gambling and every games will fair to all gamblers. Government might decide to do the right thing but the agencies that sent by the government might do the opposite. But you have know that it is not only casinos that cheat but gamblers also cheat.

Really government itself has a lot work to do, if there was a monitoring team from the government, the scamming rate from casinos would have reduced, But government come to check when there is a report against the casino that is not fair with it customers.

The government of the developing country will see the gambling as the thing which affect their economy.The developing countries which created a law for the gambling site and made it as the illegal one.So the person who involve in the gambling site need to pay the fine to the government.The gambling sites which involve in their country also need to pay fine to their government.Secondly the crypto based gambling sites was good one,So the government can’t easily find the existence of the gambling sites.
Governments, particularly in developing nations, are in a difficult situation because of this. They perceive gambling as having the potential to undermine their financial security. They are passing laws to outlaw gambling websites, fining people who use them and the sites themselves in the process. I assume it's a measure to safeguard their economy. However, when cryptocurrency-based gambling sites appear, the game completely changes. In this world, it is difficult for the government to identify the locations of these places. It's a tricky situation, isn't it?

What if these cryptocurrency-based gambling platforms are actually indirectly helping the economy? People are earning and spending more money, which is good for the economy. Isn't this a complicated situation? The government must thoroughly consider the advantages and disadvantages of this matter. Finding a medium ground is essential in this environment. What are your thoughts on this?