But if they like to submit their KYC because they know for theirselve that the risk is low then they just need to be careful and be aware about those negative implications about the actions we do.
The problem is that KYC is pretty much mandatory in many crypto gambling sites these days because of regulatory pressure due to which players are only given the option to continue playing after submitting KYC or to leave.
This is why so many players end up submitting their KYC even if they don't want to since they want to keep playing at their favourite sites.
We can't do anything aside to comply because those sites are just following the regulation as well and they have to implement it so they can stay in business and continue their operations. There are some sites that are still free from any level of KYC but for sure sooner or later, they will have no more choice but to implement it as well. Roobet started this KYC requirements years ago already, yet many are still addressing this issue, I believe this will stay as the topic as many are still not ok with the KYC process.
KYC will remain an issue in decentralized market and even if we talked about this many times already, expect to see more post concerning the KYC process. We know many sites are already ok with this process its just that gamblers can’t accept the fact that they have to fill out the KYC requirement before they can fully enjoy the gambling site. If you’re not ok with KYC, I guess you need to wait longer before a gambling site thinks for the alternative for KYC.
And you think there will ever be an alternative to kyc? And you and I know it is not even in the hands of the casinos to come up with an alternative to kyc if at all there will ever be any, it is in the hands of the regulatory system and brought about the mandatory implementation of kyc into every system that have to do with money and finance.
Personally, I feel that in the long run, kyc verification will or may become much more strict than they currently are, and by then, I really hope that decentralized casinos have developed enough to serve as an alternative for those gamblers who may not be able to meet the kyc requirements in the future when kyc becomes more strict than it currently is.