Post
Topic
Board Gambling
Re: Why they need a license if bitcon is not money?
by
Mr. Magkaisa
on 12/02/2024, 13:43:36 UTC
It's fun guys, govs hardly avoid accepting Bitcoin is money, but when it comes to gambling then users are risking money, so, casinos need a license.

Let's be honest, If you can deposit, wager, and withdraw. I don't see where the license is in the process...

Just want to say Fuck Curaçao, the island in the middle of nowhere who decide to take the crypto gambling industry in their hands and make billions of dollars with it. Who the fuck they are to wash money this way?

Crypto gambling needs freedom, and i insist in this point. If you can Deposit, Wager and Widrawal, then you don't need anything else.  And a big shout out to those casinos who still working until now without a license, freebitco.in, Just-Dice.com, bustabit.com... They are big examples of how crypto gambling should be.

        -   Until now, most governments in the world are still against Bitcoin, and most governments even prefer to regulate most of the casinos under their power and regulation because they benefit more from it than Bitcoin.

Anyway, as you said, mate, I am also interested in casinos that are under decentralization and do not have to follow the regulations set by the government. But there are also others who are somehow still helped by regulated casinos.