Post
Topic
Board Gambling
Re: Why they need a license if bitcon is not money?
by
Mr. Magkaisa
on 28/03/2024, 11:20:49 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.

           -   Yes, I thought about the title of this topic that you made. There are other countries that don't like bitcoin, and yet when there is a casino that applies under their regulation to legally operate in their country, they are given a license, even though the casino itself accepts bitcoin or cryptocurrency as one of the things that will be used. match the casino platform.

This really makes sense to me. Maybe that's because the government has as much interest in the casino itself and doesn't care about the system that the gambling platform has. Because the tax that the casino will pay is also taken from the gamblers who play on their gambling platforms, right?