Quote from: Cookdata on Today at 02:25:44 PM

Quote from: freedomgo on March 24, 2024, 11:47:06 AM

Crypto has been known for anonymity. During the early stage, we like to promote it using the words "decentralized" and "anonymous ", and it's the main reason why a lot of gamblers have chosen to gamble using crypto to gain full privacy, but it seems like things have really change a lot now as gamblers are looking for a casino that are licensed while some casinos who promotes anonymous gambling eventually act like a fiat casino that requires KYC.

What do you think about this one, where is are we heading? And can we still consider crypto casino different from fiat casino?

I still remembered the time I joined this forum, there was this campaign of "Not your keys, not your coins" that was been voluntarily promoted on this forum, it became my personal text till date and that was because of decentralization moves but it seems all have been forgotten, as in people don't even care about it any more, the centralized exchanges keep winning everytime.

Decentralized casino wouldn't strive properly because of some reasons and here are the ones I have with me:

-Government regulation: AML is one of the factor government allow people to use crypto, any company that is involved in crypto and doesn't Take KYC serious will be an enemy of the government, this is why casino without KYC will not work under the watch of government.

-Normalize traditional casino are everywhere, many gamblers are used to the traditional casino, crypto is just their way of funding but don't really care about any other benefits like privacy or any decentralization, they just want to win and double their crypto, they don't care and since casino are after money, they will always give priority to where there is money.

East to use: Most centralized casino has an easy features which ofcourse comes with a risk but they don't care about all of that, what matters to them is ease of use and make more wins.

You can see that, it will be difficult to see decentralized casinos around here.

All that is written are probably some of the reasons why centralized casinos still wins every time.

However, let's look at this way, when crypto existed, it was promoted because it could give us anonymity, it was new to use, hard to typical person but we are able to learn on how to use it because we like to achieve the ultimate privacy which was its purpose. Things are doing great until time has come that bitcoin gets more popular and it has been notice by the government or regulators, and that they started to regulate it.

If they can ban it, they would, but they'll not gain anything from it so they just regulate it.

The factors you've mentioned like we got used to "traditional casino and Most centralized casino has an easy features " is a non factor if the government did not infectere as eventually we will learn since anonymity is what we are after of.