Quote from: delfastTions on April 09, 2024, 07:15:57 AM

Quote from: EarnOnVictor on April 08, 2024, 08:00:57 AM

Quote from: Wiwo on April 07, 2024, 10:51:50 PM

Quote from: EarnOnVictor on April 07, 2024, 10:16:39 PM

The grievance of people buttress towards the way and manner cryptocurrency was introduced. Cryptocurrency mostly promised decentralization, privacy and anonymity, but the situation now is beyond that. Despite most of them still retaining those characteristics/attributes, the government has found ways to limit them by regulations through the companies and individuals transacting with them. This is a brilliant idea and I will always support it. Cryptocurrency cannot just be operating the way people want unchallenged, not when there are still working governments in the land. Fine, when it first came on board, the government would certainly be unaware or taking time to know how to deal with the situation. Those are the times you mention.

I use to think that way in the past that reasons why many gamblers are against regulations birth kyc is because of how casino handle the subject of kyc and how their go about their marketing, quite alright some casinos promised to be decentralised and none kyc by along the li e their get it introduced into the system, although this casinos should be classified in the class of scam casinos because most of the casinos that involve in such schemes always do so with the intended motive to scam the gamblers.

Because no legit casino will ask for kyc when the terms and conditions states their decentralised.

People have really suffered at the hands of those casinos and it could be worse elsewhere. Imagine, decentralisation means that there is no central authority or oversights, so why demand KYC? Who is deceiving whom? Well, a lot of people will still fall victim to this, that's the extent of how gullible they can be. This issue of running away from KYC casinos to find solace in the no-KYC casino has made many become a victim of scams as easily as possible. What baffles me is that many of these people only have a small amount of money to gamble and they got the money through a legit means as well.

So why are they so particular about privacy and no-KYC casinos to the point of abandoning the respectable casinos that would not scam to try those they knew little or nothing about to the point that they lose all the money to them? To make it worse, for those of the casinos who would stay, the No-KYC casino over time may switch to KYC casino, is that not using their heads?

A real gambler often has such circumstances in his life that he simply cannot play these games and provide the casino with his personal data.
For many millions of people around the world, this could have a significant impact simply on the quality of their life. For example, a player hides his passion for gambling from his employer, and he, if this contradicts the employer’s position, may be fired. Sometimes people hide their gambling habits from their immediate family, such as their wives. If she finds out, there will be a scandal and such a player will no longer be able to continue playing calmly. You can also add such a limitation as social attitudes in the society to which the player belongs, for example, religious attitudes and condemnations of gambling. In general, there can be many such factors. But the person wants to play. So such a player has to maintain anonymity.
And accordingly, he has to ignore the casino that necessarily requires KYC. And this has become more and more difficult lately.

- We know that when a casino is regulated, it is normal for them to ask for KYC from their players or gamblers. And if there are other gamblers who don't like KYC, there's no problem;
if they want to gamble illegally, that's up to them, or the Dex casino platform is still their choice, to be honest.

Meaning, the casino is not obligated to those who want to try gambling on their platform. But once you play, there is no choice but to follow their rules; if they need KYC, you have to give it.