Quote from: Heinri on Today at 07:49:45 AM

I understand the frustration, but I think there’s a bigger picture to consider here. While Bitcoin may not be classified as "money" in a traditional sense by governments, it still holds value, and that's what matters. From the perspective of regulators, if users are risking something of value (whether it's fiat or crypto), there’s a need to ensure the integrity of the system, protect users, and prevent illegal activities like money laundering.

It is mostly about liquidity, it is true Bitcoin hold value but there are several assets which hold value through time and could be used as a wager to gamble and bet against anyone, but Bitcoin has the advantage of being a very demanded and liquid asset when compared to other media of exchanges or assets.
If Bitcoin was not so liquid and so widely accepted around the internet and around the world, it regulators would not go through the hassle of forcing casinos and bookies to get licenses and treat Bitcoin as if it was money or an equivalent of it.

I am in for less regulation and making the life easier for gamblers who just want to have fun, but I am also aware of the problem of money laundering and understand something must be done against criminals who seek to enjoy and reincorporate dirty money into the banking system.