Post
Topic
Board Gambling
Re: Why they need a license if bitcon is not money?
by
nullama
on 03/11/2024, 00:39:23 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.

Governments, at least in the US, have been considering Bitcoin money as far back as Casascius coins. They stopped in 2013 because the US said they were doing money transmitting, and they needed a license.

It's been more than a decade after that, so I think it is pretty clear that the government accepts Bitcoin is money. It is now even legal tender in El Salvador...