Post
Topic
Board Gambling
Re: Casinopunkz.io | Anonymous Crypto Casino | No KYC | 100% Welcome Bonus
by
Slow death
on 18/11/2024, 13:41:01 UTC
You’ve raised a good point about the No KYC feature. While it’s designed for privacy, we’re taking steps to minimize any potential misuse.
Many people love privacy that is basic human rights and nowadays, there are less and less no-KYC platforms from centralized exchanges to gambling sites to use.

Why KYC is extremely dangerous – and useless

With more and more regulations on Bitcoin, cryptocurrency and online gambling industries, do you imagine that someday your platform will have to obey to KYC/AML and enforce KYC on your platform?

The point is that governments force casinos to have a license and comply with KYC, and they do this for physical casinos. So it would be very strange if all physical casinos were required to have a license and comply with KYC but online casinos were not required to comply with KYC and were not required to have a license. The Internet is not an isolated world in which government laws do not work. That is why in my opinion this casino, as well as all casinos in the future, will require mandatory KYC. The sooner we all get used to KYC, the better, because that way we avoid being fooled by casinos that promise not to ask for KYC but in months or years will start asking for KYC.