This is in connection back to the thread I made about casinos mandating users to complete Level 2 KYC by the end of the year. By now, we probably have an idea that over time, more and more casinos will likely adopt similar requirements.
So, here’s the question: if all crypto casinos started requiring KYC before you can gamble, what would you do? Would you go ahead and pass the KYC to continue gambling? Would you switch to fiat casinos instead? Stop gambling altogether? Or maybe start looking for a decentralized casino to avoid the hassle?
Honestly, this is a topic that hits close to me. If all crypto casinos started mandating KYC it would really make many players and gamblers rethink how they going to approach gambling next. One of the main features of crypto casinos for many people, including myself back then is the privacy and ease of use. KYC takes away that anonymity and for some now it will feel like a stepback.
Personally, if I still gambling I think my decision would depend on a few factors. If the casino has a good reputation also transparent processes and offers solid features like fast withdrawals and fair games I will really consider completing the KYC as I did it with the good casinos before. However, if I felt the opposite, I wouldn’t risk any of ly documents with them over something bad.
I believe that switching to fiat casinos would feel like going back to something old and with less features as dealing with their high fees, slower transactions, and fewer game options in some cases.