Post
Topic
Board Gambling discussion
Re: Sad days for gamblers in the Philippines.
by
KTChampions
on 15/08/2025, 16:27:00 UTC
Those e-wallets you use in the Philippines are only for fiat currency, right?
Are they linked to your bank accounts, and until now, were you able to link them to a casino and play with your account balance?

If so, that was really convenient, but if the ban is only on e-wallets, you can still deposit normally via transfer, right?
Or even use stablecoins...

It is clear that people will find a way to bypass the restrictions, but then the government will "guess" to come up with new restrictions on those bypass methods, etc. It's a degenerative spiral of wasting effort on nothing. After all, if a person wants something, they will find a way, why not leave them alone and let them decide how to spend their money? That's why they all want the CBDC - to take away your choice at the level of owning your money.