Post
Topic
Board Gambling discussion
Re: Is stablecoin gambling killing the crypto edge?
by
mak013
on 08/09/2025, 12:37:05 UTC

Yeah OG casinos which ran bitcoin only, they might see some changes to be done but overall it is for the good only.

I really wish we had achieved that, because when crypto first started, we never thought regulation would become this tight. Back then we even argued that crypto casinos should be free from regulation and KYC since crypto isn’t fiat.

But now, look at the space -  crypto and fiat casinos basically follow the same regulations when it comes to KYC. Because of that, we can’t gamble anonymously anymore, and the edge that crypto once had is already gone.
Look around - anonymity is nothing in our today`s life. You share your data to hundreds or thousands of companies: delivery services, shops, banks, government, social networks, etc. You ID, your photos are in the internet. No one just need your data. So one more KYC willn`t change anything in this situation. Just small percent of freaks ignores comfortability and try themselves to save their anonymity. I don`t think that even on this board we would find more than hundred of such users.
But if you one of them - you can use small strange casinos without KYC, without service, without security.