Topic: Casinos after the shutdowns of mixers (Read 836 times)

Money laundering activities + having that not be able to be doxxed or able to know or telling about transaction transparency then there's no doubt that government wont really be that easily just allowing for these platforms into its existence on which we do consider out that they would really be never liking on to those things which arent really that some could be control or something that they couldnt be able to trace or monitor.
For money laundering purposes or reason then its actually that good that government is really that trying to fight off with these things but of course the other reason would be something like about on trying to get
rid of those people who do have tons of money but trying out skip out with those taxes.

The gambling sites Kyc mandatory was the unique feature help the gambling site to survive in the cryptocurrency world.Now the mixers get issues because of the money laundering activity,this create the more problem to the other mixers running in the forum.The gambling will ban the accounts of money laundering people in their gambling site.The facial verification of kyc along with the KYC was become the essential one in the gambling kyc verification.

The money laundering people was not able to use the casino now,it was the reason for the money launder to use of the mixer in the huge amount.The amount of money laundering in the mixer was increased daily because of the strong control by the gambling site owners.

But this is an opinion phrased without regard that some of those mixers pulled off massive scams. It's bad, but it's true. If the information is correct that was provided online, we are talking about tens of millions of dollars being laundered by Korean hackers through mixing services. I get the point that authorities would want to shut those services down. I disagree with their hope to get a hold of illegal mixing services, but if they were not to act it would also be weird.

But yes casinos will be under scrutiny and I believe there will be stricter rules coming in the future, but it is the same thing that I wonder about: what are they going to do about casinos that are offering their services web-based only and are sitting on some island where nobody can get a hold of them? Or maybe nobody can ever find out who is behind it? They can shut down websites in a best case scenario, but that's it.

Casinos don't need to do anything else they aren't already doing. They already implemented KYC feature on their platforms, reasoning it's necessary to fight money laundering, underage gambling and to forbid access to gamblers from countries not allowed by the casino.

If casinos have to implement another measures to stop money laundering, it will mean KYC is useless, therefore why should it exist and still be enforced by authorities to the platforms?

Nothing will really change regards casinos. The focus of authorities is the mixer category of service. Money launders will inevitably migrate to another niches of businesses, and not necessarily casinos, as there are many other possibilities around. And once regulators turn their attention to somewhere else, money launders will go back to mixer services once again. That is how things have been working in the world since always!

People are constantly adapting themselves to the currently situations which are imposed to them.

Well you are right, I have always thought that things when they are with BTC are quite good, since it has always been said that those who keep a lot of BTC seek to be more anonymous, and of course the truth is that they are right, if it is a lot of money so why not? What is the reason that others know it? It is not something logical, so as you say, the mezladres still continue , that they continue to be highly persecuted by the authorities? Yes, it is a fact, because the mixers are direct threats to the authorities because they want to exercise control over everything, and of course the governments have always done everything possible to prevent people from getting a lot of money , the banks always exert their forces to retain people's funds, that is something that has always existed and fighting against that is very difficult to fight, only systems that are like that, so in the bull forum things apparently are a little more free in the fact that they will not prohibit it , then it is a way for them to serve their services from there, they are partly companies and deserve to coexist.

I have Always been against all things that take Away people's freedoms, I live in a country where they always want to obstruct them, such Well, you are right, I have always thought that things when it comes to BTC are quite harsh. That is why I have always maintained an irreverent attitude towards governments because I do see the desire for control , the corruption , the Actions that are the fault of governments to manage the people at their whim, and that is not fair, I think that People deserve to take shortcuts to be millionaires, and yes , it is difficult to have a lot of money with the Traditional economic system, in fact it does not allow people to be rich , it is not possible , however with bitcoin it is and it is fast , so this type of things are what we should see before Doing any type of things that have to do with economic technology , so far there is no other technology that allows it to be difficult to trace.

Suggestively, Casinos can device a means to facilitate transactions to conceal identification of it's members.

It's not a cool experience for mixers, the crackdown horns their desperate need to control and regulate the unregulated space. This should not be encouraged but unfortunately, its the government and no one has a say.

It's true, that the rules and regulations are not global, but this theory will only work if these platforms are not started within the jurisdictions where such rules and regulations are imposed because if they do, they will be shut down by the authorities out there just like what happened to some mixers earlier, they were closed down, their websites shut down and that means it's game over for them. If what you say is true, the mixing services will have to operate outside of the jurisdictions where they are not allowed and those regions should only be able to impose a ban on its usage and shouldn't be able to shut the services down completely.

So, even though I agree with what you say and I wish that happens to be the case in the future, what we've seen so far doesn't seem to go with that theory as we have seen great platforms offering such services getting shut down which isn't what we would want to see, of course, since we love decentralization.

Yes, unfortunately, governments the world over are waking up more and more to the possible dangers that come with crypto.  So, they're making moves to control the market.  Sure, some of these rules might seem overbearing to good businesses.  But we gotta have 'em, or else criminals will take advantage of how cryptos can be anonymous and know no borders.  

If gambling joints don't follow the rules theyre staring down getting closed or whopping fines.  This'll likely push them to take tougher steps to stop money laundering.

Not only mixers, money launderers use any platform that enable them to launder money.  They even use banks, a legit establishment to launder money through backdoor negotiation with the bank managers/management.  So it is not surprising if they will not only use mixers and also use casinos for money laundering.

The difference between mixers and casino is that, casino is made for entartainment and has a license to operate, is also against money laundering activities and follow the regulatory implementation of anti-money laundering law by suspending or locking accounts and asking for KYC to those who are suspected of breaching the AML.  

As per what theymos is saying, bitcointalk will not allow mixers in the forum, that doesn’t mean that casinos, with their KYC functionalities and all that shit, aren’t able to join the fun in bitcointalk just cause they offer untraceable transactions.

There are some parameters that are set to make sure that no other site is to be discriminated against, and to let people know what mixers are really, I say this is bad for bitcointalk since it will stagnate the akount of advertisers in the forum which may lead into less traffic, but I’m guessing that’s the least of their worries now.

In any case, the forum will thrive, casinos will remain in the forum unless the government decides to ban them as well, and we all should relax I guess.

There’s always a way for them, and its only a matter of time for the government to know and of course they will find other way. Let’s accept the fact that some mixers are being used for laundering and that’s why they are on the hotspot and some mixers already suffer the shutdown. The government will not allow such thing, and if they believe casinos are also practicing this, for sure more regulations will be out just to address this issue.

That's true.

While it is not illegal to use mixers, if the ones that using it have that dirty money. Those are the ones that will be chased down but as you've said, even if they're going to advocate this for so many years.

The thing is, they're going to continue to exist. There will be a lot of taking down, there could be casinos that might also be. But the reality is that, they're unstoppable and will keep coming back like mushrooms.

Well I don’t think the casinos are even safe or decentralized anymore because for a casino to be full functional with a working license, then you ought to know that, there will definitely be some sort of KYC along the line and it is always very difficult to get a very reputable casino that isn’t asking for KYC at some points either during registration, after registration or during deposit or withdrawal or at some trigger points but whatever the case might be, I don’t think the casinos are safe and decentralized this days but I’m sure the government are already winning their ground

I agree with the fact that those that want to launder money will always find a way to do so and at some point I’m beginning to think and feel that this fight isn’t about mixers or so but about the government personal interest and the government is seeking every means to earn from
Cryptocurrency.

Those who wants to launder money will always find their way to do it and yes a darkweb will always exist for them. The casinos are strict already and for sure they will increase their security just to stay in business and to follow the regulation. We know how this market works, and we know how the government wants to regulate crypto as much as possible and if the casinos will not follow it, there’s a risk that the government will look after them and they might give more pressure to those casinos who will not follow the regulation.

i doubt the users of casinos will diminish when the gamblers become rich with BTC. they will always be here to just keep betting. as long as they can bet and try to make money with a small amount to risk, they will be gambling.

those mixers will solely just have onion domains just to keep their law tailing them. as of now there's one mixer on the other crypto forum which somehow i could say its still spreading the word.

You are right, when we are in a period in which things are less anonymous and less private, it is better for all those who actually seek that this turns out to be bad, in this order of ideas we have to assume that things as the mixers are taking away the privilege they had from certain players, but since now they are so demanding with KYC, without mixers, without VPN, there will come a time where the demand for the caissos will go down, because like some players they basically are Very millionaires who like their privacy and anonymity will no longer want to play that way, because that will be paradise for governments to track them and the possible things they can ask of each player, from a large tax to a large amount of money. What they can get out of them, some don't see it that way, but let's say that the perosans that we already have experience in this type of dealings with governments and banking entities because what one does is think badly.

Basically, being without mixers is like giving a big point to the governments and entities that are completely centralized, and the mixers in my opinion are not illegal at all, because it is money, it is money that people want most, so why can't they have it? people ? single governments? banks? Those things are the ones that I always emphasize a lot, just imagining a casino that is legal, that does not have many licenses, that does not require KYC nor does it matter if they use the VPN, but that is a totally reliable casino, where they believe that the players of casinos? especially the whales who don't like to give their KYC? For there obviously, this thing about the mixers is one more step Backwards that is being taken, I don't think that all the mixer companies will go down , I think that they are going to be in a persecution, but I don't see that it is something serious, It's something that doesn't suit me at all, it's not what it should be.

Mixers are aimed at making transactions anonymous while the government wants transactions to be exposed to them. The government and mixers cannot have a middle ground because both of them serve opposing purposes. Mixers will have no customers if they ever abide by government regulations.


The government never said mixers are illegal but they are concerned about the fraudulent operations of some mixers. I suspect that the government will keep intensifying its efforts to clamp down on mixers that are suspected to be used for criminal activities. Casinos would have to abide fully by the Anti Money Laundering (AML) laws of the country to avoid being considered as facilitators of criminal activities. We should expect more stringent KYC laws on gamblers to enable them to avoid sanctions.

Mixers are very fluid in their operations. They can't be prevented. There will always be a an everlasting bad blood between mixers and the government. At some point the government and mixers will have a middle ground, this is what I expect though but do not know when it is going to happen. The true bitcoin supporters who want to be truly anonymous.

For now, even if the  domains of a thousand mixers are seized, casinos that are regulated will thrive. They do not work together. A problem facing one will not stop the business of the other.

IMO you can't stop mixers, just like you can't stop deep web markets. Both will continue to exist and governments are just starting to look stupid when they try to fight something for a decade and it's still there doing fine, like torrents.

I don't agree with a number of stances taken by many governments around the world and since I haven't elected them, I'm not going to obey they. Why should I care what the US government thinks about mixers if I'm on the other side of the globe and never even used USD in my life?

Bottom line, casinos will thrive, mixers will thrive, bitcoin will thrive. Nothing will change, apart from policies that regulated companies will have to keep up with or they'll get fined.

We know that casinos are being treated as a mixer by other people and it's been that way since then. Casinos try to strengthen their casino by doing some anti money laundering tactics like wager rules and implementing strict KYC to gamblers. Maybe we will see people who will still try to use casino with the purpose of mixing coins and hoping they can successfully wash it. Casinos who has loose rules on money laundering is I think the one who will get customers who will basically want to wash their cryptos.

It's just sad that mixers are being taken down one by one, casino would need to strengthen their rules for them to show people that they are not an alternative of mixers.