~ I personally am all for KYC implementation on every crypto gambling site.
saying privacy is only for criminals or that you're fine with giving up your privacy because you have nothing to hide is the same as saying free speech is not needed because you have nothing to say
Freedom of speech is not absolute. Google it. So, to keep order in our society, we have to give up our freedom to say some things. Same here with KYC on gambling sites. In order to stop money laundering, financing of terrorism and some other bad stuff we agree to give up some of our privacy. Just a little bit of it, actually. Because no one is gonna see your KYC data unless there is a police warrant.
Well, there is an absolute reality that is as you say, it is known that as time goes by they will try to take away people's privacy, I don't know, I have seen this since 2017 with many projects that came out that were about privacy where always who reigned was and still is Monero, that is why the casino that implements Monero will give them many clients, because there is something that was talked about and it was about the adoption and the adoption of Bitcoin and even cryptocurrencies is not the problem, and that it will be given without effort, now what will be most sought is to be more anonymous, and only those who provide this service are the ones who will have the leadership without a doubt.
I agree freedom of speech is not absolute, there's the
paradox of tolerance too which is quite interesting
though I think it's different with freedom to transact and privacy
normalizing the idea that we should give away our data can develop to a dystopian society where all your financial movement is under surveillance
not the nicest future and definitely not the one I wish for my children.
@Betwrong says no one is gonna have access to your data but the many breaches that happen every week shows us that this is not true
KYC also ends up incentivizing a parallel market where people will buy docs or pay someone to do KYC for them...
Yes, in part things will be like this in the future, people who want to maintain their privacy will do anything for it, it is even considered that there will be that option to pay, but I see it as something very exaggerated, why pay for something like that? well yes, the people who most want privacy and anonymity will always want to stay that way, just because they are not in the system, but go unnoticed.
For me all this tends to be a bit tedious, the main Exchanges always require KYC and KYC that are very rigorous, and that can cause a lot of problems if they try to deceive or cheat, these things will always be taken into account, it is better to do a KYC to ensure the trust and safety of our money, so I think.
Bouns and free money is loved by everyone and I don't think there is anyone who refuses to take free giveaways and promotions. The loyalty bonus is only for those who wager a lot, and it is kind of a thank you gesture by the gambling site to offer something in free as they are loyal to the site and playing regularly.
Gamblers usually get excited on getting some free money, don't they? After all they are the ones who faces a lot of losses too
Whenever a new casino launches and if they offer a signup bonus (offcourse with some wagering requirements), you will see a massive interest from players to check it out. A loyalty bonus is nice for old players but most sites also have a vip rank system which should always reward the most active and loyal players.
I see a loyalty bonus as a reward for those who persevere and those who believe in the casino, I don't see it badly, and I'm happy for those players who are always there and standing up for the casino, Duelbits is a casino that does not disappoint, and that it has everything to be one of the best casinos in the forum.
And it is as you say, sometimes there are very new casinos that always offer incredible bonuses, but the problem starts when there are misunderstandings with the bonus requirements, the players are surprised when they give very high bonuses, that for them means that there are more options to win and more opportunities to win, when they are new casinos, you have to be more measured in knowing how to make the movements, as such, it is money that we are risking.