Illegal gambling in Asian football increased partly because of crypto?

joshy23

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Quote from: Naida_BR on April 23, 2020, 04:01:14 AM

Illegal gambling in Asian Football was a fact way before cryptocurrencies.
Those who are telling that cryptocurrencies are to be blamed for the rise of illegal gambling in Asia, are trying to do a propaganda.
I remember myself 20 years ago where people were trying to bet of Malaysian sportsbooks and gamble on Korean games in order to make some money from illegal betting.

They are just pointing fingers especially those who are against crypto industry. This propaganda work just as to discredit the spread of knowledge about crypto currencies, placing negative things behind will also gives ideas to people that surround the place.
In anyhow, there are people that will continue to seek for real deal behind this industry.

dunfida

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Quote from: Twinkledoe on April 23, 2020, 06:41:47 PM

Quote from: Naida_BR on April 23, 2020, 04:01:14 AM

Illegal gambling in Asian Football was a fact way before cryptocurrencies.
Those who are telling that cryptocurrencies are to be blamed for the rise of illegal gambling in Asia, are trying to do a propaganda.
I remember myself 20 years ago where people were trying to bet of Malaysian sportsbooks and gamble on Korean games in order to make some money from illegal betting.

Quote from: KTChampions on April 23, 2020, 05:14:02 PM

The fact that cryptocurrency is used for some illegal activity only says that it is a good tool, but not that it is a criminal tool. I do not know how true the information in this article is, but in any case it is obvious that this cannot be a claim to cryptocurrency. A good tool is used by both honest citizens and criminals.

I agree both. Even before crypto was born, those illegal activities are already happening. Now, that they have seen a good alternative option, they are just using it but I think they are just making a fuss out of it blaming the presence of crypto with the rise of illegal gambling activities. It just shows that crypto has a lot of applications and can give convenience to a lot of people. Sometimes the media will give the notion that it's crypto to blame with negative things whereas it has been in existence in the industry for so long already.

Nothing new and it would be always like that on where these shitty media will always focus out on negative aspects towards bitcoin or crypto.
They arent telling something negative towards traditional things which is far more worst but we cant really deny on how crypto would be the best place
to continue such act due to anonymity so these kind of things arent really that surprising though.

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Quote from: Naida_BR on April 23, 2020, 04:01:14 AM

Illegal gambling in Asian Football was a fact way before cryptocurrencies.
Those who are telling that cryptocurrencies are to be blamed for the rise of illegal gambling in Asia, are trying to do a propaganda.
I remember myself 20 years ago where people were trying to bet of Malaysian sportsbooks and gamble on Korean games in order to make some money from illegal betting.

Quote from: KTChampions on April 23, 2020, 05:14:02 PM

The fact that cryptocurrency is used for some illegal activity only says that it is a good tool, but not that it is a criminal tool. I do not know how true the information in this article is, but in any case it is obvious that this cannot be a claim to cryptocurrency. A good tool is used by both honest citizens and criminals.

I agree both. Even before crypto was born, those illegal activities are already happening. Now, that they have seen a good alternative option, they are just using it but I think they are just making a fuss out of it blaming the presence of crypto with the rise of illegal gambling activities. It just shows that crypto has a lot of applications and can give convenience to a lot of people. Sometimes the media will give the notion that it's crypto to blame with negative things whereas it has been in existence in the industry for so long already.

KTChampions

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The fact that cryptocurrency is used for some illegal activity only says that it is a good tool, but not that it is a criminal tool. I do not know how true the information in this article is, but in any case it is obvious that this cannot be a claim to cryptocurrency. A good tool is used by both honest citizens and criminals.

Naida_BR

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Illegal gambling in Asian Football was a fact way before cryptocurrencies.
Those who are telling that cryptocurrencies are to be blamed for the rise of illegal gambling in Asia, are trying to do a propaganda.
I remember myself 20 years ago where people were trying to bet of Malaysian sportsbooks and gamble on Korean games in order to make some money from illegal betting.

panganib999

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Quote from: rosezionjohn on February 14, 2020, 10:56:36 AM

That's according to this news report https://uk.reuters.com/article/uk-soccer-asia-corruption/soccer-asia-sees-sharp-decline-in-match-fixing-says-afc-idUKKBN2080EN

After linking bitcoin and other crypto with money laundering and online crimes, here comes another issue Cheesy

Quote

...traditional payments from financial institutions and wire transfers have switched to methods like cryptocurrencies or even payment in kind.

We have observed an increase in adoption of cryptocurrency as a payment method for illegal activities and a medium to bet.

It doesn't sound good that crypto is being used by illegal gamblers but it is just a medium of exchange that any individual can spend like fiats. I guess they found crypto, being borderless and censorship resistant currency, more practical to use for gambling.

No wonder why many people are having doubts on engaging into using cryptocurrencies because of this kind of people that uses cryptocurrencies for illegal activities and criminalities. Instead of using it for more useful ways for good adaptation, some people are making use of cryptocurrencies borderless features and capacities to provide convenient ways of payment. It just saddens me why people think negative ideas about the usage of cryptocurrencies because of the illegal activities that involves using of cryptocurrencies. But we must not inhibit a wrong generalization about crypto usage that it is just used for illegal purposes because it just depends on the individual on how they are going to use cryptocurrency.

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Not sure according to the article if those Asian countries are actually happy and glad that because of crypto currencies, match fixing on sports have reduced steeply and are grateful to crypto currencies or they are really frustrated and annoyed by crypto currencies due to "illegal gambling" activities. Really sad that they are blaming it all on crypto currencies. But yeah, its somewhat true that crypto currencies have made things like these easier to commit, but this doesn't means that crypto currencies are all bad and we should stop using them. Even before crypto currencies existed, people used to commit illegal activities with fiat currencies, but we are still using it!

Hippocrypto

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Quote from: imstillthebest on February 20, 2020, 03:19:22 PM

Quote from: joshy23 on February 20, 2020, 10:30:38 AM

Quote from: Naida_BR on February 19, 2020, 12:10:52 PM

From the time of creation Bitcoin and cryptocurrencies are blamed for money laundering.
We cannot say that it is not used for that, it is a real case. However, only the opponents are going to keep this as a feature of Bitcoin and neglect all the other positivities that stem from cryptos.

It's been used as we knew about it, but it's already evolving and many investors and establishments who also seen the benefits of this industry. We should look for the good side and not being stuck with the bad things that being broadcasted around the news. Look for the best side and aim to earned from this market.

easy man . many have claimed that this news is not legit . not only this but other negative news related to crypto are prolly the same . these guys prolly dont know if what is crypto and they are only linking it to many bad activities they can think of . on asia , china is popular for illegal gambling operations like for example here on our country many chinese here owned and operate illegal gambling business without permit but not totally realted to sports and crypto

Some groupd of rival gambling made a lot of trolls on fake news, so right now we must seek fact checking before considering those news becomes believable. Illegal gambling is rampant we don't have a proper confirmation yet that those are related to sports actually, through some per to per arrangements making their own bet but it's really beyond control because it's usually happening particular with football fanatics.

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Quote from: joshy23 on February 20, 2020, 10:30:38 AM

Quote from: Naida_BR on February 19, 2020, 12:10:52 PM

From the time of creation Bitcoin and cryptocurrencies are blamed for money laundering.
We cannot say that it is not used for that, it is a real case. However, only the opponents are going to keep this as a feature of Bitcoin and neglect all the other positivities that stem from cryptos.

It's been used as we knew about it, but it's already evolving and many investors and establishments who also seen the benefits of this industry. We should look for the good side and not being stuck with the bad things that being broadcasted around the news. Look for the best side and aim to earned from this market.

easy man . many have claimed that this news is not legit . not only this but other negative news related to crypto are prolly the same . these guys prolly dont know if what is crypto and they are only linking it to many bad activities they can think of . on asia , china is popular for illegal gambling operations like for example here on our country many chinese here owned and operate illegal gambling business without permit but not totally realted to sports and crypto

Theb

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Ever notice the news about statistics of illicit activities tied up with crypto doesn't follow up with updates regarding to arrests and seizure of operations? It really makes me wonder how the hell they even generate this data in the first place if you won't see any kind of action taking place after they provided it. I know Reuters is a reputable website to get some news in but what they provided is some kind of skit where it lacks informatio, they didn't even provide how Transparency International has come up with those numbers in the first place they simply just cut it off with the number without further explanations. Illegal gambling has existed for years now and suddenly this becomes a concern when cryptocurrencies are involved?

KTChampions

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Quote from: slaman29 on February 20, 2020, 05:48:21 AM

Quote from: Ailmand on February 19, 2020, 02:52:03 AM

Cryptocurrency had become a safe haven for illegal activities. It is not actually shocking that illegal gambling will use crypto in their activities since it offers anonymity. It is just sad that Satoshi dis not intend for crypto to be used to that extent.

Don't fall for the headlines and do your own research. It has been pointed out so many times, even by both sides of the regulation that so little of Bitcoin and crypto activity is related to illegal activity.

Banks and fiat currencies and other jurisdictions are safe havens. Not crypto.

I don’t understand why you argue with him. The fact is that cryptocurrencies have the properties of fiat money (anonymity), but they can be exchanged online. This makes them very convenient for criminal activities. The fact that other types of money are also involved in crime activities does not cancel this fact.

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Quote from: sheenshane on February 20, 2020, 09:09:40 AM

This isn't a new one, it is the same scheme has been here since day one. Most of them are created by Chinese nationals. It's just that its really easier to make transactions with cryptocurrencies.

Illegal gambling is really one of the reasons why the governments are noticing the crypto-space already. I hate it when I see these kinds of news on my screen. But we cannot do anything about it but to avoid joining the same schemes, that basically it.

The day will come and the Bitcoin will be fully regulated by the government(ain't know when its gonna happen or never be happen). The sense of Bitcoin gambling will die then.

It is pretty obvious that there are really illegal gambling in any games especially with sports and even Esports, there are so many illegal gambling that is happening but the thing is they are using cryptocurrency especially bitcoin in their gambling or making transactions because they already know that it is really easy to make a dealing transactions through the use of cryptocurrency so many gamblers and illegal gamblers are doing it. I hate to admit it but it is true about what you have been said about the government is noticing cryptocurrency because of the reason that a lot of illegal gambling is rising because of this so called cryptocurrency.

joshy23

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Quote from: Naida_BR on February 19, 2020, 12:10:52 PM

From the time of creation Bitcoin and cryptocurrencies are blamed for money laundering.
We cannot say that it is not used for that, it is a real case. However, only the opponents are going to keep this as a feature of Bitcoin and neglect all the other positivities that stem from cryptos.

It's been used as we knew about it, but it's already evolving and many investors and establishments who also seen the benefits of this industry. We should look for the good side and not being stuck with the bad things that being broadcasted around the news. Look for the best side and aim to earned from this market.

sheenshane

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This isn't a new one, it is the same scheme has been here since day one. Most of them are created by Chinese nationals. It's just that its really easier to make transactions with cryptocurrencies.

Illegal gambling is really one of the reasons why the governments are noticing the crypto-space already. I hate it when I see these kinds of news on my screen. But we cannot do anything about it but to avoid joining the same schemes, that basically it.

The day will come and the Bitcoin will be fully regulated by the government(ain't know when its gonna happen or never be happen). The sense of Bitcoin gambling will die then.

slaman29

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Quote from: Ailmand on February 19, 2020, 02:52:03 AM

Cryptocurrency had become a safe haven for illegal activities. It is not actually shocking that illegal gambling will use crypto in their activities since it offers anonymity. It is just sad that Satoshi dis not intend for crypto to be used to that extent.

Don't fall for the headlines and do your own research. It has been pointed out so many times, even by both sides of the regulation that so little of Bitcoin and crypto activity is related to illegal activity.

Banks and fiat currencies and other jurisdictions are safe havens. Not crypto.

goinmerry

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Quote from: Naida_BR on February 19, 2020, 12:10:52 PM

From the time of creation Bitcoin and cryptocurrencies are blamed for money laundering.
We cannot say that it is not used for that, it is a real case. However, only the opponents are going to keep this as a feature of Bitcoin and neglect all the other positivities that stem from cryptos.

But that's not what the topic is all about.

The topic is pointing out that illegal gambling partly increased since everyone can gamble with cryptocurrencies and people will get away from the countries regulation and law about gambling.

They have a point as people can gamble even in a country where gambling is declared illegal with the use of crypto. These gamblers have the freedom to gamble whenever they want.

Quote from: Oilacris on February 19, 2020, 06:29:26 AM

Why they cant post up illegal thing while using fiat? Huh

Read and understand fully the article mate lol.

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Quote from: Lakai01 on February 19, 2020, 12:32:57 PM

Quote from: Naida_BR on February 19, 2020, 12:10:52 PM

From the time of creation Bitcoin and cryptocurrencies are blamed for money laundering.
We cannot say that it is not used for that, it is a real case. However, only the opponents are going to keep this as a feature of Bitcoin and neglect all the other positivities that stem from cryptos.

The funny thing is: switch "Bitcoin" wirh "Dollar" and your statement is still valid. Bitcoin has a real value in Dollars, so it is no surprise that it is misused as a way to launder money, pay drugs and so forth, but so is almost ANY currency out there.

Regarding the topic:
Illegal gambling and sports manipulation is as old as competitive sport is and has nothing to do with Bitcoin. Of course it is used for such manipulations, too, but as said, almost any currency is.

in spite of anything still Crypto will be remain whether it used it in illegal or not, also not only Crypto can used for illegal gambling because most of the time they used fiat, they only used crypto when they know its really forbidden by law to not discover by investigation. Even crypto is the reason why illegal gambling is increase still there's a lot thing about that why many people are interested to it.

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Quote from: Naida_BR on February 19, 2020, 12:10:52 PM

From the time of creation Bitcoin and cryptocurrencies are blamed for money laundering.
We cannot say that it is not used for that, it is a real case. However, only the opponents are going to keep this as a feature of Bitcoin and neglect all the other positivities that stem from cryptos.

The funny thing is: switch "Bitcoin" wirh "Dollar" and your statement is still valid. Bitcoin has a real value in Dollars, so it is no surprise that it is misused as a way to launder money, pay drugs and so forth, but so is almost ANY currency out there.

Regarding the topic:
Illegal gambling and sports manipulation is as old as competitive sport is and has nothing to do with Bitcoin. Of course it is used for such manipulations, too, but as said, almost any currency is.

Naida_BR

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From the time of creation Bitcoin and cryptocurrencies are blamed for money laundering.
We cannot say that it is not used for that, it is a real case. However, only the opponents are going to keep this as a feature of Bitcoin and neglect all the other positivities that stem from cryptos.

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I think that crypto is not the main reason because I know illegal gambling activity,match fixing and other related illegal activities has been happening in Asia since the early 2000 or may be earlier.I don’t know if you guys remember sbobet.com that was the biggest global gambling portal in the 2000 and up to 2010.They accepted huge amounted bets for low divisions like 8th or 9th in Norway,Denmark and Sweden and people who placed those bets strangely lost them even if they were convinced of having valid info that the match was fixed.Probably the people running sbobet fixed for themselves.This has been going on at those times and I think it still does in some other illegal forms.

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