Hmmm, there is still some online gambling site that is not required KYC, that is why those people who are underage can still play because of that. Also, here ij our country there is a ton of gambling site that is not yet regulated by the govt and it is being promoted by different content creators whether in fb and tiktok, I know that fb has restrictions for it but still those content creator doesn't even care.
Some of the gambling sites doesn’t required any kyc,so this will allow the children to play the gambling at the age of 12-14.This is not the wrong one,but this children who get into the game at the age of 12-14 will get addicted to gambling very easily.Many gambling sites are not regulated by the government by getting bribe by the ministry and doesn’t take care on the gambling site.They won’t response until some people commit suicide for the loss in the game.The main reason for the school children suicide due to the loss in the game was the full responsible of the government and their parents.
That's true, and it happens everywhere. Children aged 12-14 can find casinos on social media or elsewhere. Highly curious people will learn what a casino is and how to play online gambling. Maybe they have heard about online gambling before but don't know what it is like. Finally, they know the fun of playing online gambling, and in the end, it might be like what you said: they commit suicide because they lost their money. This is really sad for these children, where they should be able to grow up well and enjoy their lives. But because they gambled beyond their limits, they ended their lives. All parents need to pay attention to this so they can supervise their children properly.
I think that we should not get carried away by these KYC things, because those are the excuses that the casinos and the different entities come up with to control, they also say that the KYC is the best for when there is no problem, that it is easier to determine and recover if there is a hack, I say that this is simple excuses, first if children who are 12-14 years old, if they enter a casino that has or requires a KYC, it is the total responsibility of their parents who have to be supervising them, It is not a problem of the casino, nor because the casino does not have KYC, that is only the worst thing they can tell us, there are many stories that they invent, also if a hack occurs, if they have a KYC they will steal the data plus the money of the players, it is a lie that they are going to return your money, unless it is a casino like stake.com that has a great capacity to respond to any problem like this, otherwise, to look for the money and resonmder would be done through the ID of the player and that's it, plus if something like this happens it is the responsibility of ciasno to respond for all the money of the players where something is stolen from them, so you don't have to get carried away by what they say, that's like the myths, with those things it's that the dominance of the big guys begins, KYC will never be good, privacy, anonymity, everything ends.
In another aspect, it could be said that those who are Pro KYC will always say things like this, there is nothing else they can do, in this order of ideas we can think that some things like these are what they always say so that people comply obligatorily and They tell you that in some way they are protected and no, it is not like that, what I recommend is that if you have a favorite casino, then they must comply with the KYC requirement so that you can play calmly and make a good withdrawal, I am not of those who leave KYC in each casino, I am one of those who leave KYC in the casinos that I consider are worth doing and that can always be fulfilled so that they do the best.
One of the reasons on why crypto casino gambling did really get that much attention or traction is just because of that anonymous engagement on which someone could really be able to play without even being known when it comes into their identity but since they are really that centralized or licensed then they are really that abiding with some laws which needs to be followed for them to be able to operate. Back in the days on which they dont really impose out KYC no matter what but now on the time that you do hit up a particular threshold then this is the time that they would really be asking one. Some wont really be seeing this as an issue?
Not at all because there are people or individuals who does really care about their personal identity. Speaking about site legitimacy then it wont really be talking only about Stake but rather there is really a specific list into that knowing that there are other platforms which do offer on the same thing and that what makes crypto people or gambler do really love them despite of these notable changes when it comes to identity verification.
Its true that these are things which are really that being abused and being used as an alibi for those scammy and shady behavior that they are tending to do but of course these are just only into platforms which are
non reputable.
Of course , in fact I am one of those who think that when a person in the near future goes to a Casino, it is because that casino will offer them some type of Privacy and anonymity, it is the easiest way to make any movie, because I know that the casnso will understand that the use of VPN will now be allowed, and there is nothing wrong with it, for me it does not violate any law, it is like limiting the internet, it is difficult, and I would say that it is almost Impossible, so this type of thing should not be allow under any circumstances, then in this order of ideas I can say very well that when a player understands that the problem will no longer be to do the KYC because there are casinos that allow the use of VPN then those that Say , Privacy is allowed , will be activated, or let them play with privacy coins, which is a cryptocurrency and they have every right to use them, so that they are as anonymous as possible, these types of things are what I think they will focus on in the near future.
Some players are clear about it, they are already playing in totally decentralized casinos, they know that the business model of every casino is when a player or players make a living in it, a casino can have everything up to date with the Law, but what do they do with people? or users who do not want to comply with Kyc conditions? How is it done there? A person who is really a lover of crypto and gambling does not like that any government, third party , takes Advantage of their movements in crypto and even less in a casino, because for that it is better to get into a FIAT casino where transfers can also be made. the bank and being able to play from there , it is very easy to do it , I don't see that things could get complicated in that Sense, so if we take it into consideration, it is not better to wait and whatever has to Happen until the casinos and casino owners Understand that the further this progresses, the greater the resistance will be ? The fees from Governments, and of many Entities, are not something that players like.