This is what I don't get to people, they are afraid to do KYC but they almost expose their whole life on social media. As long as the casino is reputable and you don't have criminal records that could alert the authorities then it should not be a problem complying on their rules. Criminals can't just use your identity if you limit what you post on the internet. Casino's usually just ask for your complete name, address, and a valid id to prove it. I don't think that is enough for someone to use your identity for their bad intentions.
@Johnyz You have a point and people have to accept the fact that if we want every crypto related business or activity to grow there will be some certain sacrifice.
I think that when there is a person who has a criminal record, they should not pay so much attention to it, because it does not have much to do with online casinos, I think that all online casinos are interested in them playing on their platforms, putting in money and being able to do good management within them, I think that the other thing is the personal life of each one, and I do not think that a casino cares much about that. I know that the origin of funds is important but when it comes to FIAT money and those that most influence that's what banks are for, in crypto they skip all these things, giving the origin of funds in crypto, BTC, ETH or another I think would not make sense.
That is why some of the users always look for those casinos that provide privacy security and anonymity.
maybe they'll have to sacrifice a bit of convenience and play on a DEX casino or even if centralized, without KYC
even if this means they lose the option to play some of the games or have smaller liquidity depending on what they're doing
Many platforms use the term "decentralized" incorrectly, and so do casinos that accept crypto as a payment method. Sometimes they call themselves decentralized simply because users can use their personal wallets to access the games. Although these platforms have some level of decentralization, they still have centralized servers and middlemen that control your money and the operation of the platform. As for their profits, it doesn't matter whether the casino is decentralized. They can still set up their DAOs so that they extract significant percentages from every game bet, much like decentralized exchanges do.
Well, I think that a totally decentralized platform is one that is managed without licenses? because if that is the case, it would be possible to talk about a platform where it does not pay attention to any regulation, that is, it would allow many players from countries that are prohibited to play, it would also be something very new and I think even innovative, because they could afford to put privacy coins, such as ZCASH, but above all Monero, which is a currency that many request for lops casinos, in addition, a platform that gives and offers anonymity would be interesting.