Topic: Why do you want to play on casinos without KYC requirements? - page 9. (Read 778 times)
Privacy is a basic human right. It is as simple as this. You don’t have to explain anything you do to anybody unless it involves criminal activity and that’s the problem of the police forces. Do you do KYC everytime you spend your cash at the grocery store? Why would I send my passport scan to somebody I don’t know about? If you give up your right to stay private, they will come for more. Soon, you won’t have the right to own property. 2030 is incoming.
Probably to protect their privacy and some to get away with their illegal activities, because honestly I don't see any reason to hate KYC when it comes to gambling, this is so something that has nothing to so with decentralization, the government is aware and fully support it that's why they regulate casinos, so why the need to hide? There have been few lucky lottery winners around the world and they are well known, nothing happened to them when the news broke out, but I understand that not all countries are the same.
I choose to start gambling because there is now online gambling, what I don't want people to know about me is my involvement in gambling, and online gambling platforms solve the problem, I don't want my people to have a wrong sentiment about me and to avoid some lies and gossip about me that's why I don't do local casino gambling.
NYC's saved more than many realize, the damage that a casino who requests no KYC can do is way higher than the damages that a regulated casino can do, the gut that people have to share information with a non-regulated casino is crazy, some use their credit cards on such platform.
I choose to start gambling because there is now online gambling, what I don't want people to know about me is my involvement in gambling, and online gambling platforms solve the problem, I don't want my people to have a wrong sentiment about me and to avoid some lies and gossip about me that's why I don't do local casino gambling.
NYC's saved more than many realize, the damage that a casino who requests no KYC can do is way higher than the damages that a regulated casino can do, the gut that people have to share information with a non-regulated casino is crazy, some use their credit cards on such platform.
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1. In one word it's all about privacy. None want to share their personal detail online.
2. People who come to play from a country where gambling is highly prohibited. So they of course don't want to show their personal details to someone that can create a serious problem for him.
3. The benefits you added to your list, people want to bypass all of them without doing KYC
2. People who come to play from a country where gambling is highly prohibited. So they of course don't want to show their personal details to someone that can create a serious problem for him.
3. The benefits you added to your list, people want to bypass all of them without doing KYC
1. KYC requirements reduce money laundering.
This is not true. Money laundered are mostly in banks hidden in businesses people thought are legit.4. KYC requirement reduce scamming
How?5. KYC requirements can be used to restore accounts after it has been hacked. (Using the documents that were used by the original owner)
After the account has been drained by the hacker and no money left.7. KYC requirements can be used to reduce gambling addiction. (Identifying people that self-excluded or people trying to create new accounts)
Do not let us deceive ourselves, this is not true.Why would you want to avoid being identified, if you gamble legally and if you are not a criminal? Let's discuss the reasons why KYC are not advantageous for the gamblers and casinos?
Privacy.
I was thinking about this question over the weekend and I cannot seem to find legitimate reasons why people would want to play at casinos that do not require KYC verification.
1. KYC requirements reduce money laundering.
2. KYC requirements reduce under age gambling.
3. KYC requirements increase the possibility to hold people to account for their actions. (Exploiting casino systems)
4. KYC requirement reduce scamming
5. KYC requirements can be used to restore accounts after it has been hacked. (Using the documents that were used by the original owner)
6. KYC requirements adhere to government regulations and legitimize a casino.
7. KYC requirements can be used to reduce gambling addiction. (Identifying people that self-excluded or people trying to create new accounts)
8. KYC requirements can be used to enforce regional gambling restrictions.
Why would you want to avoid being identified, if you gamble legally and if you are not a criminal? Let's discuss the reasons why KYC are not advantageous for the gamblers and casinos?
Ps. I am playing Devil's advocate... if you did not notice it.
1. KYC requirements reduce money laundering.
2. KYC requirements reduce under age gambling.
3. KYC requirements increase the possibility to hold people to account for their actions. (Exploiting casino systems)
4. KYC requirement reduce scamming
5. KYC requirements can be used to restore accounts after it has been hacked. (Using the documents that were used by the original owner)
6. KYC requirements adhere to government regulations and legitimize a casino.
7. KYC requirements can be used to reduce gambling addiction. (Identifying people that self-excluded or people trying to create new accounts)
8. KYC requirements can be used to enforce regional gambling restrictions.
Why would you want to avoid being identified, if you gamble legally and if you are not a criminal? Let's discuss the reasons why KYC are not advantageous for the gamblers and casinos?
Ps. I am playing Devil's advocate... if you did not notice it.
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