Topic: Why not just gamble with fiat? - page 7. (Read 21295 times)
Gambler's are always looking were he/she can get easy and convinient to make money without hassle. Crypto currency is one of the best gambling games via online without hassle like wasting of time to go in tradional casino house to play gamble unlike in crypto anywhere we are can do gamble if the internet connection is.available.
The days of anonymity are over. All the casinos make you do KYC for large withdraws now. There may be a few left that don't but they are sketchy and are likely to just keep your coins in the end.
What counts as large withdrawals? How much, roughly would you say?
Also, why are more and more casinos insisting on KYC? They know customers don't like it, so they must be getting pressure from authorities for AML reasons. Or?
They were probably made to do the kyc by governments just like cryptocurrency exchange were made to comply. Gambling on decentralized platforms should be possible without kyc, so why not try them?
...also FIAT is heavily against the use of cards for use with gambling, it causes problems maybe even has an effect on credit score.
This is a very good point. The number of times I have had my cards frozen by the bank due to gambling deposits... insane.
Fiat casinos are actually regulated and you won't get some shady off shore website witholding your funds because you didn't pass a background check. It seems like none of these crypto services even offer anonymity and transactions are actually slower than fiat services. Whats even the benefit of using crypto to gamblefor you guys?
Crypto has lower transaction costs to me and also FIAT is heavily against the use of cards for use with gambling, it causes problems maybe even has an effect on credit score. Crypto is often way less trouble to use also consider many countries gambling is heavily taxed and restricted maybe even banned
I think majority of people who play fiat gambling now are either not aware of cryptocurrency gambling or do not know how to go about it yet. Majority have chosen cryptocurrency gambling over fiat because of the many advantages it has given over fiat gambling and overtime it has proved to be a more effective and a more secured medium for gambling.
I like the robbery instance you gave, just imagine after winning a fiat lotto and way home, one is been robbed and most times this robbery can be planned, you can imagine the trauma this would cause, while this cannot happen wit
Definitely right.Crypto gambling has more advantages compared to fiat gambling knowing it offers more bonuses and treats and the security it brings too far from fiat gambling.The robbery has always been a scenario to those who win from fiat gambling so if you want to be more safe after winning such games,then better to play on crypto gambling. I like the robbery instance you gave, just imagine after winning a fiat lotto and way home, one is been robbed and most times this robbery can be planned, you can imagine the trauma this would cause, while this cannot happen wit
The two obvioud advantages of using cryptos instead of fiat when depositing on casinos are:
- You can do it from anywhere in the world, and you are wrong about how long you transaction will take (for some cryptos, it can take less time than FIAT)
- Anonimity for small deposits/withdrawals.
Also, it is a way to let the world know about the existance of cryptocurrencies.
- You can do it from anywhere in the world, and you are wrong about how long you transaction will take (for some cryptos, it can take less time than FIAT)
- Anonimity for small deposits/withdrawals.
Also, it is a way to let the world know about the existance of cryptocurrencies.
Everywhere people doesn't get legalized support to gamble with fiat. In those legalized countries people make use of the chance, while the same is not gonna benefit the users from the gambling banned countries. For their desire gambling websites with cryptocurrency acceptance is the best choice over the fiat usage.
I don’t think gambling with fiat can in any way be compared to gambling with cryptocurrency.
Fiat gambling is cool actually but it is not for everyone, some rejoins or countries do not allow gambling and that definitely means fiat cannot happen in such countries and unlike cryptocurrency gambling, even residents of countries that do not allow gambling can do this at the comfort of their homes, and there are also people are shy to disclose to people they gamble, they just want to make their money secretly without anyone having traces to their sources of income, people like this would rather choose cryptocurrency gambling because it gives more privacy and lastly. Concurrency gambling is much more secured.
Returns and money saved in the wallet and can be withdrawn at will and unlike fiat, someone else is aware of your win and God forbid one becoming a target
You are basing your fact on the base of when block chain technology has been widely accepted, you can’t compare the acceptance of FIAT to CRYPTO and until crypto reaches every part of the world.Fiat gambling is cool actually but it is not for everyone, some rejoins or countries do not allow gambling and that definitely means fiat cannot happen in such countries and unlike cryptocurrency gambling, even residents of countries that do not allow gambling can do this at the comfort of their homes, and there are also people are shy to disclose to people they gamble, they just want to make their money secretly without anyone having traces to their sources of income, people like this would rather choose cryptocurrency gambling because it gives more privacy and lastly. Concurrency gambling is much more secured.
Returns and money saved in the wallet and can be withdrawn at will and unlike fiat, someone else is aware of your win and God forbid one becoming a target
FIAT gambling will still be better than CRYPTO currency gambling, how many of the world’s population has even heard about the block chain industry, in my country we have barely 5% of the population who have heard, known or accepted crypto currency in which only 3% of them are already using it but thinking of FIAT, virtually everyone in my country uses Dollars which Dollar exchange center is even one of the major business here. So FIAT gambling will always be more relevant than CRYPTO gambling.
I think majority of people who play fiat gambling now are either not aware of cryptocurrency gambling or do not know how to go about it yet. Majority have chosen cryptocurrency gambling over fiat because of the many advantages it has given over fiat gambling and overtime it has proved to be a more effective and a more secured medium for gambling.
I like the robbery instance you gave, just imagine after winning a fiat lotto and way home, one is been robbed and most times this robbery can be planned, you can imagine the trauma this would cause, while this cannot happen wit
I like the robbery instance you gave, just imagine after winning a fiat lotto and way home, one is been robbed and most times this robbery can be planned, you can imagine the trauma this would cause, while this cannot happen wit
basically people are gambling using fiat because most of the time they are buying coins using fiat and they are just playing online, the good thing gambling on cryptocurrency are, first, less hassle you can focus well. Second, you can control your playing time you can go back whenever you want to. The same thing when you are betting thru fiat of cryto is being risky, you can go for fast win or lose it is up to you.
for matches at the gambling table, fiat will be good.
Well thats what Actual or Real gambling means in which we are betting using Fiats in table,or tokens from casino as well in which i use to play daily from wayback when i was still single and addictedQuote
but when playing online casino, or jack, or something else, using crypto is the best and the best.
Ofcourse we can’t use Fiat in crypto gambling sites lol,but in some sites they are offering fiat for betting things that for me is more addicting and expensive The days of anonymity are over. All the casinos make you do KYC for large withdraws now. There may be a few left that don't but they are sketchy and are likely to just keep your coins in the end.
What counts as large withdrawals? How much, roughly would you say?
Also, why are more and more casinos insisting on KYC? They know customers don't like it, so they must be getting pressure from authorities for AML reasons. Or?
Maybe people will compatible with the gambling of cryptocurrencies casinos so it will also been and good way to develop the cryptocurrency field so I don't think trusting only one way kamling will not be enough write factor for development of this field.
We are very confident to gamble with cryptocurrencies and for the first choice of coin, it is bitcoin. Cryptocurrency casino's has existed and paving those gamblers that doesn't find confidence to gamble with those fiat casino's. And through it, that contributed to the market of cryptocurrencies until it was recognized. There's no one that stops people to gamble with fiat, you can do it as you want and you can gamble with crypto as you want, anytime.
for matches at the gambling table, fiat will be good. but when playing online casino, or jack, or something else, using crypto is the best and the best.
Maybe people will compatible with the gambling of cryptocurrencies casinos so it will also been and good way to develop the cryptocurrency field so I don't think trusting only one way kamling will not be enough write factor for development of this field.
Fiat casinos are actually regulated and you won't get some shady off shore website witholding your funds because you didn't pass a background check. It seems like none of these crypto services even offer anonymity and transactions are actually slower than fiat services. Whats even the benefit of using crypto to gamblefor you guys?
yes it may be a good point for sometimes but the chances depends on how a person decided to gamble he wants to gamble with cryptocurrency then no one should be stop him and the profit and loss only faced by him so the decision maker is each and every person. 
Fiat casinos are regulated which doesn’t make them safer for gambling with higher amounts. Fiat currencies are a good option in case you are going to gamble in a known casino rather than just trying your luck online. There are a lot of benefits which the decentralized casinos gives us which includes anonymity.
If you compare decentralized gambling with centralized, you will know that decentralized ones are a best option in case of anonymity. There are a lot of trusted gambling websites which are been regulating since years and which off course are trustworthy.
If you compare decentralized gambling with centralized, you will know that decentralized ones are a best option in case of anonymity. There are a lot of trusted gambling websites which are been regulating since years and which off course are trustworthy.
Digitally people are very comfortable with the online so there are lots of way available for them to choose which is best for them but my opinion is people need to choose which will be comfortable for them that's why they can make money and get interest for a long time.
Fiat casinos are actually regulated and you won't get some shady off shore website witholding your funds because you didn't pass a background check. It seems like none of these crypto services even offer anonymity and transactions are actually slower than fiat services. Whats even the benefit of using crypto to gamblefor you guys?
Well, one of the benefit of gambling using crypto currency for me is even the anonymity which not all crypto gambling sites require KYC registration, what is anonymous using FIAT if you still have to input your credit card details which your detail can still be gotten out no matter how secured you think the website is.Crypto gambling is much more transparent and hard to manipulate people with it and finally, we cannot dispute the fact that it has lower transaction fee compared to the FIAT transaction fee.
The days of anonymity are over. All the casinos make you do KYC for large withdraws now. There may be a few left that don't but they are sketchy and are likely to just keep your coins in the end.
I don’t think gambling with fiat can in any way be compared to gambling with cryptocurrency.
Fiat gambling is cool actually but it is not for everyone, some rejoins or countries do not allow gambling and that definitely means fiat cannot happen in such countries and unlike cryptocurrency gambling, even residents of countries that do not allow gambling can do this at the comfort of their homes, and there are also people are shy to disclose to people they gamble, they just want to make their money secretly without anyone having traces to their sources of income, people like this would rather choose cryptocurrency gambling because it gives more privacy and lastly. Concurrency gambling is much more secured.
Returns and money saved in the wallet and can be withdrawn at will and unlike fiat, someone else is aware of your win and God forbid one becoming a target
Well said which is "Accessibility" is one of the things why crypto gambling is much more preferred than with fiat where not all places can really able to play gambling because of their government jurisdiction towards it Fiat gambling is cool actually but it is not for everyone, some rejoins or countries do not allow gambling and that definitely means fiat cannot happen in such countries and unlike cryptocurrency gambling, even residents of countries that do not allow gambling can do this at the comfort of their homes, and there are also people are shy to disclose to people they gamble, they just want to make their money secretly without anyone having traces to their sources of income, people like this would rather choose cryptocurrency gambling because it gives more privacy and lastly. Concurrency gambling is much more secured.
Returns and money saved in the wallet and can be withdrawn at will and unlike fiat, someone else is aware of your win and God forbid one becoming a target
and with crypto it do open up the door for them to play without even being traced due to anonymity features of crypto and when it comes to big wins, no one would really know you and the fact that there are crypto gambling sites doesnt matter if you do won hundreds of btc and pays you out directly without any headaches.
Jump to: