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Why is it so popular among online gambling transactions? Afaik to be able to withdraw money from a gambling site you will go through a screening (id, address ve
by samsonradu 9y ago
Why is it so popular among online gambling transactions?
Afaik to be able to withdraw money from a gambling site you will go through a screening (id, address verification) so anonimity is broken anyway.
- chrxr 9y agoUS banks aren't allowed to process transfers directly from gambling sites to players. So poker sites etc use Bitcoin as an intermediary step.
- logical42 9y agoSome sites do not require full blown identification for gambling when you use bitcoin. Coupled with the fact that it is a super convenient way to move large sums of money in and out (without waiting for wire transfer delays and whatnot), it’s a bit of a no brainer, at least in terms of convenience.