Is Bitcoin Gambling Safe?
Is Bitcoin Gambling Safe? When gambling with local currency is illegal, iGaming players may ask themselves if Bitcoin gambling is actually legal. It definitely is in countries where gambling is allowed, but the line can become quite blurry in countries like Indonesia that forbid gambling entirely. Here are several points to know on the subject, so gamblers can play with peace of mind.
Gambling with Bitcoins cannot be illegal as long as Bitcoins are legal
By that statement, we mean that as long as Bitcoins are declared legal in your country, nobody is going to come after players for enjoying their favorite pastime. Gambling is a fair use of your currency. Definitely, this would answer the question “Is Bitcoin Gambling Safe?”
Players cannot be tracked for Bitcoin Gambling
It is a known fact that Bitcoins or other cryptocurrencies are completely anonymous. As long as people don’t disclose their addresses publicly, they cannot be found. Furthermore, with the use of Virtual Private Networks (VPN), a completely legal line of software allowing people to hide their location, it is impossible to be found, meaning that it is not worth anyone’s time to try on locating you.
Online casinos operate legally with Bitcoins
There is a good reason why so many online casinos can exist and prosper. It is a normal, legal activity, authorized by the government in the countries they operate in, with the possibility to target any market they want, as Bitcoins are a rising global currency and store of value. Both operators and players have nothing to fear, as long as their gambling stays reasonable.
We hope that this article was useful to you and that you can now gamble with ease. To learn more about Bitcoins, where to gamble, or even create your own Bitcoin Online Casino, do get in touch with us, either by filling the form on our website, or directly by email/live chat. Thank you for reading!