Crypto Casinos in My Country: A Hidden System of Cash, Crypto, and Privacy

caravans

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1/ The rise of crypto casinos in my country isn't just about technology—it's about practicality and privacy.

2/ Most gamblers here aren't familiar with crypto or online withdrawals. They prefer cash. Many lack the education or tools to navigate complex digital systems.

3/ Enter the crypto casino owners: They found a simple solution. They set up crypto casinos but don't deal directly with gamblers online. Instead, they work with local hidden shops.

**4/ Here's how it works:

The casino sells "points" to local shops.

Example: 10,000 points cost 2,000 USDT.

The shops sell these points hand-to-hand to gamblers with local currency.


5/ When gamblers win, they don't need to worry about withdrawing crypto. They cash out their points directly at the shop in local currency.

6/ For the casino owners, this model keeps operations discreet. Shops handle the cash flow; owners handle crypto transfers. Privacy is preserved on both sides.

7/ This system bridges the gap between traditional gambling and modern crypto technology. It's a unique adaptation to local needs and realities.


I'd love to hear your thoughts. Are similar systems emerging in your country? Let's discuss.
 
1/ The rise of crypto casinos in my country isn't just about technology—it's about practicality and privacy.

2/ Most gamblers here aren't familiar with crypto or online withdrawals. They prefer cash. Many lack the education or tools to navigate complex digital systems.

3/ Enter the crypto casino owners: They found a simple solution. They set up crypto casinos but don't deal directly with gamblers online. Instead, they work with local hidden shops.

**4/ Here's how it works:

The casino sells "points" to local shops.

Example: 10,000 points cost 2,000 USDT.

The shops sell these points hand-to-hand to gamblers with local currency.


5/ When gamblers win, they don't need to worry about withdrawing crypto. They cash out their points directly at the shop in local currency.

6/ For the casino owners, this model keeps operations discreet. Shops handle the cash flow; owners handle crypto transfers. Privacy is preserved on both sides.

7/ This system bridges the gap between traditional gambling and modern crypto technology. It's a unique adaptation to local needs and realities.


I'd love to hear your thoughts. Are similar systems emerging in your country? Let's discuss.
Are you making money from this somehow ?
 
I don't know where are you from, but casinos are becoming a huge social problem creating hundreds of thousands of addicts and people with unpayable debts in many countries, and I'm talking about traditional casinos, sporting bet websites and this kind of stuff, not crypto.

And they are based and legally established in some random jurisdictions to avoid legal problems in many cases

Just sharing an experience with those websites
 
What that means?
Sounds good the thing of local casino’s and exchange Points with cash
yeah , all drug store have their admin panel and exchange casino point into cash , but if somone wins they pays from thier poket not converting winng point into usdt
 
I don't know where are you from, but casinos are becoming a huge social problem creating hundreds of thousands of addicts and people with unpayable debts in many countries, and I'm talking about traditional casinos, sporting bet websites and this kind of stuff, not crypto.

And they are based and legally established in some random jurisdictions to avoid legal problems in many cases

Just sharing an experience with those websites
indeed
 
I am not into casinos or crypto, but to me your method is an old method in the gambling industry: using a middleware to handle cash.

Correct me if I'm wrong.

I heard in Japan, where gambling is banned, they give you gifts instead of cash, for winning. And you can easily trade that gift back to cash in some places.
I heard the local shop method is a common method for handling casino money in many countries.

In my eyes, the gift, local shop, crypto are pretty much the same middleware.
 
Cryptocurrencies are safe but inconvenient, a practice that rewards supermarket owners for their risk
 
1/ The rise of crypto casinos in my country isn't just about technology—it's about practicality and privacy.

2/ Most gamblers here aren't familiar with crypto or online withdrawals. They prefer cash. Many lack the education or tools to navigate complex digital systems.

3/ Enter the crypto casino owners: They found a simple solution. They set up crypto casinos but don't deal directly with gamblers online. Instead, they work with local hidden shops.

**4/ Here's how it works:

The casino sells "points" to local shops.

Example: 10,000 points cost 2,000 USDT.

The shops sell these points hand-to-hand to gamblers with local currency.


5/ When gamblers win, they don't need to worry about withdrawing crypto. They cash out their points directly at the shop in local currency.

6/ For the casino owners, this model keeps operations discreet. Shops handle the cash flow; owners handle crypto transfers. Privacy is preserved on both sides.

7/ This system bridges the gap between traditional gambling and modern crypto technology. It's a unique adaptation to local needs and realities.


I'd love to hear your thoughts. Are similar systems emerging in your country? Let's discuss.
I'm not sure about this 'points' system. How do you explain these transactions to your taxman? And how do you ensure that this isn't a front for money laundering? Selling 'points' that are essentially casino chips in a local shop seems like a huge red flag.

Why not explore more straightforward methods like direct withdrawals to mobile wallets? It's more transparent and less risky.
 
1/ The rise of crypto casinos in my country isn't just about technology—it's about practicality and privacy.

2/ Most gamblers here aren't familiar with crypto or online withdrawals. They prefer cash. Many lack the education or tools to navigate complex digital systems.

3/ Enter the crypto casino owners: They found a simple solution. They set up crypto casinos but don't deal directly with gamblers online. Instead, they work with local hidden shops.

**4/ Here's how it works:

The casino sells "points" to local shops.

Example: 10,000 points cost 2,000 USDT.

The shops sell these points hand-to-hand to gamblers with local currency.


5/ When gamblers win, they don't need to worry about withdrawing crypto. They cash out their points directly at the shop in local currency.

6/ For the casino owners, this model keeps operations discreet. Shops handle the cash flow; owners handle crypto transfers. Privacy is preserved on both sides.

7/ This system bridges the gap between traditional gambling and modern crypto technology. It's a unique adaptation to local needs and realities.


I'd love to hear your thoughts. Are similar systems emerging in your country? Let's discuss.
I think all of these are excellent strategies for crypto casino owners to make cash. In my country you have to have a license to open a casino even in crypto. The license costs from 500k$ to more than 1 mil. So not everyone can open a crypto casino here.
 
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