RE: What Compelled @MagicDice to Exit Scam from Steem? (My FREE EPC Token Offer for Players Inside)
@blocksensei admitted that epicdice operates in a gray area. I'm sure he also knows that in some jurisdictions it's black and white as oppose to gray. Requiring KYC would mean many Americans would not be allowed to use their site. It would also prevent any Muslim country, half of Asia, parts of Europe and a lot of others from legally being able to use it. Many places don't allow unlicensed online gambling even if it's in "cryptocurrency", "tokens", or magic pixie dust- especially for people under 18. You can easily launder money in casinos that don't require KYC and it ruins the legitimacy of cryptocurrencies.
Spread your risk to other gambling DApps, there are a few of them out there. I wrote about some of the ones I've came across here https://steemit.com/gambling/@crypticat/expected-return-and-payout-from-gambling-with-steem
Posted using Partiko Android