With all the scandals that bitcoins have caused around the world, it is not surprising that many platforms—especially those of casinos or gambling—use them as a form of recurring gambling. This is observed in games of Blackjack, Poker, Dice, and even slots.
Several protocols demonstrate that these procedures are fair to the general public thanks to some transparent public blockchains. But even with all that, many US states are banned from using this resource, mainly because politicians cannot place bets on state money.
It is well known that Bitcoin has been used as a revenue resource in Spin Palace casino games practically since its launch.
At that time, users entered through well-known platforms like Stoshidice, the Sealswithclubs, and Just-Dice.com. These websites have run into many people who left a lot of money in cryptocurrencies and bets.
On one occasion, Erik Vorhees proceeded with the sale of Satoshidice at approximately 126,315 BTC, which amounted to about $11.5 million.
However, even with Bitcoin's online betting pages, many people residing in the United States cannot participate, thanks to the massive blockade against residents. This means that if a person is in the territory, his IP address can usually betray him, and he will not be able to enter.
In a more specific way, if a nation user enters through the Bitcoin Cash Game, the first thing they will see is a message that serves as a geographical blocker, explaining why playing with real money is impossible. Even with that, these same people can play with some chips considered "tests," which means they can still have fun.
Due to a patriotic action authorized by GW Bush, police officers have the right to arrest people who offer any service in online gambling by Americans.
It is contradictory that a country with freedom as its leading position cannot allow citizens to do everything they want with money earned on online platforms.
However, some states, such as Nevada, Pennsylvania, Delaware, and New Jersey, still allow poker. In addition, reservations for Native Americans are also included.
People are prevented from playing a quiet online poker game in the United States mainly because of legislation called UIGEA, which was approved by Congress and promulgated by President George W. Bush himself.
It should be noted that this law is quite complex and was added to a security project in the annual port law. Even sports websites are excluded, which incidentally have some regulatory requirements.
A law cannot process US citizens on an individual basis; the only thing it does is aim directly at companies that are not in the country, that is, foreign companies and foreign operators of casino games.
The UIGEA can give all law enforcement agencies in the country the necessary tools to criminalize all promoters of online betting services.
Public opinion believes that it is silly for Americans not to be allowed to bet online, which is even contradictory since Las Vegas is the capital of casinos in the world. Sites like Las Vegas and Atlantic City are legal regions where much of the economy is at stake, and thousands of people attend every year to play.
But these places do not abound; for the majority, they are too far away to go every weekend, so many left want to enter the casinos.
All of the above has given rise to an important debate: Why is it not allowed in most states while in others it is?
It is believed that virtual games would quickly boost the entire economy in the United States, but this would only happen if the UIGEA no longer existed because many casinos currently only operate in foreign lands. What would end up channeling money into the US economy?
Just think of the exuberant amount of people who want to bet. At the same time, the growth in jobs would be gigantic in customer service areas or even in software development.
Even though the UIGEA was promulgated in 2006, many attempts were found to include gambling for citizens. An example of this was in 2011 when US police agencies managed to stop up to three different types of operations that focused on virtual casinos: Pokerstars, Full TiltPoker, and AbsolutePoker.
Because of the information given by the police, they violated the UIGEA while cheating several financing institutions only to process a lot of money, such as a billion or even more, all coming from gambling platforms that served citizens.
Many believe this makes no sense, mainly because the government has insufficient grounds to condemn casino games. Well, yes, they do. The government wants to continue implementing a monopoly that uses force and coercion as a maximum point, allowing citizens to play manipulated lotteries by themselves.
For this reason, politicians have more opportunities to obtain certain types of funds from lotteries and companies under tax regulation.
Legalizing virtual games would mean losing control over the funds; some could be directly diverted to the approved operators.
When a voluntary consensus is created, elected officials cannot infringe their same unfair rules.
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