Usdt/usdc

**bitcoinLuke** · 12-05-18, 05:14 PM

Bookmaker does

**Shifty** · 12-05-18, 06:13 PM

Originally posted by bitcoinLuke

Bookmaker does

Interesting they take USDT. The USDC user agreement specifically says not to be used for illegal gambling.

**Optional** · 12-05-18, 06:28 PM

Originally posted by Shifty

Interesting they take USDT. The USDC user agreement specifically says not to be used for illegal gambling.

Who said BM is illegal gambling?

Certainly not any law where they are located!

**Shifty** · 12-05-18, 06:48 PM

Originally posted by Optional

Who said BM is illegal gambling?

Certainly not any law where they are located!

Well, Uncle Sam says it's illegal. Maybe it's ok to use it from other countries

**Optional** · 12-05-18, 07:10 PM

Originally posted by Shifty

Well, Uncle Sam says it's illegal. Maybe it's ok to use it from other countries

Does it really say "illegal gambling" in the terms?

And I'm not certain it's even illegal for you bet at BM in many states. Just illegal to facilitate money transfers for it.

**Shifty** · 12-05-18, 07:51 PM

Originally posted by Optional

Does it really say "illegal gambling" in the terms?

And I'm not certain it's even illegal for you bet at BM in many states. Just illegal to facilitate money transfers for it.

The idiots at USDC put "illegal gambling" in the same sentence with fraud, blackmail, extortion, ramsoming and terrorism financing. https://support.usdc.circle.com/hc/e...User-Agreement

**Optional** · 12-05-18, 09:18 PM

I guess they couldn't bring themselves to ban gambling use but wanted to make a bit of a show of it?

There is some forms of obvious illegal gambling I suppose. But tough to call a sportsbook operating in a legal jurisdiction illegal gambling if pushed to in a court I'd guess.

**xKMACKx** · 12-06-18, 12:19 AM

You realize that USDT was created by an exchange to keep the price of bitcoin propped up, right? The price could go to nothing overnight. That's why.

https://cryptovest.com/news/us-doj-launches-criminal-probe-into-bitfinex-tether-usdt-after-massive-bitcoin-btc-crash/

Tether (USDT) has Removed its Auditing Promise from its FAQ - Cryptocoin Spy

https://cryptocoinspy.com/tether-usdt-has-removed-its-auditing-promise-from-its-faq/

In a rather disturbing development, it appears popular stablecoin Tether (USDT) has removed its promises of auditing from its FAQ. Previously, a passage in the FAQ under the title “Is Tether transparent?” read: “Yes. Tether’s platform is built to be fully transparent at all times and is regularly audited. Every tether is backed 100% by […]

**4nic8ing** · 12-06-18, 03:23 PM

[QUOTE=xKMACKx;28225655]You realize that USDT was created by an exchange to keep the price of bitcoin propped up, right? The price could go to nothing overnight. That's why./QUOTE]

Bitfinexed is that you??

Just kidding. I agree with you that using Tether would be a horrible idea for the books.

**qsgsg** · 12-09-18, 08:35 PM

USDT seems to be lying about their reserves. Avoid them like a plague.

**milwaukee mike** · 12-09-18, 08:44 PM

Originally posted by Optional

Does it really say "illegal gambling" in the terms?

And I'm not certain it's even illegal for you bet at BM in many states. Just illegal to facilitate money transfers for it.

i was told by someone who would know, that it's not illegal to place bets online in the states... taking those bets might be illegal though

if gambling online is illegal then why hasn't one single person ever been prosecuted for it? holds about as much water as those stupid laws like it being illegal to put an ice cream cone in your pocket in georgia on a sunday

**Shifty** · 12-09-18, 10:38 PM

Originally posted by milwaukee mike

i was told by someone who would know, that it's not illegal to place bets online in the states... taking those bets might be illegal though

if gambling online is illegal then why hasn't one single person ever been prosecuted for it? holds about as much water as those stupid laws like it being illegal to put an ice cream cone in your pocket in georgia on a sunday

Perfectly legal to bet with illegal bookies.

**Yulia74** · 12-10-18, 01:11 AM

tusd - https://www.trusttoken.com/
pax- https://www.paxos.com/standard/

**Bsims** · 12-10-18, 07:24 AM

Originally posted by milwaukee mike

i was told by someone who would know, that it's not illegal to place bets online in the states... taking those bets might be illegal though

if gambling online is illegal then why hasn't one single person ever been prosecuted for it? holds about as much water as those stupid laws like it being illegal to put an ice cream cone in your pocket in georgia on a sunday

When I was a resident of Indiana, I looked into this. I concluded that it was a small misdemeanor, one notch below beating your dog.

**bitcoinLuke** · 12-13-18, 02:53 PM

[QUOTE=4nic8ing;28226558]

Originally posted by xKMACKx

You realize that USDT was created by an exchange to keep the price of bitcoin propped up, right? The price could go to nothing overnight. That's why./QUOTE]

Bitfinexed is that you??

Just kidding. I agree with you that using Tether would be a horrible idea for the books.

Haha, Binfinexed. That guy is off his rocker