Using BTC for books is ridiculously convenient.
Ah, see, told you I was way out of the online poker loop...., then should be ready to play on Bovada where everyone is anonymous so HUD issues that X brought up won't apply (though I still appreciate the suggestion - it'd be a huge concern anywhere else).
Nothing wrong with wanting privacy but if the control structure wants its pound of flesh then they'll fight tooth and nail to get it.Problem is these books want you to send copies of Id to cash out nowadays even with bitcoin. I'm not comfortable with that, maybe wrongly so.
I'm guessing it's to prevent banking fraud. Didn't really look into it. You can trade right away, but you can't take it off site. Makes some sense I guess. If you got a hold of someone's bank account, bought Bitcoin and took it off site, there would be no recovering it.because of the funding method?