Is there a possibility of a Country to ban access to Crypto games?

[Taskford]

Right now, Government of my country is in a process of trying to track players/account holders of a one crypto game to ask for tax because of fast and good earning rate, and I think it's not possible. So in my conclusion if they can't tracked players, is there a possibility of a country to ban this NFT game? I want to know everyone's opinion.

How does the government do it? knowing crypto has no govern bodies so maybe they just finding a needle in a middle of the see for doing that maybe they will get a hard time to implement this since for sure no NFT gamers will declare there earnings as they didn't provide there details anywhere while playing their income generating games. If your afraid for the upcoming implementation better not to fill up any form since if you do that for sure you will be liquidated and force to pay taxes to that greedy agency.

[sirminesalot]

Right now, Government of my country is in a process of trying to track players/account holders of a one crypto game to ask for tax because of fast and good earning rate, and I think it's not possible. So in my conclusion if they can't tracked players, is there a possibility of a country to ban this NFT game? I want to know everyone's opinion.

It's just possible when the government thinks their citizens are spending or earning a lot of money and there are no impact or taxes that they could take from it, i think they will ban it for a healthier country economy.
But i don't think that could stop the prople on the country do it again in the future, because there are a lot IP bypass or VPN to play the game as if they play from another country, and VPN are cheap or even free (but the free one has some risk our data to be stealed).
So for me anything that in the internet, could not bannable by a country ban to prevent the people do it.

[jostorres]

Right now, Government of my country is in a process of trying to track players/account holders of a one crypto game to ask for tax because of fast and good earning rate, and I think it's not possible. So in my conclusion if they can't tracked players, is there a possibility of a country to ban this NFT game? I want to know everyone's opinion.

I think you might be talking about games like axie infinity. I haven't played the game so I guess I cannot exactly tell you what are the potential ways the government can track you. But most of these games are near impossible to be tracked because the transactions are happening on the blockchain and there's no data stored anywhere.

The title of the thread made me think that you are asking about gambling rather than gambling.

Technically, a country can ban all such games and then anyone found to be playing them is considered to breach the laws but those things will take years so not sure if you should be too worried about anything.

[gwdf1]

I think that it is quite possible for the government to ban crypto games as it can ban web-sites, for example, Binance got banned in my country, so I can’t use it. Also authouritives can track players as when you interact with centralised exchanges you get through verification using your documents. Or if you use other ways to get crypto, you use your card, it means that it is possible to track your bank account. Crypto is not as anonymous as some people consider.

[oHnK]

In my country tax authorities audit your returns and do lifestyle audits and if you cannot explain your income... then you in deep trouble. 

Not only in ur country, Tax officers in my country not only audit our income even our newly owned assets they ask to be taxed and we have to give our cash to them or all permits and legalities for our assets are hard to get. Just imagine you have to pay taxes on assets in the future that you don't have. Especially when it comes to income and BTC.

[molsewid]

The only way for you to avoid the tracking from your government is not to cash out the money to your bank account in a big amount because that can make the bank alarm sound and report to the government. The government can track players by their connection on the internet or filtering their connection so the government knows who the player is. But I do not think that will stop the players from playing the NFT game because they will use other ways to play the games.

Reading the thread I come to think that maybe the possibility of a certain country to ban crypto related especially NFT games I think is very much possible. I mean the government wanted to take taxes from the player in a certain platform that they don't have any control so maybe the only thing that they can do is to ban the said NFT game in their country. However, if this going to happen it would be a sad news for every players that earned a profit out of this NFT games.

[Kittygalore]

Yes there's a possibility but unless they're willing to be militaristic and surveillance state, they won't be able to stop the people from playing the game because there's a lot of ways to bypass bans in your country, just a little bit of technology know how to save you and your precious investment from being useless.

[lixer]

Are you talking about Axie Infinity? I think that a decentralized platform can't be taxed or banned by the government and it's going to be difficult for them to ban the game because people will find a way to bypass the ban and go on like it's not banned.

Our government now is planning to tax crypto investors and players, I think they can track it like how they track youtube vloggers to pay their taxes. They can’t tax the small earners but those who might ise the bank or if they have contact with the company they can probably. Im not sure yet how they will do it since its crypto and there many ways to cashout it bit soon they will sure yo figure it out especially now they see the interest of people in it

Even if they catch people who are playing these games or investing in crypto but how would they know what's the amount of money you are making playing these games or making these investments? Because, crypto is untraceable if used wisely and there's no way unless you are tortured that you would reveal the real income.

One can always pay a small amount on taxes and get away by making much more money. For example, if the government knows you are investing in crypto and making money, you can pay taxes on 10% of the profits and keep the 90% secret. There's no way they would ever come to know about it. I am not suggesting anyone of doing so but this is a possibility.

[Shenzou]

Right now, Government of my country is in a process of trying to track players/account holders of a one crypto game to ask for tax because of fast and good earning rate, and I think it's not possible. So in my conclusion if they can't tracked players, is there a possibility of a country to ban this NFT game? I want to know everyone's opinion.

Well if they are really dedicated to combating tax evasion and there are an overwhelming number of people who are using crypto to not pay taxes, that they definitely can a simple solution is they ip ban the website and any user that visits it regularly probably owns crypto and thus they do an  audit and some investigation on it, but for the most part none of the governments thus far have that as a main problem they they allocate the resources to it, but i believe with the popularity of crypto rising up and its price reaching high values in the future we might see them do so.

[arwin100]

Are you talking about Axie Infinity? I think that a decentralized platform can't be taxed or banned by the government and it's going to be difficult for them to ban the game because people will find a way to bypass the ban and go on like it's not banned.

Our government now is planning to tax crypto investors and players, I think they can track it like how they track youtube vloggers to pay their taxes. They can’t tax the small earners but those who might ise the bank or if they have contact with the company they can probably. Im not sure yet how they will do it since its crypto and there many ways to cashout it bit soon they will sure yo figure it out especially now they see the interest of people in it

Even if they catch people who are playing these games or investing in crypto but how would they know what's the amount of money you are making playing these games or making these investments? Because, crypto is untraceable if used wisely and there's no way unless you are tortured that you would reveal the real income.

One can always pay a small amount on taxes and get away by making much more money. For example, if the government knows you are investing in crypto and making money, you can pay taxes on 10% of the profits and keep the 90% secret. There's no way they would ever come to know about it. I am not suggesting anyone of doing so but this is a possibility.

Yes crypto is untraceable but if they audit the history of certain user they flagged using their binance,coins.ph or any other accounts where they can track there money flow then for sure the government can impose the law to the people which they tracked. If this will successfully implemented by them then we don't have a choice but to follow but hopefully the money taken from us will used for proper projects and will not go to corruption.

[carlfebz2]

Right now, Government of my country is in a process of trying to track players/account holders of a one crypto game to ask for tax because of fast and good earning rate, and I think it's not possible. So in my conclusion if they can't tracked players, is there a possibility of a country to ban this NFT game? I want to know everyone's opinion.

When the government is really serious on tracking those individuals who had been accessing those blocked or prohibited sites then the main thing that they would approach on would be the ISP itself.

but still wont be a complete thing for government to do so because people could just simply make use of VPN on where people could still access those sites that they do really like to visit on.

Speaking for NFT's game access then i dont see for it to be blocked just because of some taxation issues.

[xypos]

Right now, Government of my country is in a process of trying to track players/account holders of a one crypto game to ask for tax because of fast and good earning rate, and I think it's not possible. So in my conclusion if they can't tracked players, is there a possibility of a country to ban this NFT game? I want to know everyone's opinion.

Thing is though, what are they going to do to enforce the ban?

I don't think that there is really much to be honest. It's a decentralized game and perhaps they could remove the game app from the appstore or block the website, but a quick and simple VPN would get over that hump.

Don't worry too much about this. People have been calling a worldwide crypto ban for years now.

[stompix]

When did this thing you're talking about happen?   

I don't exactly remember but US court had something with bitcoin and ethereum at that time and they lost, that's what I recall from it. Or probably it's the Ripple case that I was recalling.

So you remember something that might be about something you recall and it might not be about bitcoin but about something else. Try harder, when has the US government completely lost in curt the means of taxing profits from bitcoin?
It might help a lot of people here cause the IRS seems to not know about that either.  
We both know that's not true, leave it like that.

One can always pay a small amount on taxes and get away by making much more money. For example, if the government knows you are investing in crypto and making money, you can pay taxes on 10% of the profits and keep the 90% secret. There's no way they would ever come to know about it. I am not suggesting anyone of doing so but this is a possibility.

How do you keep the other 90% secret?
You dig a hole in the ground and bury 90% of the tokens?

Once we're talking about taking profits it means you're going to spend those and everything!!!, everything is traceable. If you're in the worst situation, that you don't have a job and you're relying on only profit from different crypto deals or investments, if you're invited to the financial authority and they ask you what do you do for a living and how can you afford rent and food what are you going to tell?
Do you think they are stupid enough to believe your words since you neglected to declare that income in the first place? You know that a false income statement is a crime in almost every country, would you still stand by it?

The age of keeping a low profile, making a few hundred $ from coins, and staying under the radar is long gone, a lot of countries have regulations now, rules and laws, this is no longer a game for kids and some poeple will find out in a really bad way.

[imstillthebest]

your brain is too advanced and you think it will lead to ban .
 dont think like that mate because you only cause worry to yourself and to others .getting taxed is normal and it will be alright if they taxed players and earn less than banning the activity where they earn because they cannot earn something if that happens .
 i know there are countries before that didnt ban cryptos but they only tax the cryptos users so this is also possible in crypto games .

[minairia3]

Right now, Government of my country is in a process of trying to track players/account holders of a one crypto game to ask for tax because of fast and good earning rate, and I think it's not possible. So in my conclusion if they can't tracked players, is there a possibility of a country to ban this NFT game? I want to know everyone's opinion.

I think one thing for sure is that they are trying to track down some crypto players/account holders whose sole goal is to make more profit from these people. but this you don't need to worry about the cryptocurrency can't be controlled because it's decentralized nature they can't check it all just maybe you have registered KYC information item from them, about The problem of banning websites that can use VPN software features is now many and popular.

[Kong Hey Pakboy]

The platform may be "decentralized" but not the company. They can be taxed and have their business license revoked.

It doesn't even matter because the company doesn't operate in the country and they don't trade securities so they aren't under any laws that is for the securities. It's decentralized so that can only mean that they can't do a thing about it. Also, the government can ban all they want but remember that people will always find a way to access it.

[ipanks]

The only way for you to avoid the tracking from your government is not to cash out the money to your bank account in a big amount because that can make the bank alarm sound and report to the government. The government can track players by their connection on the internet or filtering their connection so the government knows who the player is. But I do not think that will stop the players from playing the NFT game because they will use other ways to play the games.

Reading the thread I come to think that maybe the possibility of a certain country to ban crypto related especially NFT games I think is very much possible. I mean the government wanted to take taxes from the player in a certain platform that they don't have any control so maybe the only thing that they can do is to ban the said NFT game in their country. However, if this going to happen it would be a sad news for every players that earned a profit out of this NFT games.

Yes, that will be sad news for every player who can earn well from NFT games. But that does not stop them to search for other ways because I am sure that if people can get the benefit, they will still find out more. If the government wants to take taxes from the NFT players, they should legalize the crypto, whether they like or not because people will react to that if they ban the crypto because of wanting to take taxes.

[dezoel]

As far as tracking goes, it's relatively simple to track all the players playing a game because you connect to these games via your IP address and with little refining of the traffic, they can easily get the data of all the players playing the game.

I would suggest you to pay the taxes because if I am not wrong, the taxes would be similar to what must be imposed on E-sports players playing games like DOTA2, LOL, CS:GO professionally. And normally, these taxes should not be too high for a regular gamer.

BVery interesting thread and one to keep an eye on how things unfold.

[sana54210]

It's just possible when the government thinks their citizens are spending or earning a lot of money and there are no impact or taxes that they could take from it, i think they will ban it for a healthier country economy.
But i don't think that could stop the prople on the country do it again in the future, because there are a lot IP bypass or VPN to play the game as if they play from another country, and VPN are cheap or even free (but the free one has some risk our data to be stealed).
So for me anything that in the internet, could not bannable by a country ban to prevent the people do it.

The thing is that crypto could be taxed, it could be taxed a lot and that means we are talking about nations losing so much money from taxation by banning it, and that doesn't make sense. If you are a nation that has $100 in crypto tax income, and $80 of that is hidden from you, you are still making $20, but if you ban them all then nobody could pay you taxes and that means you will get zero, that is just not possible and not acceptable.

This is why I think that people should not be afraid of their governments banning crypto, they should be excited to explain it to the government. Even on the worst cases like NK, you could convince them how much of money you could bring to the nation from the USA and you could convince that dictator to be happy about it. This is why I believe that governments neither should ban it, nor should the citizens should be afraid to get banned.

[DrBeer]

The question is, to what extent will the state really want to do this?
There are "totalitarian" ways, there are quite "civilized" ones.
An example of "totalitarian" solutions is full control of the network and traffic, such as in North Korea, China, etc. The state obliges backbone and local providers to monitor traffic (DPM systems, etc.), identify specified "markers" and provide information about such violators
An example of "civilized" solutions. If the gaming platform is official and operates in the legal field, the state fiscal system, through international regulatory bodies, may require the platform owners to either restrict access to the platform for citizens of their country, or request KYC data regarding players with registration from the country of interest. ..

I think there are many more methods to "identify" such players, but it all depends on the level of interest.