AicecreaME
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 03, 2021, 02:18:26 PM |
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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 don't think the government is capable of banning the NFT games in an instant. If ever they would plan to do so, it would surely take some time and it wouldn't be guaranteed that they will totally hinder the players from bypassing the law. Nowadays, most people already knew how to bypass such banning of websites and the likes. They would certainly have a tough time in touching the decentralized game such as Axie Infinity even if they wanted to because the company is far ahead from their reach to begin with. The government can't even tax NFT unless the exchanging process of the tokens to fiat will go through a platform that requires KYC, which is regulated by the government. They won't be able to track every single player because KYC isn't even required in the game in the first place. Hence, the taxation would purely be voluntary because every transactions of each player can't be monitored. I just find it funny because way back when Axie Infinity isn't really well-known p2e game yet, they kept on saying it is a scam. Now that they knew that the players are earning money, suddenly they want to tax them. Such a shame to the corrupt officials who just want to take advantage of every single penny their constituents earn decently.
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blckhawk
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 03, 2021, 02:48:38 PM |
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If the developers or the company that owns the game is in that country and that country for whatever greedy reason there is, decided to ban crypto games or P2E games then probably they will be able to ban the access of it but if they aren't operating in that country then they won't be able to control that game in any other way besides being a tyrant to their citizens.
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arwin100
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 03, 2021, 02:49:49 PM |
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The government can easily ban the NFT games by collaborating with the ISP provider and block the connection. But people can use VPN to access the game or the provider to playing and earn money from the NFT games and nothing can stop them. I think the government will try to chase the tax from people because people can make a lot of money and the government will not let that happen without getting benefits.
But unfortunately not all NFT games allowed there users to use VPN due to some reasons so its still not good for us if government will ban those NFT games totally since we will lose a certain percentage of earnings what those NFT games generate to us so hopefully no banning will be issue and they collaborate together and government will put a legal laws and regulation towards NFT games for proper security of the players.
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geegaw
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 03, 2021, 03:39:50 PM |
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The government can easily ban the NFT games by collaborating with the ISP provider and block the connection. But people can use VPN to access the game or the provider to playing and earn money from the NFT games and nothing can stop them. I think the government will try to chase the tax from people because people can make a lot of money and the government will not let that happen without getting benefits.
But unfortunately not all NFT games allowed there users to use VPN due to some reasons so its still not good for us if government will ban those NFT games totally since we will lose a certain percentage of earnings what those NFT games generate to us so hopefully no banning will be issue and they collaborate together and government will put a legal laws and regulation towards NFT games for proper security of the players. Some games actually have the ability to format VPN usage as a conduit for hackers to attack, especially for games where the user invests too much, the developer defines a solid defense system and prevents third-party software such as VPN from accessing, once faced with this situation and the government ban, our account in the game will probably say goodbye forever. However, NFT games as well as crypto are the individuals who have not caused significant damage, even with several cases of fraud, governments still do not ban access, there seems to be a lot of ambiguity and users like us still don't know
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Dread Pirate Roberts
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 03, 2021, 03:49:08 PM |
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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.
Very likely . even in my country the ISP that I use has blocked access to some "NFT" finance games, so it depends on the games too. if there is something that violates the rules in a country, it is very likely to be blocked. such as NFT games that having strong gambling elements compared to the gameplay or something that contrary to state regulations.
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Cling18
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 03, 2021, 04:41:19 PM |
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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.
If they couldn't track the players, they could just simply ban the game by blocking it in your country. If they really want to apply tax, they could do it whenever players do a local transaction through withdrawal charges. To be honest, even huge countries can't track crypto users so they just simply block the crypto games or even gambling sites.
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haidil
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 03, 2021, 08:43:15 PM |
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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.
These are just rules made only for the personal benefit of those who want to limit crypto freedom in a country. If they are looking for liquid accounts that have large balances of crypto generated by a game, doesn't it look shameful how they ask for taxes but the policy regarding the legality of crypto in the country is just a bias rule?
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rosenbauer02
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September 03, 2021, 11:44:26 PM |
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It's possible that accessing or playing nft or crypto games can be banned and have a law that whoever found gambling or playing nft/crypto games will be put to prison. More likely an IP ban so that people from that country can't access the site but it could be possible using VPN.
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grabpopcorn536
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September 04, 2021, 01:53:09 PM |
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It is not possible to ban a decentralized game, but the government can ban connections to the game using its firewall system. And of course, only China has such strict control, besides Russia and China, I can't think of any other country that can afford it but the US. Of course, the US is in favor of crypto. Recently, the Philippine government wants to tax Axie players. That is no good.
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timerland
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 04, 2021, 09:33:09 PM |
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Not a possibility in my opinion.
If they wanted to actually ban a game then they'd have to not only draft it into their legislation (which is going to pose some issues at least in democratic countries), but also find a way to actually police the ban.
It's very hard to mutate any data stored on the blockchain that is designed to be immutable. Games and coins that are hosted on the blockchain are therefore quite resistant to political pressure.
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jaysabi
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★777Coin.com★ Fun BTC Casino!
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 05, 2021, 05:55:59 AM |
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Not a possibility in my opinion.
If they wanted to actually ban a game then they'd have to not only draft it into their legislation (which is going to pose some issues at least in democratic countries), but also find a way to actually police the ban.
It's very hard to mutate any data stored on the blockchain that is designed to be immutable. Games and coins that are hosted on the blockchain are therefore quite resistant to political pressure.
You don't need to change the blockchain in order to cut off access. It's as simple as getting ISPs to block access to the sites. The easiest way to enforce taxes is to get the cooperation from the website itself, and if they refuse, you deny them people the ability to access the site through the ISPs with a court order declaring the website out of compliance with your laws. Cut off the flow of customers to the website and they'll be likely to comply.
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dark1234
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 05, 2021, 10:18:50 AM |
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the government can't prohibit it maybe it can only break access/blocking in the country itself according to the technology and information technology law policies that have been set, but things like this will be detrimental to the government because it reduces one of the inputs to the state treasury. cooperation is the most appropriate thing;the company that provides crypto game services so that they can receive data from game players so that they can collect taxes on each player
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sana54210
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September 05, 2021, 08:40:35 PM |
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Not a possibility in my opinion.
If they wanted to actually ban a game then they'd have to not only draft it into their legislation (which is going to pose some issues at least in democratic countries), but also find a way to actually police the ban.
It's very hard to mutate any data stored on the blockchain that is designed to be immutable. Games and coins that are hosted on the blockchain are therefore quite resistant to political pressure.
You don't need to change the blockchain in order to cut off access. It's as simple as getting ISPs to block access to the sites. The easiest way to enforce taxes is to get the cooperation from the website itself, and if they refuse, you deny them people the ability to access the site through the ISPs with a court order declaring the website out of compliance with your laws. Cut off the flow of customers to the website and they'll be likely to comply. And that could be useless with just one VPN, hell use opera and it has a built-in VPN so you will be going to any website you ever want without caring about what government or ISP says. I have a bunch of blocked website in my nation and I do not care about it at all, I go to them all the time, even bitcointalk itself was blocked for years and I still used a VPN and came here and messaged daily almost every single day. So ISP doesn't matter, governments doesn't matter, blockchain can't be banned and all you have to do is overwrite the blocks they put in and you will be doing fine. Governments can only make it harder, do not allow exchanges, do not allow people to trade, or own, and that would be scary for a while but we will get it together with VPN and P2P and everything will be back on track without any problems after a while.
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Maslate
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 05, 2021, 10:56:50 PM |
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It is not possible to ban a decentralized game, but the government can ban connections to the game using its firewall system. And of course, only China has such strict control, besides Russia and China, I can't think of any other country that can afford it but the US. Of course, the US is in favor of crypto. Recently, the Philippine government wants to tax Axie players. That is no good.
This has come to the point why the government is hunting those who play Axie Infinity and those who earn big amounts from gambling as they keep posting on social media how much they could get from this. If they are just silent and never do that, the government never knows it in the first place. But sad to say that is going to happen now, if the law will be going to release and approve, then that was the time they have to pay taxes for it otherwise this Axie game will be banned.
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uneng
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 05, 2021, 11:48:33 PM |
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It is not possible to ban a decentralized game, but the government can ban connections to the game using its firewall system. And of course, only China has such strict control, besides Russia and China, I can't think of any other country that can afford it but the US. Of course, the US is in favor of crypto. Recently, the Philippine government wants to tax Axie players. That is no good.
This has come to the point why the government is hunting those who play Axie Infinity and those who earn big amounts from gambling as they keep posting on social media how much they could get from this. If they are just silent and never do that, the government never knows it in the first place. But sad to say that is going to happen now, if the law will be going to release and approve, then that was the time they have to pay taxes for it otherwise this Axie game will be banned. It was just a matter of time until Philippine's government made a statement about Axie Infinity since the game is so popular there. In fact, there is no way to keep the popularity of Axie hidden, because even if people don't post their earnings at social medias, they talk about it with their friends, at work and this talk never ends, reaching to the government's ears at some point. I think the game wouldn't be so successful right now if people had a different approach when sharing their experience with Axie Infinity. After all, marketing is also a very important factor when growing the audience of a product or service. Undesired attention from governments is just a bad and inevitable consequence of the game's popularity. It could be worse if Philippines' government acted like Thailand SEC, which completely forbade NFTs and DeFi investments.
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cheezcarls
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 06, 2021, 12:53:10 PM |
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It is not possible to ban a decentralized game, but the government can ban connections to the game using its firewall system. And of course, only China has such strict control, besides Russia and China, I can't think of any other country that can afford it but the US. Of course, the US is in favor of crypto. Recently, the Philippine government wants to tax Axie players. That is no good.
This has come to the point why the government is hunting those who play Axie Infinity and those who earn big amounts from gambling as they keep posting on social media how much they could get from this. If they are just silent and never do that, the government never knows it in the first place. But sad to say that is going to happen now, if the law will be going to release and approve, then that was the time they have to pay taxes for it otherwise this Axie game will be banned. It was just a matter of time until Philippine's government made a statement about Axie Infinity since the game is so popular there. In fact, there is no way to keep the popularity of Axie hidden, because even if people don't post their earnings at social medias, they talk about it with their friends, at work and this talk never ends, reaching to the government's ears at some point. I think the game wouldn't be so successful right now if people had a different approach when sharing their experience with Axie Infinity. After all, marketing is also a very important factor when growing the audience of a product or service. Undesired attention from governments is just a bad and inevitable consequence of the game's popularity. It could be worse if Philippines' government acted like Thailand SEC, which completely forbade NFTs and DeFi investments. As Philippines is one of the friendliest countries in the crypto and blockchain space, I don't like to see them end up like Thailand. For sure, Thailand would be left behind if they can't embrace NFTs, DeFi, etc. Worse of all is China, where they are anti-crypto by cracking down on Bitcoin mining, exchanging, ICOs, etc, on top of their "Great Firewall". I assume that the Philippine government would welcome this development because they realized how Axie Infinity and blockchain games can contribute to the economy as long we are paying taxes for sure. Only death and taxes are guaranteed in our lives to the very end. It's the lifeblood of the government, whether you support or criticize them, a law is a law and we have to oblige. And of course, Filipinos are still under the "Income Flexing Pandemic" where they can't just stop themselves showing their money, house and lot, cars, etc., instead of staying low key.
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isabellel2
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www.cd3d.app
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September 13, 2021, 11:55:07 PM |
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there is a possibility that the NFT game in your country does not pay taxes or you live in a country that does not accept cryptocurrencies, but to overcome this you can use some software VPN and my advice is that you don't worry too much about banning the NFT game because this is a decentralized blockchain game, no one can control or ban it by the government.
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▆▆▆▆▆▆ :[CD3D]: ▆▆▆▆▆▆ DeFi & Gaming, meet Play. Trade. Hold. WIN. www.cd3d.app
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dupee419
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September 14, 2021, 07:22:22 AM |
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Majority of the people here speaks for Axie Infinity, just like Bitcoin, NFT games are decentralized, but since NFT games includes servers and such, Governments may not have the power to ban these games but I am sure that our ISPs can cut off our access to Axie servers or even any NFT game out there, although having a VPN can fix the problem, however, I am sure that the amount of users would start to decrease, and because of this, Axie is forced to follow what the government demands, taxes.
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bitgolden
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September 15, 2021, 04:03:39 PM |
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Majority of the people here speaks for Axie Infinity, just like Bitcoin, NFT games are decentralized, but since NFT games includes servers and such, Governments may not have the power to ban these games but I am sure that our ISPs can cut off our access to Axie servers or even any NFT game out there, although having a VPN can fix the problem, however, I am sure that the amount of users would start to decrease, and because of this, Axie is forced to follow what the government demands, taxes.
Considering how laggy axie has been in the past, I am sure if they are not given any rights in most nations and have to find some island nation of who gives a damn to build their servers on, then they will definitely have a horrible period until that is finished which will definitely be something horrible for the business. Many people will leave, not many will be left to continue playing because there won't be too many people buying SLP and that will drop the price (like it has recently) which would make playing not too profitable and people would leave and recovery will be hard. This is why axie should foresee this and make sure they could actually recover a lot quicker, maybe build one somewhere way beforehand. In any case, games could be banned by nations via ISP's for sure, crypto can't be but games uses servers and that could be banned.
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Ucy
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 15, 2021, 04:28:26 PM |
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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.
So a government bans a game simply because it can't be taxed, even if the game is good/safe? Well, if the game is dependent on the government to function it'd probably be ok to tax it. Otherwise the best the government could do it to beg the users to contribute part of their earnings to society/government.
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