Topic: Is there a possibility of a Country to ban access to Crypto games? - page 5. (Read 585 times)
August 24, 2021, 06:57:06 PM
There may be many restrictions on a specific game, but there are many informational tools to skip them, in this sense I think it would be a lot of effort for a government to do so, also a government cannot handle satellite connections, there are nearby countries, such is the In the case of Venezuela and Colombia, many Venezuelans set up Colombian antennas and pay for Colombian internet and cable television services, that is a very elegant way to bypass such prohibitions. For some it is easier to acquire services from another country and it is paid on a regular basis, in fact in Venezuela itself you can pay for those services, and the government is so bad that it does not even have control of those things, because it is simply a lot of effort and he would be fighting a much smarter conglomerate.
August 24, 2021, 06:07:18 PM
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 
August 24, 2021, 06:06:59 PM
This is bad for the Axie players. If the government wants to milk from your earnings, then it's their rights too. There are many games out there anyway games come out every now and then and there is a wide new opportunity for gamers out there. One will be blocked others will open, it's going to be a battle for the government and ISP once players found a way to navigate. I'm sure there are tools out there to be used.
If they are just going to get tax from players, they could just do it to the apps in the country like the Strike app and forget about blocking games because its more money for the government if they won't be blocking anything at all from this industry.
If they are just going to get tax from players, they could just do it to the apps in the country like the Strike app and forget about blocking games because its more money for the government if they won't be blocking anything at all from this industry.
August 24, 2021, 05:58:43 PM
They can order ISPs to block the game's website if there is such. But these days everyone knows how to bypass such bans with a VPN. But if people convert their crypto gains through centralized exchanges, the government might have a chance to tax people. because centralized exchanges do KYC and might be forced to report on their user's trading activities.
August 24, 2021, 05:51:59 PM
Yes, it's possible some countries pass a law which includes NFT/Blockchain games in gambling category, banning all of them together. As these games become more popular and some people start losing their money by playing virtual games I think it's very likely to happen. All the government needs to do is to send a project to the legislative house and get it approved.
If the hypothetical law would work in practice or not it's another story. I can say it's really hard to ban/forbid online activity due to VPN and P2P transactions.
If the hypothetical law would work in practice or not it's another story. I can say it's really hard to ban/forbid online activity due to VPN and P2P transactions.
August 24, 2021, 01:56:59 PM
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.
Where is the company behind this game registered? They can easily extract those information if it is within their jurisdiction.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.
The platform may be "decentralized" but not the company. They can be taxed and have their business license revoked.
August 24, 2021, 12:50:04 PM
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.
August 24, 2021, 12:29:34 PM
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.
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