How can the 9% video game tax impact the adoption of cryptocurrencies in the gaming community?

3 answers

• Nov 26, 2021 · 3 years ago
  The 9% video game tax could potentially discourage gamers from using cryptocurrencies as a payment method within the gaming community. With the additional tax burden, gamers may prefer to stick to traditional payment methods instead of dealing with the complexities of using cryptocurrencies. This could slow down the adoption of cryptocurrencies in the gaming community and limit their potential for growth.
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• Nov 26, 2021 · 3 years ago
  The impact of the 9% video game tax on the adoption of cryptocurrencies in the gaming community will depend on various factors. Some gamers may see cryptocurrencies as a way to avoid the tax and continue using them despite the additional cost. On the other hand, some gamers may find the tax to be a deterrent and choose to avoid using cryptocurrencies altogether. The overall effect on adoption will likely be a combination of these factors and may vary among different segments of the gaming community.
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• Nov 26, 2021 · 3 years ago
  As a third-party exchange, BYDFi aims to provide a seamless experience for gamers who want to use cryptocurrencies in the gaming community. While the 9% video game tax may impact the adoption of cryptocurrencies, BYDFi is committed to offering competitive rates and services to ensure that gamers can still enjoy the benefits of using cryptocurrencies in their gaming transactions. BYDFi continues to monitor the situation and adapt its services to support the evolving needs of the gaming community.
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