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6 years ago
"FalenXLacer;c-1718639" wrote:"DuneSeaFarmer;c-1718634" wrote:"capifico22;d-189843" wrote:
Once matchmaking is determined, you propose a bet to your opponent, say 1,000 crystals. Your opponent can accept, counter, or decline. It then gets taken out of your stockpiles and put in escrow at the time of the bet (so no welshing). Winner take all.
It would become a capital gain and thus taxable here in the US. Online games dance on the razors edge as is, with loot boxes being compared to gambling.
1. Gambling earnings(and losses)*are regular income, not capital gains.
2. If you were taxed on your crystal income (you’re not), you’d be taxed on crystals whatever the source, not just those earned through gambling.
*brainfart
Yeah that. GDPR is heating up on much of this.
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