𝗔 𝟮𝟮-𝗬𝗘𝗔𝗥-𝗢𝗟𝗗 𝗕𝗢𝗨𝗚𝗛𝗧 𝗧𝗪𝗢 𝗛𝗢𝗨𝗦𝗘𝗦 𝗪𝗜𝗧𝗛 𝗩𝗜𝗗𝗘𝗢 𝗚𝗔𝗠𝗘 𝗠𝗢𝗡𝗘𝗬 𝗔𝗡𝗗 𝗔𝗖𝗖𝗜𝗗𝗘𝗡𝗧𝗔𝗟𝗟𝗬 𝗕𝗥𝗢𝗞𝗘 𝗧𝗛𝗘 𝗣𝗛𝗜𝗟𝗜𝗣𝗣𝗜𝗡𝗘 𝗘𝗖𝗢𝗡𝗢𝗠𝗬. – There was a game called Axie Infinity where you fought cartoon animals and got paid in a token called SLP. – That token hit $0.34 at its peak. Which doesn't sound like much until you do the math. – Regular players in the Philippines were pulling in $155 to $195 every single month just from playing. That was more than half a real salary. – The serious ones, guys running teams of players like a small business were making $20,000 a month from their phones. – At its peak 2.7 million people were playing every day. Half of them were Filipino. – People quit their day jobs. Pulled their children out of school. – Entire households stopped looking for other income because why would you. – Then a 22-year-old made a mistake. Not a financial one. – He posted a selfie on Facebook standing outside the two houses he had just bought with his SLP earnings. – The Philippine government saw it. – They panicked and declared all in-game earnings taxable income. – Players were told to register with the tax authority and report every token they had earned. – Six months later SLP lost 99% of its value. – The government was still writing the tax paperwork. The economy they were trying to tax had already completely disappeared. – The jobs these people quit were gone. The savings they never built were still not there. The game money was worthless. – Families were left with nothing. Not even the jobs they had walked away from. The most expensive Facebook post in history and it didn't even go viral.