# NFT's are Fundamentally a MLM-Type Scam Designed to Get You to Buy Crypto **URL:** \ **Category:** Out Of Pod Experience\ **Created:** [January 22, 2022, 4:48am UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814 "2022-01-22T04:48:11Z")\ **Posts on this page:** 1\ **Showing post:** 995
**Author:** ![an675](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/an675/32/399327_2.png) [@an675](https://forums.eveonline.com/u/an675)\ **Post date:** [March 14, 2022, 1:53pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/995 "2022-03-14T13:53:05Z")
> [@Aaron](#): > > If in the UK and ones earnings from ALL sources, full or part time PAYE job and they do crypto mining, then they will be taxed on their entire income. No they won’t, crypto mining income, because the coins are considered an asset rather than a currency don’t form part of your income tax. As an asset, gains from cryptocurrency are counted under capital gains tax which has a separate annual allowance to your income tax allowance, meaning you can earn currently £12,300 a year tax free from mining even if your are working fulltime, so most UK people mining will pay no tax on the income generated. --- _[View the full topic](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814)._