Will steam accept Dogecoin in the future?
I was just curious if Steam and our great benefactor Gabe are considering accepting the Moon currency Dogecoin in the future? Does anyone know or have opinions on if that would ever happen?
Originally posted by ReBoot:
Bicoin was tried & dropped for not being a practical currency for payments. You can't use something for payments which tops out at ~7 transactions/second (the particular number doesn't matter, what matters is it's existence and the low value) meaning things can go sloooow and just to make this worse, it's so volatile, you're ending up getting something else entirely (single-percent differences in a day) a day later. Which is soooo fun when just PAYING for things, not speculating. Dogecoin, being exactly the same wall just with a different coat of paint, got the exactly same properties, namely being impractical for payments->won't happen.
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Showing 16-27 of 27 comments
ReBoot May 8, 2021 @ 1:09am 
Originally posted by Satai_Delenn:
OK, please explain this. I've heard this statement made before, and I just don't understand. If the currency isn't real, HOW can it hurt the environment?
Mining. BTC (and pretty much all things cryptocurrency) was designed to make PCs/dedicated mining hardware burn power, then burn some more power and don't forget burning power. Most of that power that is burnt, is burnet for the lulz, without any return value, by design.
Last edited by ReBoot; May 8, 2021 @ 1:37am
May 8, 2021 @ 4:12am 
Originally posted by ReBoot:
Originally posted by Satai_Delenn:
OK, please explain this. I've heard this statement made before, and I just don't understand. If the currency isn't real, HOW can it hurt the environment?
Mining. BTC (and pretty much all things cryptocurrency) was designed to make PCs/dedicated mining hardware burn power, then burn some more power and don't forget burning power. Most of that power that is burnt, is burnet for the lulz, without any return value, by design.
Crypto mining is a huge use of power/resources, and a huge source of pollution as many miners still rely on coal power plants for their electricity.
Dodge is literally a meme currency with no purpose other than to troll the global financial system.

As amusing as it is, think about this when it's time to complain about crypto mining inflating graphics card prices.

Musk is actually guilty of market manipulation with dodgecoin, it's getting pretty damn close to being indictable, and in my humble opinion he's already guilty of it.
Last edited by hypercybermegatron; May 8, 2021 @ 4:48am
ReBoot May 8, 2021 @ 9:17am 
Originally posted by hypercybermegatron:
Dodge is literally a meme currency with no purpose other than to troll the global financial system.
... which is the same as Bitcoin. It's the exactly same sytem, the exactly same thing. The only difference is a mascot, otherwise, they're identical.
Halo May 8, 2021 @ 9:28am 
Save it for the drug dealers and criminals, it has always been their currency of choice.
Last edited by Halo; May 8, 2021 @ 9:28am
Originally posted by ReBoot:
Originally posted by hypercybermegatron:
Dodge is literally a meme currency with no purpose other than to troll the global financial system.
... which is the same as Bitcoin. It's the exactly same sytem, the exactly same thing. The only difference is a mascot, otherwise, they're identical.
They're both scams.

The dodgy guy who came up with bitcoin used a fake Japanese name Satoshi Nakamoto. A fake name is a key feature when it comes to scammers. He's engineered the currency so that there's no real world accountability for him, yet so that he benifits immensely from the currency.

I would love to know an estimated 2021 graphics card price based on real data if there was no crypto currency mining.

Crypto miners are scum. Anyone motivated by trying to get money for nothing using get rich quick schemes is a lowly dreg and burden on society.
Last edited by hypercybermegatron; May 8, 2021 @ 3:59pm
hypercybermegatron May 20, 2021 @ 12:29am 
This news probably won't affect the price of graphics cards due to the chip shortage, but here we are.

https://twitter.com/BNONews/status/1395005627886342146
Alucard † May 20, 2021 @ 11:38am 
I feel old.
I can't even wrap my head around how cryptocurrency and its economy works or why it was/is a thing.
Last edited by Alucard †; May 20, 2021 @ 11:39am
ReBoot May 20, 2021 @ 10:17pm 
Originally posted by ⎛ Alucard ⎞ ✟:
I feel old.
I can't even wrap my head around how cryptocurrency and its economy works or why it was/is a thing.
The thing is, it's pretty cool on a theoretical level. The tech behind it, as bad as it scales, is fascinating and the IDEAL of a decentralized government-free currency got something going for it, on a purely idealistic level.

It's just that it fails horribly in practice. But you don't usually care about practice if you like the ideal.
Campo May 21, 2021 @ 11:40am 
Originally posted by Iambetternyou:
I was just curious if Steam and our great benefactor Gabe are considering accepting the Moon currency Dogecoin in the future? Does anyone know or have opinions on if that would ever happen?
douchecoin
Radene May 21, 2021 @ 11:46am 
Originally posted by ReBoot:
It's just that it fails horribly in practice. But you don't usually care about practice if you like the ideal.

Or if you stand to profit off it while throwing others under the bus.

Always goes that way with ideals.
Start_Running May 21, 2021 @ 12:14pm 
Originally posted by ⎛ Alucard ⎞ ✟:
I feel old.
I can't even wrap my head around how cryptocurrency and its economy works or why it was/is a thing.
IT's basically a pyramid scheme. > Or a repeat of the SOuth Seas trading Company BUbble.
It's a stiock for a company that produces nothing, owns nothing, and manages nothing, but people have been convinced that its worth something.
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Date Posted: May 6, 2021 @ 2:43pm
Posts: 27