Is there a way to pay with BTC on steam?

[Adam ma velkyho]

Thank you fo help

[rawWwRrr]

No.

[my new friend]

Valve decided to end that service.
https://steamcommunity.com/games/593110/announcements/detail/1464096684955433613
Are you going to keep asking about crypto?
https://steamcommunity.com/discussions/forum/1/4543572701313585645/

[Chompman]

Now to wait until we can pay them with all of our nft's instead.

[Judgmental Amaterasu]

Originally posted by Chompman:

Now to wait until we can pay them with all of our nft's instead. :blissful_creep:

All your money is mine now muahahah *ctrl c ctrl v*

[❤ Sly Succubus ❤]

Didn't this guy already get like two threads closed that were the exact same thing?

[Satoru]

are you gonna pay with etherium, lets see what the daily gas fees are today.. OH only $50 dollars FOR A SINGLE TRANSACTION is it? Why on earth anyone things this nonsense is 'currency' is hilarious beyond belief

Valve will never accept bitcoin. Why because the 'currency' is fundamentally deflationary BY DESIGN.

But wait you say bitcoin drool-stooge! the value of BTC is goign up! How can that be deflationary. Note the value of BTC going up is only useful as an investment. If you want to use it as a currency then by definition it is deflationary. Because as you crypto goons keep wanting, the value of BTC goes up, the value of goods increases as well. Anything that is NOT an invenstement goes DOWN in value over time as the value of BTC goes up. This is futher compounded by the fact that all blockchains are so stupendously slow and are by design not scalable. Therefore you

1) either wait for the transaction to take the 10 minutes or several hours to process during which time teh value of your crypto-nonsense will fluctuate
2) or you pool all transactions and do it once, which, again in a world where crypto is magically goign up constantly means that any transaction you do at the beginning of the day will be worht less by the end

If your crypto-goober nonsense were actually a 'currency' it would introduce hyperdeflation. Because anything you buy today, will by definition, be cheaper tomorrow. devs would have to constantly re-price their games to match the ever deflationary spiral of your crypto currency de jour. Otherwise a game priced at 1.0 crypto-bs today will fundamentally be unaffordable in a few months where the equivalent would be 0.1 crypto-bs, meaning no one would buy games because there is a built in deflationary spiral

[crunchyfrog]

Nope and there likely won't be as it currently stands (unregulated).

The problem is it is TERRIBLE for businesses. You might find small businesses use this (or even certain large ones) but they are simply using them to get more custom. It's not a serious endeavour.

The fact is though as it's unregulated it's really unreliable.

Look at how Valve are dealing with the issues of Turkey and Argentina. They have frozen using certain payment methods there because their economies have collapsed. The simple problem there is that if Valve took a payment in that currency, it's so volatile that by the time it gets to their bank and exchanged they've LOST money.

So the same risk is with crypto. It's a great way for gamblers to make cash at other people's expense, but it is DREADFUL for regular business.