Buying games with cryptocurrency

[Czech]

I understand in the past that Steam used to allow purchases with BTC, but Valve decided to remove this feature due to extremely high fees. Since then Bitcoin was successfully forked to create BCH which is a chain that is committed to low transaction fees, safe 0-confirmations transactions, and big blocks in order to become a world-wide currency for daily transactions.

Would Valve be so kind as to allow purchases with BCH (Bitcoin Cash) on this platform?

[Satoru]

Why does every bitcoin sound like a grifter desperately trying to justify their own MLM scheme like an Amway agent who's snorted enough drugs to bankrupt Bolivia

Stop pretending your funny money is money. My Canadian Tire money has more real world value than this nonsense

[Radene]

Czech původně napsal:

i
I currently convert to fiat to buy games today, but adoption in the long-term is a far better way to benefit the majority of people in the world.

No, it's not. It only benefits those who own the lion's share of the crypto today.

[Start_Running]

Czech původně napsal:

Start_Running původně napsal:

If crypto is so great and easy to convert to real money, then there shoud be no shortage of people or banks wiling to forward you money for your crypto....right?...right?

Correct, there is no shortage at the moment of entities willing to give you fiat for BCH.

Then there's no issue. Use one of those.

[Czech]

Start_Running původně napsal:

Then there's no issue. Use one of those.

Agreed, thank you for acknowledging that Valve has access to many payment processors that would assist them in accepting payments in this way.

[Radene]

Czech původně napsal:

Start_Running původně napsal:

Then there's no issue. Use one of those.

Agreed, thank you for acknowledging that Valve has access to many payment processors that would assist them in accepting payments in this way.

Yeah, but why should they do it for you? What's in it for them?

[Czech]

Radene původně napsal:

Yeah, but why should they do it for you? What's in it for them?

That is a very good question: I am not entirely sure why they originally decided to accept these payments in the past. I would say that it would be beneficial for them for the same reasons.

[Mad Scientist]

Czech původně napsal:

Radene původně napsal:

Yeah, but why should they do it for you? What's in it for them?

That is a very good question: I am not entirely sure why they originally decided to accept these payments in the past. I would say that it would be beneficial for them for the same reasons.

It is not beneficial for them at all especially since prices and fluctuations can easily be exploited for personal gain, basically a form of theft.

It's not going to return, like all the exact same threads before you even Steam is saying it's not coming back. Let it die.

[Start_Running]

Mr. Gentlebot původně napsal:

Czech původně napsal:

That is a very good question: I am not entirely sure why they originally decided to accept these payments in the past. I would say that it would be beneficial for them for the same reasons.

It is not beneficial for them at all especially since prices and fluctuations can easily be exploited for personal gain, basically a form of theft.

It's not going to return, like all the exact same threads before you even Steam is saying it's not coming back. Let it die.

It might. Government backed cryuptos are becoming a thing...of course these aren't the cryptos the proponents of this idea will actuallly want., since it will be highly reguated by said government.

[Czech]

Mr. Gentlebot původně napsal:

It is not beneficial for them at all especially since prices and fluctuations can easily be exploited for personal gain, basically a form of theft.

It's not going to return, like all the exact same threads before you even Steam is saying it's not coming back. Let it die.

I did not realize that Valve recently made a statement on this. I will definitely look into it! Thank you for letting me know; I will revive this discussion in the future when I feel it is appropriate.

[Aachen]

Czech původně napsal:

Agreed, thank you for acknowledging that Valve has access to many payment processors that would assist them in accepting payments in this way.

Which?

[nullable]

Czech původně napsal:

I currently convert to fiat to buy games today, but adoption in the long-term is a far better way to benefit the majority of people in the world. It is neither inconvenient nor problematic to do this conversion, but having more payment options would make the process simpler.

The majority of the people in the world don't use crypto currencies. The demand isn't such that implementing something today is necessary.

I mean you see a future where everyone uses crypto, and since everyone is going to be using it anyway why not implement it now and help that future get here a little bit sooner right?

Unfortunately things may not work out like you expect. Long term might be another twenty years and the crypto currencies of today may be defunct by then. There's a multitude of reasons why you should expect most businesses to wait until the wild wild west days are over.

It's not like Valve is going to lose money because they don't support crypto. Not enough to matter. And I think a lot of businesses are going to be like, "Call me up when someone goes out of business due to lack of support for crypto."

Crypto currencies are interesting. A lot has been going on. But it's too messy and chaotic right now for most businesses to really want to wade into that. They're going to be perfectly fine waiting for some stability, regulation, and joining the winning team at the 11th hour.

[Start_Running]

Snakub Plissken původně napsal:

Czech původně napsal:

I currently convert to fiat to buy games today, but adoption in the long-term is a far better way to benefit the majority of people in the world. It is neither inconvenient nor problematic to do this conversion, but having more payment options would make the process simpler.

The majority of the people in the world don't use crypto currencies. The demand isn't such that implementing something today is necessary.

More interestingy, sionce its now become a thing for fund managers and whatnot, it is less ikelly that any normal people wi be able to get their hands on crypo. Its just going to be steadiy consolidaed into the hands of a few high capital investors.

At lleast unti reguation kicks in.

[nullable]

Yeah I think that's something crypto currency creators didn't bank on, and it's repeating the same mistakes that people who founded the Internet made. Both being founded on the idea of being decentralized and unable to be controlled.

But not understanding that once significant value is established in the thing, people with deep pockets will take it over for their own benefit rather than for any public service or collective good.

All those ideals, right out the window in reality.

[Aachen]

Snakub Plissken původně napsal:

Yeah I think that's something crypto currency creators didn't bank on, and it's repeating the same mistakes that people who founded the Internet made. Both being founded on the idea of being decentralized and unable to be controlled ....

The amount of ideologically-motivated nonsense underpinning (at least, but not exclusively) the Bitcoin variants is the far graver mistake—though as an intellectual exercise “what if no authority” is such a puzzle.

.... But not understanding that once significant value is established in the thing, people with deep pockets will take it over for their own benefit rather than for any public service or collective good ....

The niche has been a con artists’ buffet since the earliest days.

[Start_Running]

Snakub Plissken původně napsal:

Yeah I think that's something crypto currency creators didn't bank on, and it's repeating the same mistakes that people who founded the Internet made. Both being founded on the idea of being decentralized and unable to be controlled.

On he contrary I think it was their end game all along.

Have you ever wondered why the creator of Bitcoin is so keen on remaining anonymous?

But not understanding that once significant value is established in the thing, people with deep pockets will take it over for their own benefit rather than for any public service or collective good.

Its basiocallly a stock thats not tied to a company, an product, any any actual measurabel contributtion to the world. It is a stock based soley on what you can trick peoplle into believing it's worth...and thatexists in a mostly grey-area and blindspot in government tax policies.

All those ideals, right out the window in reality.

Ideas are the ies you tell to get public opinion on your side.