Should STEAM Accept Shiba Inu Crypto as currency?

[Mayhem]

I think Steam needs to accept Shiba Inu coin as payment! It would be awesome to buy games with Shib!!

[[N]ebsun]

Цитата допису Quint the Alligator Snapper:

I don't get that logic.

First, this assumes that they're itching to ban things, when they already have their hands full with other matters.

Furthermore, if there's something they don't like, it's easier to just not lift a finger and hope that it goes away than to make a big deal of it by banning it.

So there would be no reason to have their meeting in the first place ? Just sit back and let the problem take care of itself ? It seems that not lifting a finger is the opposite of what they do - they seem to have a massive influence globally.

Second, if they have the power to ban things, then they already have their resources stored/invested/etc. in more conventional assets, and would have no need for crypto. Sure, they could invest in crypto, but that would just be exposing themselves to far more risk unnecessarily.

And finally, the basic schtick of cryptocurrency is to go outside of monetary systems that are associated with financial backing in the form of established governments and legal systems.

Those 2 go together, there are a lot of restrictions and regulations on conventional assets - not so much on crypto.

If someone was in a position of power to control policies, regulations, or laws affecting the value of conventional assets they own, there are a lot of legal issues. Imagine if an oil giant was in control of the policies / regulations / laws regarding oil, or if a pharmaceutical company was in control of policies / regulations / laws regarding medicine.

If their assets are in crypto, and they can influence the policies, regulations, and laws regarding crypto, there are pretty much no issues.

[Mad Scientist]

Цитата допису FOXDUDE69:

Цитата допису Mr. Gentlebot:

False equivalency and overly dishonest by taking it entirely out of the full context which gives overly important details.

Next.

"Important details" from someone who doesn't seem to have a clue about the subject he is opining on. The crypto world has been largely moving away from proof of work to proof of stake

Crypto is largely still based upon work effort applied, thus an immense burden on the entire system. The move away from it is slow. Try not being dishonest about things you want, it doesn't add any validity.

Цитата допису FOXDUDE69:

and other far more energy efficient consensus protocols. You probably don't know what any of that means, nor have a clue what Web 3.0 is. It's not a false equivalency, much less dishonest to say you have about as much of a clue what you are talking about as the people who said the internet was a fad, lol.

Again, Crypto is primarily actual effort from systems, thus an immense burden on all of the systems, thus resources. It's not catching on in a feasible manner, and the comparison to the internet is extremely poor. If you want to go off tangent, I could easily ask you to demonstrate such knowledge by giving me specific pieces of software that I specifically will look for you to name, as well as available areas/services within such a 'decentralized' system that is still overly dependent on centralized infrastructure. Perhaps instead of deflecting and becoming childish each time you receive feedback contrary to your personal beliefs, present rational responses backed on reality. You seem to not handle disagreements well, if the game hubs are to be a demonstration as well.

As is, immense burden. If someone can change it from massive energy vampire to functional, stable, and not massively used for pump-and-dump while also being able to have it widely accepted in a world economy where you can pay all of your bills, then we can say it's catching on.

Did you forget about Crypto being the leading cause of the GPU shortage next to COVID? Clearly it's still based upon effort.

[Quint the Alligator Snapper]

Цитата допису Lord Sir Dr. Nebsun (PhD):

Цитата допису Quint the Alligator Snapper:

I don't get that logic.

First, this assumes that they're itching to ban things, when they already have their hands full with other matters.

Furthermore, if there's something they don't like, it's easier to just not lift a finger and hope that it goes away than to make a big deal of it by banning it.

So there would be no reason to have their meeting in the first place ? Just sit back and let the problem take care of itself ? It seems that not lifting a finger is the opposite of what they do - they seem to have a massive influence globally.

The climate change conference isn't even about cryptocurrency.

Unless you think it is and everything is just a big conspiracy. Oh, part of that conspiracy requires assuming that they have this "massive power globally" to just ban things whenever they want, except there are a bunch of domestic legal and political obstacles to doing things like that in reality.

Цитата допису Lord Sir Dr. Nebsun (PhD):

Second, if they have the power to ban things, then they already have their resources stored/invested/etc. in more conventional assets, and would have no need for crypto. Sure, they could invest in crypto, but that would just be exposing themselves to far more risk unnecessarily.

And finally, the basic schtick of cryptocurrency is to go outside of monetary systems that are associated with financial backing in the form of established governments and legal systems.

Those 2 go together, there are a lot of restrictions and regulations on conventional assets - not so much on crypto.

If someone was in a position of power to control policies, regulations, or laws affecting the value of conventional assets they own, there are a lot of legal issues. Imagine if an oil giant was in control of the policies / regulations / laws regarding oil, or if a pharmaceutical company was in control of policies / regulations / laws regarding medicine.

If their assets are in crypto, and they can influence the policies, regulations, and laws regarding crypto, there are pretty much no issues.

...you just gave an argument for why those supposedly-powerful world leaders don't "have the most money in crypto" -- if so, they would have "influenced the policies, regulations, and laws regarding crypto", but said "policies, regulations, and laws regarding crypto" are few if even present at all, as you observed.

[On Vacation]

Steam will do whatever makes them the most money with the least amount of work involved. However, I would not count on this occurring again if Crypto remains as volatile as it has been in the last 5 or so years. That causes more work and costs them more money then stability would.

Valve took a chance on this in 2015 and while Bitcoin was volatile even then, that was nothing to what was seen just a year later. As far as the alt coins though, seriously don't hold your breath.

[FOXDUDE69]

Цитата допису Mr. Gentlebot:

Perhaps instead of deflecting and becoming childish each time you receive feedback contrary to your personal beliefs, present rational responses backed on reality. You seem to not handle disagreements well, if the game hubs are to be a demonstration as well.

Was I childish? By... Pointing out you do not know what you are talking about? After you had your mini meltdown calling me "overly dishonest"? And talking about false equivalencies when you don't even have the knowledge necessary to understand what is and isn't a false equivalence regarding Crypto.

I suggest that you educate yourself about the novel consensus protocols that form the bedrock of literally every 3rd generation Crypto, Even older Cryptos are moving away from proof of work to proof of stake, most notably Ethereum, the second largest Crypto by market cap.

Being able to tell that you are speaking from a position of ignorance on the matter hardly counts as not handling disagreements well. But there are a few users here, you being one of them, who hate when someone shines a light on bad arguments. I'm guessing by challenging those arguments, I'm "not handling disagreements well" in your mind.

Go read a bit about the current state of Crypto because your idea of Crypto is as outdated as an old person's view on nuclear energy. Who knows, maybe you'll even be able to make some money with your newfound knowledge.

Have a good day.

[clown]

Hi guys :)

[FOXDUDE69]

Цитата допису Snakub Plissken:

Maybe Crypto is the future. But the future isn't here yet. And Valve isn't missing out by not adopting something first.

The main reason Steam is what it is today is because it adopted digital distribution of 3rd party titles before everyone else. They weren't only a part of the revolution that was digital distribution, they spearheaded it. It could very well be that by closing themselves to Crypto gaming, they are indeed missing out on the opportunity to spearhead another revolution. An opportunity that others won't sleep on.

[UCEY]

Crypto currency is a risky investment, let alone allowing people to pay with it.

[Start_Running]

Цитата допису Mayhem:

I think Steam needs to accept Shiba Inu coin as payment! It would be awesome to buy games with Shib!!

Why woppuld steam want to accept worthless currency for goods and services?

[Mad Scientist]

Цитата допису FOXDUDE69:

Цитата допису Mr. Gentlebot:

Perhaps instead of deflecting and becoming childish each time you receive feedback contrary to your personal beliefs, present rational responses backed on reality. You seem to not handle disagreements well, if the game hubs are to be a demonstration as well.

Was I childish? By... Pointing out you do not know what you are talking about?

Except that was moreover you projecting dislike for opinions differing than yours, since clearly I know what I'm talking about and that crypto is a blight upon resources & still is.

Цитата допису FOXDUDE69:

After you had your mini meltdown calling me "overly dishonest"?

"mini meltdown"? You seem desperate for a win to try assigning something that doesn't exist as the attitude behind the response, you're being disingenuous again. You're also still ignoring the main issue.

Цитата допису FOXDUDE69:

And talking about false equivalencies when you don't even have the knowledge necessary to understand what is and isn't a false equivalence regarding Crypto.

Again, you're ignoring and deflecting from the fact most Crypto is still effort based and thus an energy vampire. You ignore this each and every single time.

Цитата допису FOXDUDE69:

I suggest that you educate yourself about the novel consensus protocols that form the bedrock of literally every 3rd generation Crypto, Even older Cryptos are moving away from proof of work to proof of stake, most notably Ethereum, the second largest Crypto by market cap.

Yet they're, again, largely effort based and it's a problem now. Your general attitude in the responses is demonstrably why crypto shouldn't be accepted. Not one defender of crypto can remain civil on these forums, and always lose their cool lashing out at users.

Etherium is also still effort based, hence the top affect on GPU shortages next to COVID.

Цитата допису FOXDUDE69:

Being able to tell that you are speaking from a position of ignorance on the matter hardly counts as not handling disagreements well.

Inaccurate opinion.

Цитата допису FOXDUDE69:

But there are a few users here, you being one of them, who hate when someone shines a light on bad arguments. I'm guessing by challenging those arguments, I'm "not handling disagreements well" in your mind.

With your attitude presented, yes, you're not handling disagreement well. You deflect and constantly ignore the primary issue of Crypto, while trying to say "but its moving away from this" while it's still largely the current resource sucking energy vampire that it is, to the point some countries are banning crypto/crypto hardware, making it entirely useless.

Цитата допису FOXDUDE69:

Go read a bit about the current state of Crypto because your idea of Crypto is as outdated as an old person's view on nuclear energy. Who knows, maybe you'll even be able to make some money with your newfound knowledge.

Another uncivil attempt of also doing a personal attack rather than taking on the matter. Crypto is not nuclear power, it is not comparable to nuclear power, and people advocate for safe nuclear plants (ie recent designs) to replace coal and gas plants.

It's an energy vampire, it's hardly "moved away", and it's largely not accepted in places where it would matter the most. You getting upset when mentioned it's not likely to ever be widely accepted is the main issue here, since you're unable to admit the primary issue of crypto next to causing shortages, then deflect with the usual line of "but its moving away from this" while it's still an issue on power plants now.

Valve removed Crypto, typically when Valve removes something it does not return.
That is that, thus like this thread; they're not going to accept shiba, meme coins, or any coins unless crypto transforms into a state of being able to reasonably generate without being a blight on non-renewable resources.

That's all you need to know. It was removed, it's not likely ever going to return. You can write as much as you want, it wont change Valves decision.

[76561198407601200]

Цитата допису Mayhem:

I think Steam needs to accept Shiba Inu coin as payment! It would be awesome to buy games with Shib!!

You can already do this, however it requires transferring that crypto currency over to a currency worth value. My suggestion is transfer to your bank account and use that card on steam to pay for games.

Цитата допису FOXDUDE69:

Цитата допису Snakub Plissken:

Maybe Crypto is the future. But the future isn't here yet. And Valve isn't missing out by not adopting something first.

The main reason Steam is what it is today is because it adopted digital distribution of 3rd party titles before everyone else. They weren't only a part of the revolution that was digital distribution, they spearheaded it. It could very well be that by closing themselves to Crypto gaming, they are indeed missing out on the opportunity to spearhead another revolution. An opportunity that others won't sleep on.

The reason the idea of selling indie games works is because Valve will not be out of any money by allowing indie devs to sell games because at the end of the day if 1 copy is sold or 1,000, valve, devs and publishers receive their share of a currency that can be used. With cryptocurrency it holds no real value so there is a risk of accepting that as payment.

[FOXDUDE69]

Цитата допису Mr. Gentlebot:

You're also still ignoring the main issue.

Wow. And then I'm somehow the childish, dishonest one, hahaha. I've addressed the main issue twice now. Blatantly lying doesn't make you right, you know?

Цитата допису Mr. Gentlebot:

Again, you're ignoring and deflecting from the fact most Crypto is still effort based and thus an energy vampire. You ignore this each and every single time.

Another lie. I never said proof of work doesn't exist. I said that the Crypto world is largely moving away from it. Which is... you know...observable reality. And which you would know if you knew what you were talking about.

Цитата допису Mr. Gentlebot:

Your general attitude in the responses is demonstrably why crypto shouldn't be accepted. Not one defender of crypto can remain civil on these forums, and always lose their cool lashing out at users.

You are the one behaving in an uncivil matter and then playing the victim. The fact that you think you have the moral ground here is hilarious. Maybe don't start slandering others as soon as you are challenged.

Цитата допису Mr. Gentlebot:

Etherium is also still effort based, hence the top affect on GPU shortages next to COVID.

It's Ethereum. And it will abandon Proof of Work by 2022.

Цитата допису Mr. Gentlebot:

Цитата допису FOXDUDE69:

Being able to tell that you are speaking from a position of ignorance on the matter hardly counts as not handling disagreements well.

Inaccurate opinion.

Nope, you are the one saying Crypto will never see mass adoption because it is too energy inefficient. This is clearly the opinion of someone who is completely ignorant of the innovations seen in the Crypto space in recent years. Clearly not aware of the fact that 3rd generation cryptocurrencies, have completely abandoned proof of work in favor of Proof of stake and other far more efficient consensus protocols.
Had you wrote something along the lines of "Some crypto currencies will never see mass adoption because they're far too energy inefficient and their transaction speeds are too slow"
Then, you wouldn't sound like a person who brings up "Chernobyl" whenever nuclear energy is brought up.

[Aachen]

For how many years must we wait another six months to see ethereum move away from its current consensus mechanism?

[FOXDUDE69]

Цитата допису Aachen:

:homelol: For how many years must we wait another six months to see ethereum move away from its current consensus mechanism?

I guess Vitalik works on "Valve Time"! Hahahaha!

[TheGraveDigger]

I could see a reason why steam doesn't use cryptocurrency due to refund issues, steam refunds have to give back the exact value you paid
and it's harder to give the exact value for crypto because of the constant fluctuation in its value