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you bought and own a license to that game , same as if you buy a physical copy , you never own the game , you own a license to the game that will allow you to play it.
people seem to get ownership of a game and licenses confused.
Do you live in the EU/UK?
I'm Not looking to resell any games I buy on Steam, I like Steam and the game i have bought so I'm keeping them, but I was more concerned about this "you're only renting your games on Steam" part that my friend said.
I know that it would have to say such a thing at the point of purchase, and I have never seen anything like that, it has to be upfront and available to read on the same payment section.
Anyway, It just made me think twice when i was buying these games LOL
but no your not renting them...you are buying the license to the game , same as a physical copy..no more no less.
not 100% true , if you have your keys to your game , you can download a copy from somewhere , or even rent or lend it from a friend make a copy from it and use your own key (which you legally own) on that copy.
i have all my keys backed up , just incase ever something strange happens ;)
And how do you want to use the keys if the games require steam? They are bound to your account and can't be used on any other account. And, at least here in Germany, it's illegal to use cracks, even if you own the game.
I'll do the same thing then, better safe than sorry if something does screw up.
Go to the help directory up in the pulldown menues and it even says "Steam Subscriber agreement"
im not going to say it will work with all the games but with most it will , not everyone has internet enabled on their PC's and keys are usually verified by the game itself , there's no internet required to make a game run , except for games that require you to be online but you can always access single player portions.
As for lending it and using your key on copies, you would have to check the EULA and I'm fairly sure you'll find this is not allowed for most games.
you may want to check point 2.A .....
That's what customers do, they own Licences, but not Games. So you have the right of playing everytime everywhere, because you own the licence. If you owned the game you probably would change it the way you wanted it to be, or doing all kinds of thing to it. But since you don't, you don't have rights on it, you can only play it.
You OWN your Licence, nobody rents anything here. You also OWN your steam account. Valve doesn't disable accounts simply because they want to. They disable if an account didn't follow a very important rule or comitted a grave deed or something. That's kinda like police arresting criminals. So if you're not one, you don't have to be afraid.