Bitcoin Payment May be Coming to Steam

[Kotoriii]

A lot of people who never had an interest in bitcoin and thus never even looked into using it decide it's dead because they don't hear about it much. Riiiiiight...

Or maybe they know more about it than you do.

https://medium.com/@octskyward/the-resolution-of-the-bitcoin-experiment-dabb30201f7#.89xvq1q31

Mike Hearn left, dumped his coins, price moved about $10 downwards. A consensus for the future of Bitcoin and its block size will be reached soon. If you don't like Bitcoin, fine, but don't spread panic and disinformation. Bitcoin has been deemed "dead" dozens of times, and here we are having rumors of Steam implementing it despite such claims.

 

[Kotoriii]

A lot of people who never had an interest in bitcoin and thus never even looked into using it decide it's dead because they don't hear about it much. Riiiiiight...

Or maybe they know more about it than you do.

https://medium.com/@octskyward/the-resolution-of-the-bitcoin-experiment-dabb30201f7#.89xvq1q31

Mike Hearn left, dumped his coins, price moved about $10 downwards. A consensus for the future of Bitcoin and its block size will be reached soon. If you don't like Bitcoin, fine, but don't spread panic and disinformation. Bitcoin has been deemed "dead" dozens of times, and here we are having rumors of Steam implementing it despite such claims.

You have to offer something more concrete that a sharp ad hom against someone with credentials, compared to your... what?

Time will tell.

 

[Magmarock]

Since Bitcoin doesn't have to go through the banks Vavle could in theory use this to weasel out of refunds. I don't like and and I don't trust Valve.

 

[Kotoriii]

A lot of people who never had an interest in bitcoin and thus never even looked into using it decide it's dead because they don't hear about it much. Riiiiiight...

Or maybe they know more about it than you do.

https://medium.com/@octskyward/the-resolution-of-the-bitcoin-experiment-dabb30201f7#.89xvq1q31

Mike Hearn left, dumped his coins, price moved about $10 downwards. A consensus for the future of Bitcoin and its block size will be reached soon. If you don't like Bitcoin, fine, but don't spread panic and disinformation. Bitcoin has been deemed "dead" dozens of times, and here we are having rumors of Steam implementing it despite such claims.

You have to offer something more concrete that a sharp ad hom against someone with credentials, compared to your... what?

Time will tell.

If that's the extent to which you're willing to support your hypothesis, I suggest you keep it to yourself.

I suggest that you keep yourself informed visiting the Bitcoin subreddit, Bitcointalk and the other Bitcoin devs' blogs. There are several other Bitcoin contributors apart from Mike Hearn, and not with such a pessimistic opinion. Stating that Bitcoin "will be dead very soon" doesn't make it a fact, like you make it appear to be. A multi-million dollar industry and businesses around it depend and work with Bitcoin, they will not let it die so willingly due to disagreements on the protocol's scaling, which is what the whole fuzz is about.

Edit: Woops, somebody got banned. Anyways, get informed and make your own opinion peeps! I for one hope and trust that Bitcoin will continue to rise in importance and (hopefully!) in value as well.

 

[FalloutJack]

Well, the obvious question would have to be...why? Steam deals in legal tender and it's highly-successful. Why do it?

 

[Strazdas]

well i guess this will be the way for people that dont want valve to know their credit card details but cant buy steam cards.

How about Valve does something about the hordes of scammers and highjacked accounts before introducing a payment system renowned for anonymity.

what hordes? i have been using steam for almost a decade now and i havent met a single one. and every example of scammers i saw posted required the person being scammed to be braindead.

Seems odd for the digital currency that everyone has long forgotten about to be accepted now given the fact that, well, everyone has forgotten about it.

Do not mistake "no longer makes the news because it isnt used as a financial scam anymore" with "Everyone has forgotten about it".

I'll never for the life of me understand how the whole "doge" meme got so popular. I'd be much quicker at understanding all of quantum physics.

Doge is love, Doge is life.

Doge meme is sadly dieing now, but it was fun while it lasted. Doge was a big fan of desert bus.

Around 50-60 million USD are transacted in Bitcoin every day. It is far from dead.

Of course, the question is how much of those are transfers of value and how many are just shuffling things around.

Zero are transfers of value because bitcoin is garbage hohohoho.

Dollars are just pieces of paper. Its what you can buy with them that gives them value. you can buy things with bitcoins, which means they have value.