Steam now accepts Bitcoin for purchases

#1

Post by stavros » Thu, Apr 28, 2016, 10:46 AM UTC

Steam now accepts Bitcoin for purchases
blog.bitpay.com

Re: Steam now accepts Bitcoin for purchases

#2

Post by KON_Air » Thu, Apr 28, 2016, 11:17 AM UTC

Do i get to sell my digital junk in community market for Bitcoins?

Re: Steam now accepts Bitcoin for purchases

#3

Post by j-pb » Thu, Apr 28, 2016, 11:20 AM UTC

Seems like bitcoin won't die after all, which is a pitty. It's become a centralised mess controlled by a few ASIC producers.

Worst part is that it continues eating it's own children, as long as bitcoin is there, no other crypto currency will gain widespread adoption.

Re: Steam now accepts Bitcoin for purchases

#4

Post by VMG » Thu, Apr 28, 2016, 11:24 AM UTC

j-pb wrote: post #3

Seems like bitcoin won't die after all, which is a pitty. It's become a centralised mess controlled by a few ASIC producers. Worst part is that it continues eating it's own children, as long as bitcoin is there, no other crypto currency will gain widespread adoption.

It's doing pretty well actually. It's still less centralized as all viable alternatives.

Re: Steam now accepts Bitcoin for purchases

#5

Post by bhaak » Thu, Apr 28, 2016, 11:28 AM UTC

VMG wrote: post #4

j-pb wrote: post #3

Seems like bitcoin won't die after all, which is a pitty. It's become a centralised mess controlled by a few ASIC producers. Worst part is that it continues eating it's own children, as long as bitcoin is there, no other crypto currency will gain widespread adoption.

It's doing pretty well actually. It's still less centralized as all viable alternatives.

Some examples for viable alternatives?

Re: Steam now accepts Bitcoin for purchases

#6

Post by TazeTSchnitzel » Thu, Apr 28, 2016, 11:28 AM UTC

j-pb wrote: post #3

Seems like bitcoin won't die after all, which is a pitty. It's become a centralised mess controlled by a few ASIC producers. Worst part is that it continues eating it's own children, as long as bitcoin is there, no other crypto currency will gain widespread adoption.

Bitcoin's governance failures might yet slowly kill it.

Re: Steam now accepts Bitcoin for purchases

#7

Post by bdz » Thu, Apr 28, 2016, 11:29 AM UTC

KON_Air wrote: post #2

Do i get to sell my digital junk in community market for Bitcoins?

Nope. Legally you can't take money out from your Steam Wallet.

But there are 3rd party sites where you can sell your items for real money.

Tho you should only bother if you have valuable items.

Re: Steam now accepts Bitcoin for purchases

#8

Post by _td9r » Thu, Apr 28, 2016, 11:30 AM UTC

bhaak wrote: post #5

VMG wrote: post #4

Earlier quoted context omitted.

It's doing pretty well actually. It's still less centralized as all viable alternatives.

Some examples for viable alternatives?

Well there's none, which in the point. But.. Lightcoin, dash, monero, etc

Re: Steam now accepts Bitcoin for purchases

#9

Post by brighton36 » Thu, Apr 28, 2016, 11:31 AM UTC

j-pb wrote: post #3

Seems like bitcoin won't die after all, which is a pitty. It's become a centralised mess controlled by a few ASIC producers. Worst part is that it continues eating it's own children, as long as bitcoin is there, no other crypto currency will gain widespread adoption.

Network effect matters. I'm still waiting for for the mess that is qwerty to die

Re: Steam now accepts Bitcoin for purchases

#10

Post by richardwhiuk » Thu, Apr 28, 2016, 11:32 AM UTC

bhaak wrote: post #5

VMG wrote: post #4

Earlier quoted context omitted.

It's doing pretty well actually. It's still less centralized as all viable alternatives.

Some examples for viable alternatives?

Normal currency which is both less centralized and easier to use.