Earlier quoted context omitted.
> If you buy a game on steam, you own it for real. How so? If Steam goes away, then so does your game. That's not ownership. Just because they have carefully and honestly fostered a lot of trust in their game rental service, doesn't make it not a game rental service.
If Steam itself goes bankrupt, Gabe himself said you'll still retain access to your games.1 Yes its a non-legally binding promise, but Steam has earned that trust. Also Steam isn't going away, so for these reasons that is "how so". 1. https://web.archive.org/web/20100605062932/http://forums.ste...
Even if Gaben "money drives the community" Newell did make that promise and was sincere, he's going to be gone in a couple of decades at most and likely not in control of Valve before that.