Steam Computer Gaming Network Now Accepting Bitcoin (fortune.com)

Posted by msmash on Thursday April 28, 2016 @05:10AM from the bitcoin-refuses-to-die dept.

An anonymous reader shares an article on Fortune Magazine: The popular Steam computer game network has started accepting bitcoin in a move aimed at making it easier for players in countries like Brazil and China to make payments. Bitcoin transactions will be integrated into game shopping from Steam, which is owned by Valve Software and claims over 100 million users worldwide. Users will be able to use any bitcoin wallet to scan and pay for games or other items without revealing sensitive financial information via software from Bitpay.

1 of 54 comments (clear)

Min score:

Reason:

Sort:

Re:Steam/Valve are not accepting Bitcoin by Paco103 · 2016-04-28 06:55 · Score: 3, Interesting

A fee of 1%, which is half or less of what a traditional credit card fee charges. Steam/Valve don't accept Credit Cards either. Visa, Mastercard, Maestro, etc will provide a service (for a fee) of turning your credit card number into the actual money that Valve demands.
What's your point? All currency exchange is just agreed upon IOU's for goods or services. This is just one more that opens up new markets to them as well as decreases processing fees for them if existing customers jump on it.