Steam May Soon Accept Bitcoins




/ 4 years ago

steamMoney

When it comes to PC gaming, everyone knows the feeling that happens when the Steam sales come on. Your bank account starts to hate you and you wish you didn’t save your card details as you click and drain your funds for games you won’t get to play for a few months if you are lucky. Now it looks like Steam may soon be accepting Bitcoins, draining both your physical and digital money with each sale.

Posted on a Reddit feed, the post appears to come from the Steamworks Development group, a private group for the platforms developers. The post teases that the company is looking to use an external payment provider to help accept bitcoins.

The post makes clear that the calculations will be done all via the external processor, with you still being charged the same amount and the processor acting as the middle man who takes your bitcoins and pays Valve the appropriate amount of traditional currency. Given the unstable nature of digital currency, this means that at no time does Valve hold the bitcoins, making sure they avoid any sudden drops or spikes in prices for the currency.

This process would make sense, but with concerns about the legality of people’s bitcoins and their stability, what happens if people make large purchases with “bad bitcoins”? With no effort on the side of developers or anyone who makes a purchase using the new system, I’m sure many will accept and enjoy the new option for buying all those games you want.


Topics: , , , , , , , ,

Support eTeknix.com

By supporting eTeknix, you help us grow and continue to bring you the latest newsreviews, and competitions. Follow us on FacebookTwitter and Instagram to keep up with the latest technology news, reviews and more. Share your favourite articles, chat with the team and more. Also check out eTeknix YouTube, where you'll find our latest video reviews, event coverage and features in 4K!

Looking for more exciting features on the latest technology? Check out our What We Know So Far section or our Fun Reads for some interesting original features.

eTeknix Facebook eTeknix Twitter eTeknix Instagram eTeknix Instagram

Check out our Latest Video

  • Be Social With eTeknix

    Facebook Twitter YouTube Instagram Reddit RSS
  • Latest Video

  • Features

  • Poll

    How many cores will AMD's next line of CPUs have?

    View Results

  • Archives


Send this to a friend