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Topic: 2016-04-29 - NDTV - Steam Now Supports Bitcoin Payments (Read 637 times)

legendary
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Valve starts processing Bitcoin payments on Steam through Bitpay, Dogecoin still not accepted

http://tech.firstpost.com/gaming/valve-starts-processing-bitcoin-payments-on-steam-through-bitpay-dogecoin-still-not-accepted-312116.html

When asked two years ago, in a Reddit AMA if cryptocurrencies such as dogecoin or bitcoin would be accepted as payment on Steam, Gabe Newell had replied that this was unlikely because of stability problems in the cryptocurrency economy, and the complications of treating a non government backed peer to peer payment network as another currency. Bitpay just announced a partnership with Steam, that allows gamers around the world to purchase Steam games using bitcoin. Dogecoin is not supported though.
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Bitpay's partnership with Valve confirms the reports that surfaced back in February. "Valve reached out to us because they were looking for a fast, international payment method for Steam users in emerging gaming markets in countries like India, China, and Brazil," Rory Desmond, director of business development for Bitpay in North America and APAC, wrote in a blog post.


http://gadgets.ndtv.com/games/news/steam-now-supports-bitcoin-payments-831184
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