One of the world’s biggest video game services, Steam, has stopped accepting bitcoin because it’s so volatile (BTC)
Steam is one of the most popular gaming services in the world, with 67 million monthly active players, putting it head-to-head with Sony’s PlayStation Network.
Steam, owned by Valve Corporation, sells PC games through an online store.
It has just canned support for bitcoin payments because the cryptocurrency is too volatile.
Valve engineer Kurtis Chinn said this meant transaction fees for customers buying games went up and down too quickly as bitcoin fluctuated in value.
Steam first began accepting bitcoin in April 2016.
Hugely popular gaming store Steam has stopped accepting payments for games in bitcoin because the cryptocurrency is too volatile.
In a blog …read more
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