Steam cancels payments with Bitcoin

The digital distribution and games platform, Steam, cancels payments for its services with Bitcoin claiming that it has become too volatile and expensive.

The main reason that shows the company is the high fees (fees) as they lead to “excessively high costs to buy games with Bitcoin”.

“In recent months, we have seen an increase in the volatility in the value of Bitcoin and a significant increase in the rates to process transactions in the Bitcoin network. For example, the transaction fees charged to the customer by the Bitcoin network have soared this year, reaching almost $ 20 per transaction last week (compared to approximately $ 0.20 when we initially enabled Bitcoin). Unfortunately, Valve does not has control over the amount of the fee. “

The company, in turn, does not show alternatives in cryptocurrencies, since, in Ethereum, for example, blockages are also occurring in its blockchain and increase of fees (gas) in transactions, even presenting some alternative users, including Roger Ver himself. :


Jose Felip

Jose Felip

The difficult thing is not to learn, the difficult thing is to know how to teach. Editor and coordinator of the free book "La era de las BLOCK punto COM" CEO of