Steam Stops Accepting Bitcoin

[raaner12]

Bitcoin’s most recent rallies have been great for holders and for greater awareness of the cryptocurrency itself. However, between sell orders and buy orders, with new money entering and leaving the market, Bitcoin’s price has become incredibly volatile again. While there is opportunity in volatility, it makes for a complex situation in regards to payments. Citing this, Steam recently announced it will suspend Bitcoin as a form of payment.

Steam Forgoes Bitcoin, for now
As a gamer and a Bitcoin enthusiast, I cannot express how excited I was a few years ago when Steam introduced Bitcoin as a payment option (though my purchase back then seems far more expensive now; such is life). This changed the game – pardon the play on words. A company facilitating a massive number of daily Bitcoin transactions was exactly what the network needed.

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