‘50% of transactions were fraudulent’ when Steam accepted Bitcoin for payments, says Gabe Newell

No wonder Steam stopped taking cryptocurrency.

Source: ‘50% of transactions were fraudulent’ when Steam accepted Bitcoin for payments, says Gabe Newell


this is pretty much how I feel:

“”There’s a lot of really interesting technology in blockchains and figuring out how to do a distributed ledger, [but] I think that people haven’t figured out why you actually need a distributed ledger,” Newell said.”

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