Post
Topic
Board Bitcoin Discussion
Re: Steam is no longer supporting Bitcoin
by
mk4
on 07/12/2017, 01:01:31 UTC
It really just shows how we really really need a solution as soon as possible. We cant really achieve mass adoption with these transaction fees and transaction times. Right now, we currently have what? 117,000 unconfirmed transactions? If this goes on longer I really won't be surprised if bitcoin gets kicked out of the #1 spot to be honest.



https://blockchain.info/unconfirmed-transactions

I think this is just a temporary situation. There are many players who have the need to use bitcoin, but the high cost of bitcoin restraining this demand. Maybe steam will use another kind of encrypted currency instead of this service
How is "high cost of bitcoin" restraining this demand? Shouldn't it be more beneficial for them if they're accepting a currency that goes up in value? And how is removing a payment method a "solution"??