Steam will now accept Bitcoins

Put this one in the category of “things that are about a year too late” Steam will start to accept Bitcoins in the form of BitPay for steam products. The market seems mainly aimed at international folks, but will no doubt also attract some of the rabid fans of the crypto-currency. Weather its for international or just crypto loving people, its a good move for Valve, who join an ever growing list of vendors online who accept the most popular crypto-currency Bitcoins. No doubt this will help grow Steams already impressive 125 million users from around the globe.

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BitPay wrote in a post on their website “Valve reached out to us because they were looking for a fast, international payment method for Steam users in emerging gaming markets in countries like India, China and Brazil,” Rory Desmond, BitPay’s director of business development in North America and APAC said, “While more users are coming online in in these countries, traditional payment options like credit cards often aren’t available.”

So hey im not sure someone in India or Brazil is going to know how to deal with the complexities of Crypto-currency but if they can get power, internet, and a computer, they can now buy things on steam via the most popular Bitcoin payment system. Personally ill stick to Paypal for a while.

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