If you did not know Steam has introduced support for online game purchases with Bitcoin in April last year, allowing users of the crypto currency to quickly and easily spend it for software.The payment processor that Valve is using for accepting Bitcoin payments is BitPay.We have recently tried purchasing some games with Bitcoin from Steam and were pleasantly surprised by the experience we’ve had… Once you select Bitcoin as the payment method you are presented with a QR code to scan to do a payment with a mobile device or you can just copy and paste the BTC address and the amount of coins you need to send to complete the payment.You have 15 minutes to initiate the transaction and as soon as you send the coins and the transaction gets broadcasted over the network the payment is accepted, no need to wait for a minimum of 6 confirmations or anything like that.Really quick and easy to pay with Bitcoin for games on Steam and then you can just go on playing them, so if you still haven’t tried paying with Bitcoin then you might want to give it a try.

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Confirming a long-rumored move, gaming and digital media platform Steam is now accepting bitcoin payments through processing service BitPay.The announcement today confirms earlier reports that Valve, the company that operates Steam, had sought to add the digital currency as a payment option.Steam was said to have told its developer community in a recent update that it was moving to accept bitcoin.best bitcoin usb minerThe platform draws millions of users on a daily basis, according to Steam's self-reported statistics, and as a platform attracts an engaged and tech-friendly user base.bitcoin a fatal error occuredPast reporting indicates that the platform sees hundreds of millions of dollars in monthly revenue for its diverse games and digital media marketplace.In a blog post announcing the move, BitPay said that it was approached by Valve because the company was seeking payment options in less accessible areas of the world.

BitPay said: "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.While more users are coming online in in these countries, traditional payment options like credit cards often aren't available."Steam did not immediately respond to requests for comment. Disclaimer: CoinDesk is a subsidiary of Digital Currency Group, which has an ownership stake in BitPay.Previous Article Microsoft Japan Among 34 Tech Firms to Launch Blockchain... Next Article Bitcoin Retreats Below $440 as Price Support WeakensEurogamer.net You can now buy Steam games with Bitcoin Mine!You can now buy games from Steam using Bitcoin.The cryptocurrency is now a payment method from within the Steam client.Bitpay, a Bitcoin payment processing company, Valve approached it about adding Bitcoin to Steam "because they were looking for a fast, international payment method for Steam users in emerging gaming markets in countries like India, China, and Brazil".In these markets, traditional payment options such as credit cards often aren't available, so Bitcoin was seen as a viable alternative."As

the internet's universal currency, Bitcoin will allow Steam to easily reach gamers in every market around the world," Bitpay added, "without the high fees or the risk of chargeback fraud that come with card payments."Comments for this article are now closed, but please feel free to continue chatting on the forum!There has always been an interesting correlation between bitcoin and virtual reality.Several people have been working on bringing bitcoin to the VR ecosystem sooner or later.The Steam store now has the Bitcoin VR program listed, which will introduce even more people to cryptocurrency and blockchain technology.An intriguing concept, that much is certain.On paper, the is quite geeky.In fact, it is something that may not even appeal to that any people in the end.However, it is an intriguing educational concept that introduces people to the cryptocurrency ecosystem.Keeping in mind how Steam started accepting bitcoin some time ago, Bitcoin VR is quite an intriguing addition for sure.

The objective of this particular game is quite simple.Users can see bitcoin transactions occur in real time on the blockchain within a VR environment.It has to be said, the video looks quite interesting, to say the least.Immersing oneself within the bitcoin ecosystem through a beautiful graphical environment is quite nifty.It remains to be seen how many people will decide to be part of this experience, though.It is worth noting Bitcoin VR is about more than just watching transactions take place.Users will see block confirmation effects, which makes the interaction even more interactive.It is also possible to see all Counterparty token transactions.For example, when a new card is bought or sold, that will be visible within the VR environment as well.Additionally, there is a mini-game to be played within Bitcoin VR.Bringing bitcoin to the mainstream is quite challenging, to say the least.Venturing into the VR business may be the right way to go, though.It allows for a more interactive experience while creating stunning visuals.