Bitcoin As A Pressure Release Valve
As currencies inflate in value, Bitcoin serves as a pressure relief valve, allowing capital to escape.As small-cap currencies inflate, Bitcoin gains adoption.Bitcoin is the first fully sovereign digital currency. This means that anyone in the world with an internet connection and a computer can download the protocol and start running it. Maybe they want to invest in the technology, maybe they want to store their wealth, or maybe they are using it as a form of payment. Whatever the reason, Bitcoin doesn’t discriminate on the basis of race, creed, or nationality. This is especially....
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On Tuesday, the 5th of March, Gabe Newell, Valve 's co-founder and managing director of video game development, participated with other video game developers in a reddit AMA (Ask Me Anything). The post, titled “WeAreA videogame developer AUA!“, currently has 3,469 points with 34,503 upvotes (the downvotes are probably gamers upset over the absence of any news on Half-Life 3). The answered questions dealt with various things like new Valve hardware, Gabe’s favourite non-Valve game (Mario 64), etc. It looks like Newell, (GabeNewellBellevue on reddit), isn’t too eager to accept Bitcoin as a....
Gabe Newell, founder and CEO of Valve, a popular company in the PC gaming market, has revealed his take on crypto and NFTs when applied to games. In an interview with gaming media, Newell validated the NFT technology that makes it possible to create these digital representations. However, he also stated that the actors in the sector tend to be involved in criminal activities.
Valve CEO Talks About NFTs, State of the Industry
Gabe Newell, CEO and founder of Valve, owners of Steam, one of the largest digital distribution markets in the PC industry, offered his thoughts regarding....
Steam is one of the most popular gaming-related platforms in the world these days. As a result of that popularity, Steam is also attracting a bunch of unwanted attention from hackers and phishers, According to details released by Valve, roughly 77,000 Steam accounts get hijacked on a monthly basis. Even though Valve makes two-factor authentication for in-game item sales mandatory now, blockchain technology could play a major part in creating a better solution. Being one of the world’s most popular gaming-related platforms can be both a blessing and a curse at the same time. Steam is the....
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. The 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. Past reporting indicates....
Green candles dominated the charts for most of the week, as the bitcoin price climbed upwards towards $400. We finally broke that barrier late in the week, reaching $403.20 as it came to a close, making for a total gain of 7.22%. The week was also marked with some rather significant news. To name a few stories that broke this week: Valve may be accepting bitcoin in the near future, Coinbase adopted Bitcoin Classic, and Supreme Court Justice Antonin Scalia was found dead in a hotel room at age 79. Total Change: +7.22%