Re:Steam is no longer supporting Bitcoin
by modeless on Wednesday December 06, 2017 @02:04PM
(#15863894)
BitPay handles the volatility for them by guaranteeing the conversion to dollars, so it's not an issue for Valve directly.
Volatility wouldn't be a big issue for payments if transactions were instant and free. The addition of slow transactions and high fees on top of volatility is what's causing problems for Valve's customers, which ultimately comes back to Valve as customer service issues. And there's nothing a retailer hates more than customer service issues.
Volatility wouldn't be a big issue for payments if transactions were instant and free. The addition of slow transactions and high fees on top of volatility is what's causing problems for Valve's customers, which ultimately comes back to Valve as customer service issues. And there's nothing a retailer hates more than customer service issues.