News: Steam is no longer supporting bitcoin as bitcoin becomes unusable
Yesterday steam announced that it will no longer support Bitcoin. Here you can find reasons in their statement, released on official platform
Considering that as bitcoin grows we are observing in last days
- increasing volatility
- higher fees (fees are calculated in BTC, so if btc goes to the moon fees grow really a lot)
I believe that using bitcoin as money will continue to became harder day by day.
Average fees at the moment are above $10 and this situation will probably worse, consider that at the moment BTC network is faster than in november so we are still in a relatively good situation.
Other similar announcementsfrom other companyes will probably follow.
And you? Are you using bitcoin for money transfer? What is your experience with fees and network speed?
Please comment and have a nice day!