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<div class="quote-block">Originally Posted by <strong>rtikphox</strong> <a href="/t/1598146/pcgamer-steam-is-reportedly-planning-to-accept-bitcoin#post_25095990"><img alt="View Post" class="inlineimg" src="/img/forum/go_quote.gif"></a><br><br>

I will have to agree with you. There have been hacks in the past. It's not 100% secure, their will be exploits in the future. And yes it's a currency for libertarians who really want to 'sell' tons of stuff without paying tax. It's being accepted by politicians, microsoft, gmg.com, newegg etc...<br><br>

Now let's talk about the Steam currency, Hats. Hats are generated freely by Lord Gaben, they have 0 value aside from nerd nostalgia. Yet some skins and items are valued at $10,000+ out of thin air. Sometimes you're lucky you get a $100 dollar of $500 dollar skin/item while playing a game and you can trade it for money. But for the general people it's basically taking money from people who like skins and their fansination with hats and making massive profits out of digital item.<br><br>

So TLDR version, Hats = Digital Currency same thing with bitcoins.</div>

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Basically, it's more so a commodity than it is a currency. Considering even here in the US, bitcoin is taxed on capital gains.

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<div class="quote-block">Originally Posted by <strong>assaulth3ro911</strong> <a href="/t/1598146/pcgamer-steam-is-reportedly-planning-to-accept-bitcoin/10#post_25096042"><img alt="View Post" class="inlineimg" src="/img/forum/go_quote.gif"></a><br><br>

That is EXACTLY what the dollar is. So why then, a decentralized (get this: MORE SECURE) currency is seen as bad? You need to ask yourself these questions before spewing what you just did. You listen to much to the MSM. The currency of hackers? Let me guess, anonymous is going to get you for what you said? Let me tell you, this currency is better than all others on this earth. And that's saying something because all of our currencies are bad since none are real.<br><br>

So yeah, we use it because it gives us back some of our freedom. We use it because we're free men.</div>

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Lol okay. So we should be getting our paychecks in bitcoin form if we can because it's better, right? Stores should accept bitcoin because it's more secure too, right? Yes, I love the liberal MSM and I'm against freedom. I'm not a buyer of the "one world" mentality with a one world currency.<br><br>

Anyway, the weight that bitcoin carries as being a digital currency seems lacking due to its volatility as compared to other governed currency. With that, it isn't viable more than commodity.<br><br>

Let's say that I will remain skeptical. Makes me wish I bought in early and sold when it was over $1k each for a quick flip and profit, so that want a digital currency can have it while I walk off.<br><br>

To each, his own.