“But, What Can Bitcoin Buy?”

My family physician, due to the increasingly hostile banking and medical regulations, has begun encouraging customers to pay in cash and by check instead of by credit cards, starting a few years ago.  When I and a few other customers noticed this, we suggested he look into Bitcoin.  For a little over a year now, my doctor has been accepting bitcoin.

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I wanted to be the first bitcoin customer.  My copay is usually $25, so when I had two well-child checkups approaching, I went to Purse.io and got myself $50 in BTC.  Long story short, my insurance covers the entire checkup, so I didn’t have to pay.  It was the first time ever that I was sad a doctor didn’t want to take my money.

The price of bitcoin has been hovering in the mid-$200 range, but it sat lower than where I bought it for most of the time.  This made me sad, as I was hoping to use that bictoin to buy Fallout 4 when it came out (my bitcoin and silver is pretty much the entirety of my discretionary funds… everything in fiat is very tightly budgeted).
However, something weird happened yesterday, possibly another Willy Bot or weird government thing (like bitcoin XT or the Bitcoin Alliance doing something shady), and the price jumped up to the $400-$500 range.  I quickly took advantage of that price hike and pre-ordered Fallout 4 on Steam.  Man, I am so pumped right now… between bitcoin saving my gamership from the vicissitudes of poverty *and* having what promises to be an awesome game pre-ordered.

This whole anecdote is really just to cover one important tool for Bitcoin-enthusiast gamers.  Those of you who pay attention to steam and/or Bitcoin will know that Steam does not accept bitcoin yet, due to limitations of it’s interface with fiat money (AKA, government regulations).  So, how did I pre-order Fallout 4?  I used this awesome and easy-to-use service called SteamBitShop.

Their UI was simple, straightforward and self-explanatory, the purchasing process (which, for bitcoin, can be confusing at times) was easier than using a credit card, and the system seems adaptable enough to handle unexpected issues.

For example (warning: entering shop-talk area), I swept my paper-wallet into an electrum wallet on my desktop in order to have an easier time using the website (most websites are a pain to use paper wallets/unspent-outputs on, I’ve found).  I was kind of rushed, so I didn’t wait for the sweep to be confirmed on the blockchain.  When I made the purchase, it had a 15-minute payment period; I made the payment from the wallet with the unconfirmed transaction on it, and the website simply suspended the timer and waited for confirmation on the transaction, rather than not processing the payment despite receiving the bitcoin (which has happened to me in other places).

So, What can Bitcoin Buy?  “Steam Games” is officially on that list.

 

Edit: I closed the comments on this page because no-one was posting comments and I was getting 80+ spam comments a day.

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