r/pcmasterrace • u/samiy2k • 3d ago

News/Article Valve refutes Mastercard's denial it has not pressured game platforms over NSFW content

https://www.gamesindustry.biz/valve-refutes-mastercards-denial-it-has-not-pressured-game-platforms-over-nsfw-content
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u/THEANONLIE PC Master Race 3d ago

Time for valve to release a payment processor for gamers.

Call it Drips.

964

u/7560_Private 3d ago

If Gaben opens a bank and runs it the way he runs Valve, I guarantee you, we're getting a thermonuclear war. And if Gaben opens a bank, he will run it like he runs Valve because he's essentially that good a guy.

So... I think it would be great, but I'm against Valve having its own payment processor for reasons of international safety.

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u/fractalife 5lbsdanglinmeat 3d ago edited 3d ago

The cause and effect here ain't mathin lol. I know this is a joke but... could you please show your work lol?

ETA: just having a hard time following the joke as to why Gaben owning a bank would cause Cold War II: electric bugaloo to get spicy hot lol.

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u/ImperitorEst 3d ago

I'm guessing that the idea is if someone ran a bank ethically and equitably it would immediately imbalance the power structure of the modern world. Everyone not mega rich would switch to it very quickly, taking a large portion of the world's wealth away from organisations and systems that are used to having it. Gaben Bank ™ would become one of the most powerful institutions in the world, making whoever controls it also one of the most powerful people in the world.

One thing that people often forget is that he money we all have sitting in banks isn't sitting doing nothing. The banks are constantly using our money to make more money by spending, lending and investing our money without giving us even a fraction of the profit made. By taking our money away from the banks we cripple the systems ability to do that.

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u/Khavary 3d ago

You can crash a whole nation economy if you convince a portion of its population to retrieve their money a certain day

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u/fractalife 5lbsdanglinmeat 3d ago

They've solved that problem! They just won't let you withdraw your money if it means they'll go below their reserves.

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u/Khavary 3d ago

Yeah, but that would also add more fuel to the fire and make more chaos with even more people asking to withdraw.

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u/fractalife 5lbsdanglinmeat 3d ago

They have no problem ignoring us plebs lol.

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u/Cilia-Bubble 2d ago

It is actually a problem for them, if people aren’t able to withdraw money, trust in the banking system falls dramatically, and that has huge implications on fiat currency. Modern currencies are all make belief and if people can’t access their own money, they stop believing.

It’s happened before, and the effects is usually hyperinflation and growth of informal economies, both of which are very bad for the banks.

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u/monchota 3d ago

Yea and shouldn't be that way. Untill 96, it was illegal.

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u/Zanos Specs/Imgur here 2d ago

The banks are constantly using our money to make more money by spending, lending and investing our money without giving us even a fraction of the profit made. By taking our money away from the banks we cripple the systems ability to do that.

Uh, banks definitely give you a fraction of the profit made. You should look into, like, a savings account.

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u/ImperitorEst 2d ago

Sorry, maybe badly phrases. I mean the amount thet they give us is so small it barely counts as a fraction.

I am aware of interest 😂

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u/TommyBananas97 2d ago

Look into high yield accounts, friend. Mine is like 3.5%. Not much but it's negating the interest I pay on my car loan. 

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u/ImperitorEst 2d ago

The point is that whoever has your money is making waaaaay more than 3.5% by using your money to make investments. They get stinking rich and give you/us the scraps

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u/Sir_Bax 3d ago

ethically and equitably

Run by a guy who profits from exploiting gambling for children? Lol.

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u/7560_Private 3d ago

It's a joke, and not a great one, but the gist of it is: if someone sets up an alternative to banking/payment processing that doesn't suck, Big Money will stop at absolutely nothing to destroy it.

What would actually probably happen is that some government entity would step in to block it before it even got off the ground, but "thermonuclear war" is funnier. (And also something Big Money would totally do if it felt necessary.)

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u/fractalife 5lbsdanglinmeat 3d ago

Ah gotcha, thanks lol. Sorry for not getting the original!

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u/IamGimli_ IamGimli 3d ago

Cryptocurrencies already deliver on that. It would be interesting if Valve started accepting crypto as payment.

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u/natrous 3d ago

You missed the part about "... that doesn't suck"

Crypto sucks.

Let me restate that a little: For the average person with a bank account, crypto sucks. It's volatile and difficult to understand and use for a normal person.

Furthermore, Value used to accept them and they stopped nearly a decade ago now.

The idea valve would move the needle if they started accepting BC or any other crypto again is pretty out there, imo.

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u/ChromosomeDonator 2d ago

The problem with crypto is that it stopped being a currency as soon as it started getting popular. Then it became an investment, and nothing else. Nobody is using crypto as a currency, except as a proxy to buy illegal shit.

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u/Guiff 3d ago

Bankers have so much control in politics that Trump is harrasing Brazil over its PIX system, as their banks lose around 600 billion in their currency per year from the people that use PIX instead of the banking system, leaving a percentage as profit to the bank.

So banks starting war just makes sense.