←back to thread

Valve confirms credit card companies pressured it to delist certain adult games

(www.pcgamer.com)
713 points freedomben | 1 comments | 18 Jul 25 15:54 UTC | HN request time: 0s | source
Show context
egypturnash ◴[18 Jul 25 23:34 UTC] No.44611013[source]▶
Okay so is Steam enough of a money printer for Valve to say "well fuck you guys, we'll make our own credit card with hookers and bingo"? And hold out Half-Life 3 (only purchasable with the ValveCard) as a carrot?
replies(10): >>44611095 #>>44611101 #>>44611107 #>>44611111 #>>44611192 #>>44611217 #>>44611288 #>>44611743 #>>44611911 #>>44612227 #
petermcneeley ◴[18 Jul 25 23:45 UTC] No.44611101[source]▶
I mean a bank is literally a money printer.
replies(1): >>44611254 #
elcritch ◴[19 Jul 25 00:08 UTC] No.44611254[source]▶
On a serious side note, only certain banks get to print money.
replies(1): >>44611311 #
HPsquared ◴[19 Jul 25 00:18 UTC] No.44611311[source]▶
They don't physically print the notes, but they do magically add money to a person's account when they take a loan. That kind of thing is where most "money" (in banks, anyway) comes from.

It's just like matter and antimatter being created at the same time, money and anti-money (debt) are created at the same time and when they meet, they cancel each other out.

So borrowing literally creates money (and debt), and repaying debts literally deletes money (and debt).

replies(1): >>44611465 #
mulmen ◴[19 Jul 25 00:42 UTC] No.44611465[source]▶
How does interest fit in here? Isn’t that what creates money AKA inflation?
replies(2): >>44612838 #>>44612860 #
1. bfg_9k ◴[19 Jul 25 05:32 UTC] No.44612838[source]▶
What the poster you're replying to is talking about is called fractional reserve banking. That's how they "create" money.