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'Today is the end of Steam': Argentina and Turkey floored by new Steam price hikes as high as 2900% (www.pcgamer.com)

submitted 11 months ago by [email protected] to c/[email protected]

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[–] [email protected] 74 points 11 months ago (1 children)

This is a tempest in a teapot.

Steam ended pricing in those currencies and reverted the prices to USD without local adjustment.

Any developers who want to sell in Turkey or Argentina will set a local price in USD.

This really only affects older/abandoned games where the developer never updates pricing. Those games will be left charging US prices in poorer countries.

[–] [email protected] 17 points 11 months ago

Yeah it's a nonsense. Argentina and Turkey have atrocious economies, with inflation at crazy levels. Turkey's is at 60% and Argentinas is at 143% currently, on a background of years of terrible economic decisions. Their local currencies are effectively trash so it makes absolute sense for Steam to move to dollars if they're going to continue bothering trading in those countries.