On: Steam turns 20 today: “We had to try a lot of diff...

[FirmwareBurner]

I beg to differ. Piracy and mod-chips on earlier consoles was rampant (in my country).

Anyone I knew with a PS2 had it 'chipped' and only had pirated games because the price of the console (which was also a DVD player) was more easily digestible than the price of original games which came at huge mark-ups to compensate for the console HW which were sold at a loss in the eerier stages.

[robertlagrant → FirmwareBurner]

I don't understand; how is selling a console at a loss "rent-seeking"?

[FirmwareBurner → robertlagrant]

I never said that nor was that my point. You're connecting unrelated dots from my arguments.

[robertlagrant → FirmwareBurner]

I'm trying to make what you're saying make sense. I said I don't think rent-seeking is a good term for this. You begged to differ.