Steam is just ok to for what I want from a store/launcher.

It's not just ok, compared to the alternatives. A games library that cannot be matched, regular sales, easy no-frills refunds, cloud saves, beta support, family mode, big picture support, seamless integration with the Steam deck, which in its own right, has pushed right-to-repair and Linux gaming to new heights. The competition doesn't even have any of this stuff, including the console market, and if they can't compete, they don't deserve my money.

No digital game store is worth your loyalty.

I'm fine being loyal to a privately-owned company that actually gives a shit about its customers. As long as Gabe is still alive and they will continue to be privately-owned, the company will stay in good graces.