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Rule of owning
(lemmy.ml)
Be sure to follow the rule before you head out.
Rule: You must post before you leave.
This is literally how it has always been.
You don't own any of the games you paid for, you bought a license to play those games under specific circumstances. It's the same with books & movies.
Valve have (allegedly) stated that in the case of Steam shutting down, games they can update to remove Steam DRM, they will.