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Also important point 3:

They've promised they'll let you download DRM free if they ever shut down steam. Yea yeah, promise from a corporation, but still.

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They can't keep that promise because publishers are free to implement third party DRM. You can't blame Valve for the shutdown but you can blame them for lying.

Of course only Steam-based DRM (not that you need them to do it - removing steam DRM is fairly trivial and a shutdown would rapidly spread the tool for removing it).

Steam does indicate on the store page when games have additional third party DRM.

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