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You can't really compare Steam's DRM to what Microsoft was proposing. Steam doesn't have the online checks and it isn't your only option if you want to buy PC games. A lot of the DRM Microsoft was going to implement simply didn't make sense for a platform that was supposedly closed to begin with.

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Steam phones homes given the opportunity--Microsoft saying, hey, once a day the box phones home is completely reasonable, especially if it enables certain other features as it seems it would.

steam has offline mode in which it doesn't even tries to go online.

I had a time where I suddenly didn't have access to internet for 3 weeks, and I didn't get the chance to put steam properly in offline mode or anything, however it still worked completely fine during this time and didn't feel the need to phone home.

If I had an xbox one, I wouldn't be able to play my single player games after at most 24 hours.

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