I have a large library of non-DRM games from multiple sources, to say nothing of physical releases and homebrew.
Even if I didn't, I have every right to say that an anticompetitive shitbag company's hack-job store sucks ass. Same goes for the Nintendo eShop. They don't care about their customers' experience, they only care about making money.
I've heard of people getting banned from online play on steam, but haven't heard of anyone losing their library. I guess if you only play online, it could be the same effect (so maybe don't be a douchebag when playing online?)
I don't play multiplayer, except the rare occasion, and it's usually direct connect (which you can't be banned from), so I wouldn't care.
At any rate, I'm not saying steam is perfect or should be the only store, just that EGS fucking sucks. I agree with Randy Pitchford; We should have many viable competitors. Options are good. Epic is not a good option.
EGS was always shit, I've said it since the beginning, and if they totally shut down and a bunch of dipshits lose their free libraries, all I'll do is laugh. Every downvote I've ever gotten for saying Epic is shit is just another tear for my collection.
You should have been able to see this coming the first (and every) time they bought a dev studio and immediately blocked game sales on Steam, or set games to exclusive for no reason other than locking out people who don't use their shitty store. Companies that can compete on their own merits don't have to do that, and being a fanboy because they gave out free games you probably already bought is fucking stupid.
You don't "almost get PTSD", and you wouldn't be laughing about something that would cause you to have it. It's a serious medical condition, not a fucking meme.
Why bother? Paid, non-transferable cloud backups, low-spec hardware that wears out in a few months, over-hyped/half-finished games (assuming they're ever released), back catalogs that aren't available if you don't subscribe or repurchase every generation... Just skip em.
If you want AAA games, there's plenty you can play mobile or on PC (or both), or if you specifically want indie, there's plenty of them too on Itch.io , individual websites, and steam (among many others; GoG, HumbleBundle, etc). You frequently don't even need to pay for these games, since a lot of them are free or via user-decided donations (mostly re: indies).
Hardware that can run them range everywhere from GPD handhelds to Steam Deck to any number of either's competitors, and they also function as more than just game machines since they run either Linux or Windows.