To be clear, that Steam Discussions moderator's assertion is wrong, and top courts covering a sizeable amount of the world's population have ruled that they're wrong, and Valve themselves have also explicitly stated that they sell, not rent or lease, games to those people who purchase them through their Steam service (I've included that information in the second-half of this post). That moderator liked to do things like delete posts and lock any threads where people demonstrated otherwise. Some of the bottom part of this post is a paste of a message I sent to Steam support following the seemingly-bullying actions of a Steam forum moderator who has been falsely telling people that Steam rents / leases games through their service and doesn't sell them, and who was intolerant of anybody telling them they're wrong.
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