Yes? I agree "geo" and "region" are synonymous here, but as I understand the word "blocked" to be "blocked" a transaction has to be in action in the first place

Yes? I agree "geo" and "region" are synonymous here, but as I understand the word "blocked" to be "blocked" a transaction has to be in action in the first place - and if one party to the transaction (steam) isn't interested then the transaction wasn't in action. Similarly you can block a punch, but not if it was never thrown.