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I mean, why are non-crypto consumers better than crypto ones from a utilitarian POV? (I play video games and dislike crypto - I'm just asking). I suppose that p

I mean, why are non-crypto consumers better than crypto ones from a utilitarian POV? (I play video games and dislike crypto - I'm just asking). I suppose that people do things other than gaming with 3080s, because I would be hard pressed to make a convincing argument that gaming is somehow so much more valuable of a hobby than mining crypto that it's worth the hit to general purpose computing to specifically ban crypto

Daishiman 5y ago
Content creators, specialty industrial systems, R&D researchers, and designers are core customers of nVidia's products too. They frankly contribute to society in a way that speculators never will.
istorical 5y ago
I think the missing factor here is that mining groups are sort of like neo-feudalists. If crypto ends up becoming the de facto world currency, then mining groups that are already wealthy purchasing all available stock of GPUs to mine and further enrich themselves is sort of like if 70% of land was owned by wealthy nobles, and they used the profits from their land ownership to purchase all new land-producing/discovering capital and therefore become the owners of all new land coming onto the market. It's like the worst nightmare of those worried about income inequality. And it just so happens to affect retail consumers who just want "land" for other purposes than becoming richer.
- 1_person 5y ago
  > 70% of land was owned by wealthy nobles, and they used the profits from their land ownership to purchase all new land-producing/discovering capital and therefore become the owners of all new land coming onto the market So, basically, like REITs? It's funny that graphics card feature sets are what generate moral outrage when a feudal regression happening in real time before our very eyes in regards to the basic necessities of life.
  - thereare5lights 5y ago
    It's a lot easier to cripple graphics cards than it is to do anything political
nitrogen 5y ago
I use my GPU to render visualizations for my work and for educational YouTube videos. It's not just gaming, but even then, belittling gaming is kind of silly. Entertainment has value too, and that entertainment supports lots of actual people doing actual work. And crypto itself is the biggest hit to general purpose computing outside of the walled garden world of phones. What computing can be done if crypto speculation consumes all available computing power?

Daishiman 5y ago

Content creators, specialty industrial systems, R&D researchers, and designers are core customers of nVidia's products too. They frankly contribute to society in a way that speculators never will.

istorical 5y ago

I think the missing factor here is that mining groups are sort of like neo-feudalists. If crypto ends up becoming the de facto world currency, then mining groups that are already wealthy purchasing all available stock of GPUs to mine and further enrich themselves is sort of like if 70% of land was owned by wealthy nobles, and they used the profits from their land ownership to purchase all new land-producing/discovering capital and therefore become the owners of all new land coming onto the market. It's like the worst nightmare of those worried about income inequality. And it just so happens to affect retail consumers who just want "land" for other purposes than becoming richer.

1_person 5y ago
> 70% of land was owned by wealthy nobles, and they used the profits from their land ownership to purchase all new land-producing/discovering capital and therefore become the owners of all new land coming onto the market So, basically, like REITs? It's funny that graphics card feature sets are what generate moral outrage when a feudal regression happening in real time before our very eyes in regards to the basic necessities of life.
- thereare5lights 5y ago
  It's a lot easier to cripple graphics cards than it is to do anything political

nitrogen 5y ago

I use my GPU to render visualizations for my work and for educational YouTube videos. It's not just gaming, but even then, belittling gaming is kind of silly. Entertainment has value too, and that entertainment supports lots of actual people doing actual work. And crypto itself is the biggest hit to general purpose computing outside of the walled garden world of phones. What computing can be done if crypto speculation consumes all available computing power?