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Right, because GPU's are expensive and scarce because of crypto, and all other inflation, demand and supply chain issues are a completely unrelated topic that j
by victorvosk 5y ago
Right, because GPU's are expensive and scarce because of crypto, and all other inflation, demand and supply chain issues are a completely unrelated topic that just happens to be coinciding... /s
- h4kor 5y agoI tried to correct for overall price development. The correlation still persists.
- bdcravens 5y agoThe GPU pricing and availability has been a problem well before the current environment. Well before COVID even.
- victorvosk 5y agoGPU's went up as crypto gained popularity, crypto has gained popularity as governments kept printing more money handouts. We now have high inflation, high demand, chip shortages, supply chain shortages and high crypto popularity because of out of control fiat printing. This also coincides with the governments sudden desire to regulate the industry despite it existing for nearly a decade now. Its a leak in the their system. You can't print money and hand it out where you want if someone has a hedge against your money printers.
- bdcravens 5y agoWhile I agree with you that out of control fiat printing is a problem, I think you're overstating things. You can't ignore the role of the pandemic in the supply chain issues, and you can't ignore that many turn to crypto only to gain more fiat. I say this as someone who has been in crypto since 2011, and I've seen what happens during the bear markets. Many who aren't "true believers" or whose bags are too heavy abandon it, even though the money printers haven't changed during those times.