Geizhals is an Austrian website, not German. The just tend to have a .de URL too for German shops. Source: Imprint https://unternehmen.geizhals.at/impressum/
Are cryptocurrencies to blame for high GPU prices?
351–352 of 352 posts
Re: Are cryptocurrencies to blame for high GPU prices?
#352Earlier quoted context omitted.
> That’s less significant than you might think as US GDP is almost 1/4 of global GDP and foreign countries don’t keep that many USD on hand. Aka even in global terms US GDP is vast. Sure, but the value of the dollar (like everything else) is in how easy it is to get (supply). The US GDP is not a measure of the supply of dollars on the market, it is a measure of how often those dollars are exchanged. > Bitcoin has sig…
> Sure, but the value of the dollar (like everything else) is in how easy it is to get (supply). The US GDP is not a measure of the supply of dollars on the market, it is a measure of how often those dollars are exchanged. The US GDP directly translates into the amount of taxes paid. Suppose a 50% drop in the value of USD happens. If nothing else happens taxes increase by 100%, and people need to acquire more USD whi…
>The US GDP directly translates into the amount of taxes paid. Suppose a 50% drop in the value of USD happens. If nothing else happens taxes increase by 100%, and people need to acquire more USD which drives the value of the currency up.
? GDP is produced and denominated in USD, domestic taxes are paid in USD. How does a drop in the relative value of USD compared to a foreign currency influence domestically paid taxes in any way?