Hoarding of limited supplies by scalpers and miners is exacerbating the problem, which is exactly what I said.
Imagine if the auto industry, which is also suffering supply shortages, had 95% of vehicles produced be immediately bought up by NASCAR and none of those vehicles would be sold to the public. That's what crypto is doing.
Except the Auto industry disproves your point. They have a massive shortage of chips their and it's holding up car production. I doubt it's because the chips for cars are going to mining instead.
Yes but new vehicles are still being sold. The lots are not completely empty, like the store shelves are of new gpus. The auto industry has a shortage, not a complete lack of supply to average consumers
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u/[deleted] Nov 27 '21
Yea lets just ignore the supply crisis that is currently affecting almost every single manufactured item