

Pre-COVID, when the Ethereum mining went crazy… so around the time of the RTX 2000 series? Which honestly was pretty lacklustre compared to the GTX 1000 series…
So yeah, it’s been a while!


Pre-COVID, when the Ethereum mining went crazy… so around the time of the RTX 2000 series? Which honestly was pretty lacklustre compared to the GTX 1000 series…
So yeah, it’s been a while!


I meant relatively simple in the sense that it shouldn’t require a full re-write of existing laws - just an addition to, knowing full well that enforcement would be the biggest challenge.
Hefty fines (over and above the value of the assets used as collateral) on the lenders if caught not reporting could help ensure compliance.
Another way to tackle it might also be to treat the end of every financial year as a Capital Gains Event for assets over a certain threshold? That way, it just becomes part of people’s annual tax returns and taking out loans wouldn’t necessarily help avoid it.
eg. If FY26 saw Elon Musk’s wealth increase by $10bn, he would owe ~$2bn in Capital Gains to the IRS.
Also, to head off possible arguments: Given that the US taxes its citizens even if they live/work abroad - there would also be negligible risk of capital flight.


There is a (relatively) simple solution to this; Make the act of taking out a loan against the value of your assets (which the wealthy tend to do, for liquid cashflow) a Capital Gains taxable event.
Honestly, if you don’t mind gaming at 1080p, and keeping graphical settings reasonable in order to maintain a playable frame rate - you could be OK for a couple more years.
Otherwise if the upgrade itch just becomes too much, the Steam Machine could very well be a suitable entry point - provided that RAM model prices don’t continue to skyrocket.
I truly cannot wait for the day that the current AI bubble bursts.