Short Sighted (Score 1)

With cheap VPS providers, your local hardware only has to be powerful enough to run ssh and vnc or rdp. I would argue this is beneficial since it lowers the barrier of entry. Amazon Lightsail may not be the cheapest, but it lets you get started with your own server for $5/month. If I could connect a keyboard and monitor to my phone, I wouldn't even need a full blown computer.