Yes, for what it does, because my laptop doesn't have optical out. If a DAC converts from USB to optical, digital to digital, then would there there a loss in info and therefore loss in SQ?
USB is digital, Optical S/PDIF is digital, no DAC involved - DAC implies Digital to Analog. There should be no loss in "info", but considering optical isn't as good as coax I would simply recommend using something that outputs coax S/PDIF.
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