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  • Linus Torvalds, creator of Linux, does not believe in cryptocurrencies, calling them a vehicle for scams and a Ponzi scheme.
  • Torvalds was once rumored to be Bitcoin creator Satoshi Nakamoto, but he clarified it was a joke and denied owning a Bitcoin fortune.
  • Torvalds also dismissed the idea of technological singularity as a bedtime story for children, saying continuous exponential growth does not make sense.
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[-] Screemu@lemmy.dbzer0.com 28 points 6 months ago

Linus is already a multimillionaire, he doesn't need a pump and dump.

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[-] HawlSera@lemm.ee 25 points 6 months ago

I mean, at this point it's like saying you don't believe in Homeopathy

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[-] Donjuanme@lemmy.world 21 points 6 months ago

It's as if this headline were written to stir discussion on lemmy.

[-] Veraxus@lemmy.world 16 points 6 months ago

Thank goodness. Such a useless technology.

Scratch that... it's not useless, because it's great for scams and fraud. It's actively harmful.

[-] crystalmerchant@lemmy.world 16 points 6 months ago

Who the fuck tell their kids bedtime stories about the idea of technological singularity??

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[-] iAvicenna@lemmy.world 13 points 6 months ago* (last edited 6 months ago)

Lets see, cryptocurrencies involve tech bros, fin bros and lots of money. I am not surprised it is on its way to become the most disgusting money making scheme in the world.

[-] SolarPunker@slrpnk.net 12 points 6 months ago* (last edited 6 months ago)

Cryptos can be a useful technology in certain targeted fields but they are not the solution to capitalism, it is much more important to focus on social issues and mutual aid.

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this post was submitted on 20 May 2024
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