• 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.
  • orrk@lemmy.world
    link
    fedilink
    English
    arrow-up
    0
    ·
    5 months ago

    like any true Liber-crypto-bro-tarian, your understanding of crypto is only undercut by your understanding of economics

    • jabjoe@feddit.uk
      link
      fedilink
      English
      arrow-up
      0
      arrow-down
      1
      ·
      5 months ago

      Manipulating currency is a useful tool. If you don’t think so, that makes you more liberian than me.

      Like many here, I’m big into open source, and card payment systems are an issue. Crypto is one solution to that. Crypto has advantages, but it falls down as a currency because of blind faith in the invisble hand.