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Linux Inventor Says He Doesn’t Believe in Crypto(u.today)

posted 6 months ago

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AnActOfCreation@programming.dev

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technology@lemmy.world

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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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[ - ]

magic_lobster_party@kbin.run

1 point

6 months ago

No one is investing in regular currencies. You’re supposed to use it to buy stuff.

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[ - ]

Zacryon@lemmy.wtf

8 points

6 months ago

Forex traders are shocked.

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[ - ]

14 points

6 months ago

*

No, people absolutely do invest in currency. It’s quite a big thing actually.

https://www.investopedia.com/financial-edge/0412/the-basics-of-currency-trading.aspx

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