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

posted 6 months ago

AnActOfCreation@programming.dev

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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KevonLooney@lemm.ee

6 points

6 months ago

All of that is way more productive than crypto because something actually gets produced. Crypto is literally only gambling and scams, plus it’s bad for the Earth. And I have nothing against gambling, it’s the fact that vulnerable people lose tons of money thinking it’s an investment.

Plus actual gambling is way more fun.

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piecat@lemmy.world

1 point

6 months ago

You’re not making the gambling more productive, you’re making the production worse.

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