- 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.
0 points
No power or infrastructure required.
1 point
1 point
While the ones that do exist still exist, and that’s not to say that somebody couldn’t create other things that were similar. Just as long as the private key is not peeled away, then you know it’s actually got the value it says. And you don’t need the internet to verify that.
1 point
Okay, so let’s say the country’s economy has collapsed. People are fleeing for the border. I go up to a border guard with one of those and hand it to him… do you really think he’s going to believe that has value?
