Linus Torvalds has said that cryptocurrencies are simply "a great vehicle for scams"
  • 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.
  • db2@lemmy.worldEnglish
    0·
    6 months ago

    I guess we should all get rid of our bitcoin that’s worth hundreds of times more than when we bought it, because an operating system kernel developer doesn’t like it.

    Linus is awesome but he’s not a god, his opinion of things outside the Linux kernel is just the opinion of a guy. Stop worshipping him, he doesn’t even like it.

    • tacosplease@lemmy.worldEnglish
      0·
      6 months ago

      Have fun playing hot potato with your savings I guess.

      We don’t dislike crypto because Linus doesn’t like it. We like Linus more because he doesn’t like crypto.

    • Honytawk@lemmy.zipEnglish
      0·
      6 months ago

      If I can make value out of shit, it still stays shit.

      Just because you were able to scam others out of their money doesn’t mean crypto holds any value to society.