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.
  • TheGrandNagus@lemmy.worldEnglish
    0·
    4 months ago

    Again trying to sound smart. You have nothing tangible. You have numbers on a screen, and for some people that’s enough to throw money at.

    Nice attempt at moving the goalposts, btw.

      • TheGrandNagus@lemmy.worldEnglish
        0·
        4 months ago

        Their local currency. You know, that thing we were talking about? If you’ve forgotten you could’ve just scrolled up for a quick refresher.

        • shortwavesurfer@monero.townEnglish
          0·
          4 months ago

          Yes, but how do they interact with their local currency? Do they hold it in their hands? No, they don’t. It’s all numbers on a screen.