Mastodawn

AnActOfCreation May 20, 2024

Linux Inventor Says He Doesn’t Believe in Crypto

Linux Inventor Says He Doesn’t Believe in Crypto - programming.dev

- 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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xenspidey May 20, 2024

Right, his talk about how he’s not very good at computers is pretty funny. I don’t understand the crypto hate on Lemmy. Although I guess I don’t understand a lot of why things are hated here. I guess crypto is too close to capitalism maybe? Freedom is frowned upon here.

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Ciderpunk May 20, 2024

Crypto is hated because it’s an MLM terminally online people.

It gains value because people want it and people want it because it gains value is both a perfect description of cryptocurrency and scams.

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SchmidtGenetics May 20, 2024

It gains value because people want it and people want it because it gains value is both a perfect description of cryptocurrency and scams.

Or gold, or any other precious metal, or currency for that matter….

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Serinus

Okay, go buy some of Rudy Giuliani’s gold then. Enjoy.