Linux Inventor Says He Doesn’t Believe in Crypto

AnActOfCreation@programming.dev to Technology@lemmy.world – 1579 points –
Linux Inventor Says He Doesn’t Believe in Crypto
u.today
  • 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.
645

You are viewing a single comment

It's not surprising tbh. Most millionaires like Linus or tech people in general have so much money that the problems of the financial system don't impact their lives.

Torvalds also dismissed the idea of technological singularity as a bedtime story for children, saying continuous exponential growth does not make sense.

Continuous exponential growth is actually something our financial system was DESIGNED FOR. It it makes no sense our inflationary money makes no sense.

Crypto is not going to fix the financial system, nor will it make you a millionaire.

Continuous exponential growth is actually something our financial system was DESIGNED FOR. It it makes no sense our inflationary money makes no sense.

This is the most hilarious part. One system literally has exponential growth, while the other is literally created to combat this.