Linux Inventor Says He Doesn’t Believe in Crypto

AnActOfCreation@programming.dev to Technology@lemmy.world – 1577 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.
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Where are these laws that state energy companies cannot accept crypto as payment?

I don't know of any laws specifically against them accepting it, but I think it's probably demand-based because only about one-fourth to one-fifth of US citizens use crypto currently. I think that number will grow over the years.

So no laws them. And 25% of the US using crypto. That's surprising. Got any proof of that? That seems remarkably high. You could even say unbelievably high.