this post was submitted on 20 May 2024
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  • 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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[–] [email protected] 124 points 6 months ago (45 children)

If after 16 years you still have to be asked if you believe in crypto, then chances are that it is a scam.

[–] [email protected] 36 points 6 months ago (15 children)

Good point, I always wondered if there is a way the technology will evolve and somehow find a niche that's unexpected. But you're right, 16 years is a long time to be meandering.

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