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] 10 points 5 months ago* (last edited 5 months ago) (46 children)

I only like two cryptocurrencies.

Nano: free transactions, each wallet runs it’s own blockchain, so it’s got no negative impact on the environment.

Monero: allows for anonymous transfers

[–] [email protected] 11 points 5 months ago (32 children)

I ask this sincerely, what have you personally needed an anonymous currency for?

[–] [email protected] 17 points 5 months ago (8 children)

I use anonymous currency daily without issue. It's called cash.

[–] [email protected] 11 points 5 months ago (2 children)

You can't use cash online tho

[–] [email protected] 15 points 5 months ago (1 children)

You just have to fold it really small to poke it down the wires.

[–] [email protected] 2 points 5 months ago* (last edited 5 months ago)

True. Although you can put cash on a debit card and spend that online. Pseudo anonymous because there is some degree of traceability.

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