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Linux Inventor Says He Doesn’t Believe in Crypto (u.today)

submitted 5 months ago by [email protected] to c/[email protected]

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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] 144 points 5 months ago (35 children)

Crypto means cryptography, stop using it to talk about cryptocurrency.

[–] [email protected] 12 points 5 months ago (14 children)

Yeah, that headline is very misleading. Crypto(graphy) is essential for the digital world to exist whereas the other stuff is a pyramid & money laundering scheme.

[–] [email protected] 29 points 5 months ago (2 children)

It's not "misleading," because the vast majority of people understand what the current colloquial use of crypto is.