Linus Torvalds has said that cryptocurrencies are simply "a great vehicle for scams"
  • 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.
  • deathbirdEnglish
    410·
    1 month ago

    Actually agree, generally.

    Bitcoin is a pyramid scheme basically, but it’s not the only block chain in town.

    Anonymous peer-to-peer financial exchanges can actually be good.

    Cooperative ledgers can be good.

    Public ledgers can be good.

    https://theblockchainsocialist.com/