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.
  • KevonLooney@lemm.eeEnglish
    126·
    5 months ago

    All of that is way more productive than crypto because something actually gets produced. Crypto is literally only gambling and scams, plus it’s bad for the Earth. And I have nothing against gambling, it’s the fact that vulnerable people lose tons of money thinking it’s an investment.

    Plus actual gambling is way more fun.

    • piecat@lemmy.worldEnglish
      21·
      5 months ago

      You’re not making the gambling more productive, you’re making the production worse.