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.
  • merc@sh.itjust.worksEnglish
    1·
    5 months ago

    And most of that history tells us why it’s a good idea to democratize currency.

    No… that history tells us that currency only exists when there’s a state / religion in control. There’s no reason for currency without a state / religion. Not only would it not work, it’s also unnecessary.