• 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.
  • NoMoreCocaine@lemmynsfw.com
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    2 年前

    It got the initial true push as an anti capitalist reaction, well if we ignore the scammers and gamblers. But more in the sense that “hey you got money but I don’t have any so imma make my own and be just like you”.

    Also when did I ever link it to post scarcity? I said, the only “solution” to monolithic money is either bartering or post scarcity, or abandoning capitalism in some fashion.

    Crypto is just another immutable database, except shared. It’s not a silver bullet or solution for… anything really. The validation methods are cute or terribly resource intensive and they add no real value, aside from consolidating power within the network.