this post was submitted on 20 May 2024
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1641
Linux Inventor Says He Doesn’t Believe in Crypto (u.today)
submitted 11 months ago by [email protected] to c/[email protected]
647 comments fedilink hide all child comments
 
  • 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] 11 points 11 months ago (1 children)

Love how privileged people who never ever had to hide money from their governments debate the usefulness fo crypto. Ask him about woman hygiene products as well.

[–] [email protected] 2 points 11 months ago (1 children)

The solution isn't to gamble your money away but to fight for the regulations you want or to leave for a better country.

It is like fixing a car leak by replacing the valve with one made from Polonium-210

[–] [email protected] 1 points 11 months ago* (last edited 11 months ago) (1 children)

or to leave for a better country.

And that's when you need bitcoin!! It's a money transfer mechanism, not an investment one.

[–] [email protected] 1 points 11 months ago* (last edited 11 months ago) (1 children)

>hide money

>bitcoin

If you really need to hide money from your government, pls consider a pocket change amount of xmr in case shtf. Take care brother, don't let the feds get you.

[–] [email protected] 2 points 11 months ago

TY, I'm good, I fled early =)