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Linux Inventor Says He Doesn’t Believe in Crypto (u.today)

submitted 7 months ago by AnActOfCreation@programming.dev to c/technology@lemmy.world

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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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[–] YtA4QCam2A9j7EfTgHrH@infosec.pub 187 points 7 months ago (6 children)

I fucking hate that the crypto currency ghouls have captured the word “crypto”. When I first read this I was wondering why in the fuck would Linus not like cryptography. My brain is old and crypto will always mean cryptography.

[–] grrgyle@slrpnk.net 47 points 7 months ago (1 children)

We just got to wait it out. Gods willing, it'll come back to meaning cryptography again.

[–] Syrc@lemmy.world 7 points 7 months ago (1 children)

Still waiting for the Swastika/Manji to be de-nazified. Probably not gonna see it in my lifetime, unfortunately.

[–] YtA4QCam2A9j7EfTgHrH@infosec.pub 4 points 7 months ago* (last edited 7 months ago)

Behind the Bastards had a great few episodes about how a group of indigenous Americans chose to give up their sacred symbol that looked like a swastika because of the Nazis. Pretty sad but i guess fascists ruin everything.

[–] RecluseRamble@lemmy.dbzer0.com 10 points 7 months ago* (last edited 7 months ago)

Absolutely. That's why I always write "crypto-tokens" instead. It's a bit longer and more annoying to write but I feel we owe it to the respectable field of cryptography.

[–] PlexSheep@infosec.pub 4 points 7 months ago

I'm still a student, same for me.

[–] BigDanishGuy@sh.itjust.works 3 points 7 months ago

I still haven't warmed up to using it for currency either, for me it's a command on Cisco's IOS. Which, BTW, I have to make clear is made by Cisco and make my phone write with a capital i.

I understand that the world evolves, and that languages do as well ... but I do have a problem with the speed which it evolves with, as well as it seems like the ignorant use of existing terminologies, is the main evolutionary factor these days.

[–] Mango@lemmy.world 1 points 7 months ago

It uses cryptography. It's kinda like how electro is a genre of electronic music.