Technology

59440 readers

3424 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

1597

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

submitted 6 months ago by AnActOfCreation@programming.dev to c/technology@lemmy.world

672 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.

you are viewing a single comment's thread
view the rest of the comments

[–] andrew_bidlaw@sh.itjust.works 2 points 6 months ago

Most of bad rep is generated by insufferable hype train enthusiasts we started to call cryptobros and big tech CEOs trying to capitalize on putting this edgy technology everywhere, just like with LLMs right now. Many people who escape shit states in recent years legitly use cryptocurrencies to bring their unconvertable money abroad and that's more reliable than a suitcase of precious metal bars, lol. This tech is no Jesus or Devil, it just needs to mature and overcome the initial fascination, with most bad realizations and schemes dying off. In ten years this discourse would be very different.