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

submitted 6 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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[–] FlyingSquid@lemmy.world 2 points 6 months ago (1 children)

Ah, so this is a societal collapse where you have to bribe a border guard to get out of the country but where food is secure. I see. I'm pretty sure that's not how it works in Venezuela, so can you give an actual example of such a situation?

[–] shortwavesurfer@monero.town 1 points 6 months ago (1 children)

At least from what I understand, Cuba.

[–] FlyingSquid@lemmy.world 2 points 6 months ago* (last edited 6 months ago) (1 children)

Can you provide an example of someone getting out of Cuba by bribing a guard with a metal coin representing a certain Bitcoin value?

Because, believe it or not, I've met plenty of Cubans who just got on an airplane.

[–] shortwavesurfer@monero.town 1 points 6 months ago

Admittedly, I have very little actual information on their situation, and it's more just hearsay. So if you've met them, then you would have more information than I do.