this post was submitted on 20 May 2024
1597 points (97.2% liked)

Technology

59440 readers
3424 users here now

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

Our Rules

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

Approved Bots

founded 1 year ago
MODERATORS
L3s@lemmy.world
L3s@fry.gs
L4s@fry.gs
L4s@lemmy.world
enu@lemmy.world
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
[–] MataVatnik@lemmy.world 2 points 6 months ago (1 children)

I'm from Argentina, if you can pass me some articles I'd love to read them. It's something I've been interested in

[–] AIhasUse@lemmy.world 1 points 6 months ago

Traditionally clever Argentinians have used USD to escape the collapsing currency, but over the last couple of years, there has been a massive shift to doing this with Bitcoin and some stablecoins. Personally, I would just go for Bitcoin, but I do understand that there is less variance with stablecoins, so they may be a bit more practical for some people. Here is an article that goes into this.

https://www.bloomberg.com/news/articles/2024-03-19/bitcoin-gains-dim-argentines-dollar-refuge-with-276-inflation?embedded-checkout=true