this post was submitted on 20 May 2024
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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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[–] [email protected] 70 points 7 months ago (3 children)

Its just a big money laundering scheme

[–] [email protected] 17 points 7 months ago

And/or a fucking casino

[–] Lucidlethargy 2 points 7 months ago

A bad one, at that. I think the reason many governments are going with it is because it's far less untraceable than some idiots like to believe.