Linus Torvalds has said that cryptocurrencies are simply "a great vehicle for scams"
  • 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.
  • shortwavesurfer@monero.townEnglish
    45·
    1 month ago

    Fair enough, that should be a point in its favor though, at the very least. Our entire banking system runs on closed source proprietary software that people cannot inspect for vulnerabilities on generally closed source operating systems that people cannot inspect for vulnerabilities.