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] 145 points 3 months ago (35 children)

Crypto means cryptography, stop using it to talk about cryptocurrency.

[–] [email protected] 12 points 3 months ago (14 children)

Yeah, that headline is very misleading. Crypto(graphy) is essential for the digital world to exist whereas the other stuff is a pyramid & money laundering scheme.

[–] [email protected] 6 points 3 months ago (1 children)

"Have you invested in crypto?"

Do you think anyone anywhere will misunderstand this as investing in cryptographic research/development?

The mainstream usage of the word isn't always aligned with what is good for society or even the original usage of the word.

[–] [email protected] 1 points 3 months ago

I guess I'm getting old then 😜

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