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submitted 1 month ago by [email protected] to c/[email protected]
  • 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] 6 points 1 month ago

I think it's a shining example of the 'right' sort of rich. Despite a significance that overwhelmingly exceeds usual billionaire level, he's not nearly so 'rich' and yet he has enough to just not worry about money, but he has earned it.

[-] [email protected] 2 points 1 month ago

It’s a contribution thing. He contributed enough to society to deserve to not worry about money for the rest of his life. It’s rare though since we have a bunch of billionaires who skim the rewards from huge swaths of the population who also have contributed their part.

The financialization of retirement is a huge part of the problem for the middle class (or what’s left of it, upper-lower-class is probably more accurate). We have to invest in these assholes in order to save for retirement. The harder workers in services, laborers, and fields don’t even get that.

this post was submitted on 20 May 2024
1594 points (97.3% liked)

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