Technology

59608 readers

4319 users here now

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

Our Rules

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

founded 1 year ago

MODERATORS

1598

submitted 6 months ago by AnActOfCreation@programming.dev to c/technology@lemmy.world

674 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

[–] kn98@feddit.nl 6 points 6 months ago (1 children)

No, because I’m not a trader. It’s not all about the exchange rate for me, but about the utility of the coin.

Most coins exist because other coins exist. Nano and Monero not necessarily.

[–] ___@lemm.ee 1 points 6 months ago (1 children)

BitCoin was the progenitor of those projects and rapidly gained value after strong usage (aka utility) and the ensuing scarcity. So you like BTC?

[–] kn98@feddit.nl 1 points 6 months ago (1 children)

No, because one transaction uses as much energy as a normal household in a year. Or something like that.

[–] ___@lemm.ee 1 points 6 months ago

Right, so fork it and make BTC Lite.