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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[–] kn98@feddit.nl 11 points 4 months ago* (last edited 4 months ago) (46 children)

I only like two cryptocurrencies.

Nano: free transactions, each wallet runs it’s own blockchain, so it’s got no negative impact on the environment.

Monero: allows for anonymous transfers

[–] tsonfeir@lemm.ee 11 points 4 months ago (32 children)

I ask this sincerely, what have you personally needed an anonymous currency for?

[–] Mo5560@feddit.de 9 points 4 months ago (1 children)

The obvious one is buying drugs. I don't feel like arguing the morality of doing that but anonymous money is definitely useful for that.

[–] tsonfeir@lemm.ee 2 points 4 months ago

I’ve bought drugs online and in person so don’t worry about judgement. Drugs are fun.

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