Technology

58143 readers

4726 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

Approved Bots

founded 1 year ago

MODERATORS

1595

Linux Inventor Says He Doesn’t Believe in Crypto (u.today)

submitted 4 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

[–] Honytawk@lemmy.zip 2 points 4 months ago (1 children)

The solution isn't to gamble your money away but to fight for the regulations you want or to leave for a better country.

It is like fixing a car leak by replacing the valve with one made from Polonium-210

[–] monk@lemmy.unboiled.info 0 points 4 months ago* (last edited 4 months ago) (1 children)

or to leave for a better country.

And that's when you need bitcoin!! It's a money transfer mechanism, not an investment one.

[–] itsmect@monero.town 0 points 4 months ago* (last edited 4 months ago) (1 children)

>hide money

>bitcoin

If you really need to hide money from your government, pls consider a pocket change amount of xmr in case shtf. Take care brother, don't let the feds get you.

[–] monk@lemmy.unboiled.info 1 points 4 months ago

TY, I'm good, I fled early =)