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

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

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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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[–] uienia@lemmy.world -2 points 6 months ago (2 children)

As long as they use energy they are wasteful, considering they don't provide anything constructive for that wasted energy which could have been used for better things.

[–] matjoeman@lemmy.world 5 points 6 months ago

By this argument any website is wasteful. There's always a "better thing".

[–] iopq@lemmy.world 2 points 6 months ago

Banks also use energy, so banks are wasteful too