• 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.
  • AIhasUse@lemmy.world
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    1 month ago

    It’s such a first-world thing to not understand all the good that crypto has done. There are countless lives that have been financially saved by having a safe place to hold wealth while their countries’ fiat collapsed. It’s just a short matter of time until many first world folks understand this as well.

    • Traister101@lemmy.today
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      1 month ago

      Sounds like the same shit those rare metal guys are always yapping about but with extra scams…

      • AIhasUse@lemmy.world
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        1 month ago

        Yeah, probably, don’t worry about it, it’s all a bit complex so probably all just the same thing, who knows. No way to tell really. You’ll be fine without digging too deep into this stuff, it’s difficult to understand.

        • al4s@feddit.de
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          1 month ago

          Yes, because infrastructure, subsidies, education and social spending still need to happen and not paying your taxes will erode those things long before they stop a genocide. If you don’t care about getting in trouble with your government, there are more effective things that can be done.

          • Cypher@lemmy.world
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            1 month ago

            So you’re arguing it is moral to pay taxes even if you are North Korean? Interesting.

            • DPRK_Official@lemmy.world
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              1 month ago

              Our citizens pay taxes out of pure love and devotion to our Dear Leader. We don’t have room for your silly Western moralities.

    • MataVatnik@lemmy.world
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      1 month ago

      There was promise for people in Argentina livig under extreme inflation but I never heard it go anywhere.