- 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.
It’s not surprising tbh. Most millionaires like Linus or tech people in general have so much money that the problems of the financial system don’t impact their lives.
Continuous exponential growth is actually something our financial system was DESIGNED FOR. It it makes no sense our inflationary money makes no sense.
Crypto is not going to fix the financial system, nor will it make you a millionaire.
And if it did, then that’s why you’re selling it!
Like I said, privileged people who don’t think that bitcoin is useful.