Linus Torvalds has said that cryptocurrencies are simply "a great vehicle for scams"
  • 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.
  • oce 🐆@jlai.luEnglish
    7010·
    5 months ago

    Crypto means hidden, stop using it to talk about cryptography.

    • SOB_Van_Owen@lemm.eeEnglish
      19·
      5 months ago

      It’s also sometimes used as shorthand for crypto-orchidism -undescended testicles.

      • ExFed@lemm.eeEnglish
        2·
        5 months ago

        Ahh, so… crypto, which is based on crypto, can be used to pay for treatments to crypto.

        Got it.

    • erwan@lemmy.mlEnglish
      249·
      5 months ago

      Crypto currencies doesn’t mean “hidden currency”, it means currency based on cryptography.