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.
  • TheGrandNagus@lemmy.worldEnglish
    3·
    6 months ago

    I have no like of transaction fees but… you know they exist in the cryptocurrency world right? And that they’re generally higher? Those transactions take work and aren’t done out of charity.