Technology

58061 readers

31 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

[email protected]

1408

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

submitted 4 months ago by [email protected] to c/[email protected]

551 comments fedilink hide all child comments

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.

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 1 points 4 months ago (1 children)

The minute a billionaire bought the company they previously used, because in open source software, they finally see that no billionaire can buy it and control it like they can a closed source system.

I’m genuinely struggling to understand what this sentence means. Is it badly worded or am I just brainfarting?

[–] [email protected] 2 points 4 months ago (1 children)

Oh, sorry. I was using voice dictation to type that and it put a period in the wrong place. That is not the beginning of a nuisance. I was intending to say that they flock to open source software the minute that a billionaire buys the thing they were using because they realize that a billionaire can't buy open source software.

[–] [email protected] 1 points 4 months ago (1 children)

Oh, that makes sense.

I think “open source money” is a great idea and I’m sure many here do too, but as others pointed out in the replies, cryptocurrency has a lot of issues at the moment for that to be viable.

Also, a lot of the hate probably comes from all the people shilling for it and the whole “get rich with this!!!” narrative around it.

[–] [email protected] 1 points 4 months ago

Yeah, I'm not in it for those get rich quick reasons and I despise people who are. I am in it for the tech and the potential to increase human freedom around the world.