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

submitted 6 months ago by AnActOfCreation@programming.dev to c/technology@lemmy.world

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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.

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[–] AlexWIWA@lemmy.ml 170 points 6 months ago (23 children)

The modern tech industry needs the old Linus to pay it a visit. Too many grifts

[–] cmbabul@lemmy.world 85 points 6 months ago* (last edited 6 months ago) (22 children)

I for one would love for Linus, probably Woz, and a third party yet to be decided(this would be Aaron Schwartz in a better world) to be given free reign to gut the whole industry and rebuild it into something isn’t wholly based on ad revenue and grift

Edit: a bunch of good suggestions of people I need to read about for position three. If anyone can think of a digital equivalent to Marshall McLuhan I think we desperately needs input of that sort

[–] betheydocrime@lemmy.world 19 points 6 months ago (1 children)

Maybe Cory Doctorow?

[–] cmbabul@lemmy.world 9 points 6 months ago (2 children)

I definitely considered just saying him outright but I don’t know quite enough about him outside of a few articles I’ve read to be certain I wanted to be so bold

[–] captainlezbian@lemmy.world 5 points 6 months ago

I feel like he’s definitely the person to sit in Schwartz’s seat.

[–] everett@lemmy.ml 2 points 6 months ago

Be so bold.

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