this post was submitted on 20 May 2024
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Well, I guess big name figures have a right to be wrong. Surprising since he is the creator of such a foundational piece of open source software that he would not like another piece of open source software just seems a bit hypocritical in my opinion
inventor of sushi hates my "crumbly strawberry queso" idea? just seems a bit hypocritical imo
Maybe I'm thinking more Richard Stalman than Linus Torvalds. But if he made Linux to promote freedom from corporates, then it seems like he should like cryptocurrency because it's open source as well and permits freedom from government inflation. Humanity has never had a money not controlled by governments, except for gold and silver, and those are not easily sent over the internet.
Being open source does not make it good by default.
The ledger being visible to every node makes it pretty bad. You can figure out the identity of users just by circumstantial evidence.
And just because it's not controlled by the government doesn't mean, there aren't powerful corporate people inside that can and will enact control over the chain. Otherwise Ethereum classic wouldn't exist and Jordan Belford or Peter Thiel wouldn't be fans of crypto.