Technology

59605 readers

4202 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

1598

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

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

674 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

[–] dwindling7373@feddit.it 12 points 6 months ago (2 children)

A lot of guys in my generation have most of their savings in crypto.

No they do not.

[–] amanneedsamaid@sopuli.xyz 1 points 6 months ago

When they lose that money they are going to create a very big political problem for the rest of us.

And this will not happen 💀

[–] shield_gengar@sh.itjust.works 1 points 6 months ago

I only know one 40 year old who started dumping everything into crypto (DCA, hasn't contributed to 401k or IRA in 15 years), but he even took lower pay to work on devops in crypto.

It's not everyone, but they exist.