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.
  • BaardFigur@lemmy.worldEnglish
    62·
    6 months ago

    It’s not fine, when it wastes as much electricity as it does.

    That niche use case, waste an enormous amount of processing power on literally nothing

    • matjoeman@lemmy.worldEnglish
      2·
      6 months ago

      I agree but at least the PoS cryptocurrencies seem to have solved the energy use problem.