- 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.
0 points
It does go against the history of currency. And most of that history tells us why it’s a good idea to democratize currency.
It’s also an impractical idea because most governments would not be happy about it.
1 point
most governments would not be happy about it
How come?
Energy production companies would be happy no?
Shouldn’t that make at least some govt. happy?
4 points
1 point
And most of that history tells us why it’s a good idea to democratize currency.
No… that history tells us that currency only exists when there’s a state / religion in control. There’s no reason for currency without a state / religion. Not only would it not work, it’s also unnecessary.
