- 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.
-1 points
crypto is too ecologically expensive and wasteful
Only some (proof of work) crypto is ecologically expensive and wasteful.
0 points
Oh there’s other’s? Guess I haven’t read enough.
But how to they manage to be decentralised?
0 points
Proof of stake is one method I’ve seen, but I’m sure there are others.
-1 points
Interesting, but, giving it a quick scan, some of them look like based on personal trust and others feel kinda chicken/egg-ish.
And I may need to read it properly first, but “holdings” feels like you probably need to buy some of it first, presumably using some other currency.
-2 points
As long as they use energy they are wasteful, considering they don’t provide anything constructive for that wasted energy which could have been used for better things.
5 points
2 points
