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.
  • Honytawk@lemmy.zipEnglish
    2·
    5 months ago

    The solution isn’t to gamble your money away but to fight for the regulations you want or to leave for a better country.

    It is like fixing a car leak by replacing the valve with one made from Polonium-210

    • monk@lemmy.unboiled.infoEnglish
      11·
      5 months ago

      or to leave for a better country.

      And that’s when you need bitcoin for. It’s a money transfer mechanism, not an investment one.

      • itsmect@monero.townEnglish
        11·
        5 months ago

        >hide money

        >bitcoin

        If you really need to hide money from your government, pls consider a pocket change amount of xmr in case shtf. Take care brother, don’t let the feds get you.