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

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

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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.

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[–] witx@lemmy.sdf.org 6 points 6 months ago (1 children)

I read somewhere that someone was using anonymous currencies to buy life saving medicine from "non traditional" markets because they were much much cheaper. Let me see if I find the article

[–] tsonfeir@lemm.ee 5 points 6 months ago (2 children)

Well, that might be the only form of payment they take, and so you’ve got to use it I suppose. But the anonymous part really isn’t a huge factor here.

I would be a little cautious of buying “non traditional” medication from someone who doesn’t want a paper trail.

Unless you mean drugs, and then yes a paper trail is bad haha.

[–] witx@lemmy.sdf.org 2 points 6 months ago* (last edited 6 months ago)

Haha no drugs in that article at least. I can't find it but I think it was either for diabetes or asthma

[–] itsmect@monero.town 1 points 6 months ago

In most countries it's illegal to purchase or sell non-OTC medicine without a doctors note (buyer) and license (seller). Even if government doesn't care, I'm sure that big pharma would like to keep their profit margins.