- 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.
You’re not understanding. Real money isn’t only numbers on a screen. It can be physical or not, it doesn’t really matter. What matters is that it’s universally backed and usable.
Crypto isn’t. It’s just numbers on a screen without the backing of government, business, or most people.