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.
  • YtA4QCam2A9j7EfTgHrH@infosec.pubEnglish
    1904·
    6 months ago

    I fucking hate that the crypto currency ghouls have captured the word “crypto”. When I first read this I was wondering why in the fuck would Linus not like cryptography. My brain is old and crypto will always mean cryptography.

    • grrgyle@slrpnk.netEnglish
      47·
      6 months ago

      We just got to wait it out. Gods willing, it’ll come back to meaning cryptography again.

      • Syrc@lemmy.worldEnglish
        7·
        6 months ago

        Still waiting for the Swastika/Manji to be de-nazified. Probably not gonna see it in my lifetime, unfortunately.

        • YtA4QCam2A9j7EfTgHrH@infosec.pubEnglish
          4·
          6 months ago

          Behind the Bastards had a great few episodes about how a group of indigenous Americans chose to give up their sacred symbol that looked like a swastika because of the Nazis. Pretty sad but i guess fascists ruin everything.

    • RecluseRamble@lemmy.dbzer0.comEnglish
      111·
      6 months ago

      Absolutely. That’s why I always write “crypto-tokens” instead. It’s a bit longer and more annoying to write but I feel we owe it to the respectable field of cryptography.

    • BigDanishGuy@sh.itjust.worksEnglish
      3·
      6 months ago

      I still haven’t warmed up to using it for currency either, for me it’s a command on Cisco’s IOS. Which, BTW, I have to make clear is made by Cisco and make my phone write with a capital i.

      I understand that the world evolves, and that languages do as well … but I do have a problem with the speed which it evolves with, as well as it seems like the ignorant use of existing terminologies, is the main evolutionary factor these days.