- 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.
It’s not fine, when it wastes as much electricity as it does.
That niche use case, waste an enormous amount of processing power on literally nothing
I agree but at least the PoS cryptocurrencies seem to have solved the energy use problem.