• 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.
  • @[email protected]
    cake
    link
    fedilink
    English
    241 year ago

    Why does the headline say “Crypto” but then snippet says “cryptocurrencies”? Do people not realize these are not the same thing? The inventor of Linux does believe in crypto, that’s why it’s in Linux!

    • @[email protected]
      link
      fedilink
      English
      171 year ago

      It’s the most annoying thing of these enthusiasts: they glorify cryptocurrencies and blockchain while glossing over the massively important and actually useful cryptography discipline in the background.

    • @[email protected]
      link
      fedilink
      English
      391 year ago

      They don’t. Just like “AI” has been co-opoted to mean “algorithm”.

      Large groups of humans turn everything they touch into shit.

      • @[email protected]
        link
        fedilink
        English
        31 year ago

        Algorithm??? I can understand not coming up with “Artificial Intelligence”, but if “Al” is “algorithm”, then that means they think its A L, with the L lowercase. So, that means they aren’t pronouncing it “aye eye” or “aye el” they’re pronouncing it “Al”. Like the first name Al.

        Which just makes me think of a reboot of Married with Children. Except it’s just Peggy surrounded by cyborgs made to look and sound like the original characters.

        So now Peggy wants sex, and she says “OOOOHHHHH AAAAAALLLLLLL!!!”

        Followed by a robot drinking a beer, and sticking his hands down his pants. Somehow even artificial Al looks defeated.

      • @[email protected]
        link
        fedilink
        English
        171 year ago

        I’m old enough to remember when algorithm was co-opted to be a fancy word replacement for “computer programming” or “software”.

    • Rustmilian
      link
      fedilink
      English
      141 year ago

      “Crypto” has become a widely used abbreviation for “cryptocurrency,” even though “crypto” itself refers to the general field of cryptography and its encryption techniques. This informal usage reflects how cryptocurrencies have become the most recognizable application of cryptography for most people.

          • @[email protected]
            link
            fedilink
            English
            11 year ago

            True, I wouldn’t expect people to know the terms ssl or tls. My point is, it’s a far, far more common application of cryptography than cryptocurrency.

            • Rustmilian
              link
              fedilink
              English
              51 year ago

              Yes, a more common application, but not the most recognizable for most people.

              • @[email protected]
                link
                fedilink
                English
                21 year ago

                I’m amazed people are acting like they think nobody has ever heard of this. I suppose it was more a 2010-2015 thing.

          • @[email protected]
            link
            fedilink
            English
            11 year ago

            Yes, because people were trained to look for the lock icon, though pretty much every site has it now, whether it’s something that necessitates security vs just privacy benefits. Maybe looking for the lock is outdated, idk, but it was emphasized a lot a few years ago.