• 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]
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    1 year ago

    Holy shit, the crypto bros are really triggered by this, out in full force in the comments. If the only argument you can bring for crypto is that you make/made money on it, that sounds a lot like a Ponzi scheme

    • @[email protected]
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      1 year ago

      I for one would love for Linus, probably Woz, and a third party yet to be decided(this would be Aaron Schwartz in a better world) to be given free reign to gut the whole industry and rebuild it into something isn’t wholly based on ad revenue and grift

      Edit: a bunch of good suggestions of people I need to read about for position three. If anyone can think of a digital equivalent to Marshall McLuhan I think we desperately needs input of that sort

        • @[email protected]
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          31 year ago

          The only possible correct answer

          No matter what crazy shit he says, give it a few years and he will be right . And I really hate that

        • @[email protected]
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          311 year ago

          I’d just like to interject for a moment. What you’re refering to as Stallman, is in fact, GNU/Stallman, or as I’ve recently taken to calling it, GNU plus Stallman. Stallman is not a man unto himself, but rather another free component of a fully functioning GNU system made useful by the GNU corelibs, shell utilities and vital system components comprising a full OS as defined by POSIX.

          • dohpaz42
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            61 year ago

            I lack the creativity, but someone please come up with a recursive acronym for Stallman.

            • @[email protected]
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              51 year ago

              Asked ChatGPT

              Stallman Tenaciously Advocates Liberation, Leading Movements Against Non-freedom

            • @[email protected]
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              51 year ago

              All you need to do is make the S stand for “Stallman”, and you’ll get a stack overflow before ever reaching the other letters (so you don’t need to think of a value for them).

      • @[email protected]
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        141 year ago

        Richard stallman is the only answer.

        I really hate everything he says, but so far on a lot enough timescale he has been fucking right about everything

      • mox
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        91 year ago

        I wonder if those three would get along. Collaborative chemistry can be an elusive thing, even if the individuals’ principles are mostly aligned.

        Either way, I’ll bet it would be interesting.

        • @[email protected]
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          61 year ago

          It’s certainly possible they wouldn’t get along, I feel like their shared enthusiasm for tech, plus the fact that Woz can get along with even the largest and stinkiest of assholes would help

          • mox
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            61 year ago

            I’ve never met Woz, but yes, I’ve long had the impression that his humility and sincerity reach depths seldom seen in humans, let alone in tech. Sadly, I also suspect these traits have made him easy to take advantage of in the past.

            • @[email protected]
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              41 year ago

              You are very correct, and even sadder the state of tech today is very much a result of the success of his primary exploiter

      • @[email protected]
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        181 year ago

        Old Linus with Woz and Schwartz is a dream.

        I understand why Linus wanted to clean up his act with people he works with. That is a good and admirable thing to do. I wish he would have kept his smoke for companies though.

  • @[email protected]
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    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]
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      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.

    • Rustmilian
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      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]
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            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.

          • @[email protected]
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            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
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              51 year ago

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

              • @[email protected]
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                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]
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      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]
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        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]
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        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”.

  • Frank Ring
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    161 year ago

    Linus creates kernels. Nothing to do with cryptocurrency. Tech is tech, but I wouldn’t necessarily listen to him about other things than kernels and computers. For example, he doesn’t even believe in FOSS, and he openly supports Google because of Android, Chromebooks and ChromeOS using Linux.

  • @[email protected]
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    1 year ago

    Linus Torvalds, creator of Linux, does not believe in cryptocurrencies, calling them a vehicle for scams and a Ponzi scheme.

    To be fair, that’s because Crypto is a vehicle for scams, and a Ponzi scheme.

  • cum
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    21 year ago

    I’ve literally only made millions off of crypto. Of course this is the Internet and I don’t need to verify me making shit up, but I will continue to say so because otherwise my feelings will get hurt. If you uplemmy this comment I will send you one trillion Bitcoin, real!

  • @[email protected]
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    161 year ago

    Well, I guess big name figures have a right to be wrong. Surprising since he is the creator of such a foundational piece of open source software that he would not like another piece of open source software just seems a bit hypocritical in my opinion

    • Match!!
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      1 year ago

      inventor of sushi hates my “crumbly strawberry queso” idea? just seems a bit hypocritical imo

      • @[email protected]
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        71 year ago

        Maybe I’m thinking more Richard Stalman than Linus Torvalds. But if he made Linux to promote freedom from corporates, then it seems like he should like cryptocurrency because it’s open source as well and permits freedom from government inflation. Humanity has never had a money not controlled by governments, except for gold and silver, and those are not easily sent over the internet.

              • @[email protected]
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                41 year ago

                Fair enough, that should be a point in its favor though, at the very least. Our entire banking system runs on closed source proprietary software that people cannot inspect for vulnerabilities on generally closed source operating systems that people cannot inspect for vulnerabilities.

        • Match!!
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          131 year ago

          In that case, though, why should it matter if Linus Torvalds promotes it? Something is a money if it is generally accepted as payment; gold and silver have self-evident value to people, and governments can use violence to ensure the value of money, but celebrity endorsement is hardly a reason to accept something as money.

          • @[email protected]
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            61 year ago

            Exactly. In Linux, he is God. In the rest of the world, he’s just your average dude. It doesn’t matter what he thinks.

        • stinerman
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          131 year ago

          He (Linus Torvalds) made Linux as a hobby during his time in college/university to teach him about operating system design. Because it was the part of the operating system called the kernel that the GNU project didn’t have yet (more on this in a moment), it became very popular. Richard Stallman created the GNU project because he believed that every person should have the right to study and share the software that runs on their computer.

          There is nothing specifically anti-corporate in either of their motivations.

        • @[email protected]
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          31 year ago

          Being open source does not make it good by default.

          The ledger being visible to every node makes it pretty bad. You can figure out the identity of users just by circumstantial evidence.

          And just because it’s not controlled by the government doesn’t mean, there aren’t powerful corporate people inside that can and will enact control over the chain. Otherwise Ethereum classic wouldn’t exist and Jordan Belford or Peter Thiel wouldn’t be fans of crypto.

  • Queen HawlSera
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    301 year ago

    I mean, at this point it’s like saying you don’t believe in Homeopathy