Submitted 5 months ago by AnActOfCreation@programming.dev to technology@lemmy.world
https://u.today/linux-inventor-says-he-doesnt-believe-in-crypto
The modern tech industry needs the old Linus to pay it a visit. Too many grifts
Right, his talk about how he’s not very good at computers is pretty funny. I don’t understand the crypto hate on Lemmy. Although I guess I don’t understand a lot of why things are hated here. I guess crypto is too close to capitalism maybe? Freedom is frowned upon here.
Crypto is hated because it’s an MLM terminally online people.
It gains value because people want it and people want it because it gains value is both a perfect description of cryptocurrency and scams.
It gains value because people want it and people want it because it gains value is both a perfect description of cryptocurrency and scams.
Or gold, or any other precious metal, or currency for that matter….
If crypto had pivoted to freedom and prioritized mass-adoption, it would have been great. Instead, almost everyone who invested got more people to buy in, dumped it, and got their payday. So yes, very much like capitalism.
Shitcoins yes, bitcoin no. If you fell for Craig Wright’s scams you’d fall for any other kind of scam also.
the idea of crypto on its not bad on its own, its just there are a lot of bad actors agressively trying to prop up the value of some arbitrary crypto without actually selling a good or service in order to make a quick buck.
at least teams like the one behind Axie Infinity offered a product/service. Most don’t, which is the problem.
I guess we should all get rid of our bitcoin that’s worth hundreds of times more than when we bought it, because an operating system kernel developer doesn’t like it.
Linus is awesome but he’s not a god, his opinion of things outside the Linux kernel is just the opinion of a guy. Stop worshipping him, he doesn’t even like it.
It’s interesting to see Torvalds emerge as a kind of based tech hero. I’m thinking here also of his rant not long ago on social.kernel.org (a kernel devs microblog instance) that was essentially a pretty good anti-anti-leftism tirade in true Torvalds fashion.
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!
Beaver@lemmy.ca 5 months ago
Smart man!