- 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.
Crypto is a textbook example of why we as a society can’t have nice things. To many people are selfish and self serving, and not enough people are willing to ostracize those types of people from society for such actions.
Real Tragedy of the Commons situation.