- 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.
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!
They don’t. Just like “AI” has been co-opoted to mean “algorithm”.
Large groups of humans turn everything they touch into shit.
“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.
Seems like it should be SSL.
Https is more recognized.
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.
Yes, a more common application, but not the most recognizable for most people.
I’m amazed people are acting like they think nobody has ever heard of this. I suppose it was more a 2010-2015 thing.