Topic: Linux Inventor Says He Doesn’t Believe in Crypto (Read 603 times)

That's an interesting example to put into comparison, I am saving that one for discussions, thanks! And I agree with the take on the reality.

In addition to that, the other person might be right... but you might be right as well, even if that seems to be impossible.

For example, someone might say "it's finally summer!", but you think that person is crazy because you are just seeing the beginning of winter.

Both are right, it just happens to be that they live on the other sides of the world.

So, basically your reality might be different to the reality of another person, and their statement might be true for them, but that doesn't mean that what they say apply to you necessarily.

If someone comes to you and tells you that your wife is bad and untrustworthy, you should leave her. Would you leave her when you're the one who lives with your wife and knows her better than anyone else, and you don't even know who the other person is? This sounds ridiculous, right?

Likewise, is Bitcoin good or bad, is it a scam, ponzi or not? We can research and evaluate for ourselves, why would we change our opinion just because someone is impacting us with their distorted thinking?
I don't know how long the Linux inventor has known and learned about bitcoin, but I have been involved in the market for many years and spent a lot of time researching bitcoin. I am confident in my knowledge and choices, there is no reason I should care about what others say.

He didn't mention the word Bitcoin itself, talking about the crypto as a whole, yet, I wouldn't judge anyone for believing one thing is wrong, or the other is right. If he truly believes that the crypto is a scam - it's his choice. People always do and strive at what they believe in, even if it's wrong in the core or wouldn't proof them right. He may think it's bad, but, for many other people, it would be something that makes their lives better and engaging.

I do not mind what other people's thought about Bitcoin.  Everyone has their own belief, if we let ourselves got affected by other people's belief, it will be hard for us to live in peace since we have to adjust and react to what they are thinking.  My thought about Bitcoin is established and was already proven for years, so this kind of statement does not affect me much.

So, if the Linux inventor says he does not believe in crypto then let him be, if ever, he will be the one missing out on the great opportunity Bitcoin brings.

If Bitcoin being a free market is a Ponzi scheme, what about those assets controlled and manipulated by larger companies and institutions?

I agree with you, the market doesn't give a shit to those who consider it a Ponzi scheme or something similar. Many people still consider Bitcoin as useless and a Ponzi type of scheme, but in actual those people are cowards or the ones without any brains.

Top personalities who say Bitcoin isn't a good asset are still living in dark ages and they're 100's to 1000's backward when it comes to their mindset. We don't really care who believes in Bitcoin and who doesn't, all we know is that we love it and it will continue to grow no matter what people say about it.

So, a person who created a product, an invention that people decided to build on, doesn't like another invention on which other people build their software and businesses. That's what it all comes down to.
To an inventor of a washing machine not liking the idea of a vacuum cleaner, or the inventor of a radio not liking the TV...Who cares? I see no reason why I should. I don't even use Linux.

He clearly doesn't understand bitcoin if he thinks that we're suckers holding our bags, hoping for someone to buy it from us. That would actually fit bonds 100% because people buy them only to dump them as soon as they can.

There is no need to switch, after all if you wanted to purge Linux out of your life as you suggest you will have to stop using the internet almost entirely, as almost all servers run on Linux, besides I find that posture to be intolerant, I have no problem with people not believing in bitcoin and even thinking negatively of it, I just do not share their opinion and time will eventually tell who is right, and in this particular case I am sure those that support bitcoin are on the right without any doubt.

To believe or not in crypto / bitcoin is Torvalds’s personal matter and right, and absolutely not a reason for his hatred. Bitcoin doesn't become a Ponzi scheme (although technically, there are similarities due to the fact that early investors profit at the expense of late investors. The stock market is no different in this regard) just because Torvalds voiced his opinion about bitcoin publicly.

Did anyone else notice the information in the article about how Torvalds trolled everyone with this phrase? Good joke, isn't it?

I have never heard anything more stupid (no offense).

If Torvalds doesn't share your point of view, this is not yet a reason to become a Linux-hater just because of disagreements about cryptocurrencies.

Any tool (Linux OS) must be used as long as it satisfies your needs (allows you to solve your problems) and doesn't cause any harm (for example, financial or data security-related).

Absolutely correct. If we should look into what he said about cryptocurrency he may be correct because their are so many cryptocurrency out there that are not even worth investing, I believe that is what he is referring to ponzi scheme because these shitcoiins has features of ponzi and scam. Bitcoin is real and through, those who deal with it real understands what it's all about. Bitcoin is the only best digital currency and people are adopting it everyday because they see the importance of bitcoin.
I'm not surprised about the dude saying all sort of things about cryptocurrency because it is what shitcoins are. Bitcoin remains bitcoin and different from other cryptocurrencies.

It's very sad that he says that because Bitcoin users adore Linux because of its freedom, privacy and being open-source, he shouldn't be the one blaming Bitcoin, a currency that offers freedom like Linux. Btw OP that doesn't mean you should abandon Linux. Do you have a better alternative? No. Windows is a spyware and I wouldn't trust closed-source MacOS about my privacy, it's apple after all and god knows how they use your data. You have no better option other than Linux and its distributions. It's also open-source, so there is no need to abandon it because of his statement.

So what is the significance of that for Bitcoin? I mean we've seen a lot of people who don't believe in Bitcoin, but do their opinions really matter? not really, on the contrary Bitcoin is growing significantly and they themselves are trapped in their belief that Bitcoin is nothing more than a Ponzi scheme, or whatever they believe.
And when he says that, it's nothing more than just his personal opinion, and he can say whatever he wants to say about cryptocurrencies and that's his right. and it was too childish for us when he said that he didn't like cryptocurrencies, but we immediately hated his creation. If for that reason alone you hate it, then you should stop using Microsoft products, because Bill Gates doesn't like Bitcoin. Let's just grow up and let him have his own opinion.

Look, everyone's entitled to their opinion, even if its a guy who invented some computer thing. But let me explain, Bitcoin? That goes beyond simply some technological issue. That is a movement. Its about freedom and about challenging the conventional wisdom about behavior. Furthermore, one should appreciate what it stands for. Its a fresh approach of thinking, not only money.

The truth is that we are all linked, regardless of our Linux or Windows choice, Bitcoin purchase or lack. Lets honor one another's points of view, have a discussion, and perhaps pick up some fresh knowledge along the road. We develop personally as well as as a society in this manner. So, you know, lets not get overly mired in who agrees with what. Lets now consider the whole picture here. That is absolutely what counts.

What exactly his opinion about Bitcoin has to do with bitcoiners that are using and advocating for Linux?


While its true that he didn't explicitly mentioned bitcoin, he did say "I also don't believe in crypto currencies" and since Bitcoin is a cryptocurrency, he probably refered to it as well. And if he wanted to make distinction between altcoins and bitcoin, he would mention it.

Plurality of opinion, and the encouragement to express differing views. Aren't we glad Bitcoin is in tune with that? You want to denounce people for not having your beliefs, try going full-maxi and you might find that crowd treats you with disdain too heh.


Yeah I don't get why he and peeps like Kiyosaki get so much ride time on "crypto" news. To be fair though, the people most relevant to Bitcoin are probably also the least willing to go on record saying something, knowing their audience isn't valuable enough.

Elon Musk is basically a nobody in the world of operating systems anyway. And in consumer technology in general, I mean he doesn't even know how to run a social media properly to make it scale. He should just stick to cars and rockets if you ask me.

It baffles me why so many "tech people" are seeking his advice for stuff like that, esp. AI. Anybody can spin up a raggedy-tag AI model thanks to LLaMa 3. So just because Elon has an AI company doesn't make him an oracle here in any sense, and certainly not an authority on phones.

That's really the problem of other people. They always think that opinion of those people is always valid. That's why they get disappointed when the statement doesn't aligned on what they want to hear from them.

Also they should not expect that they provably like bitcoin since not everyone has the same opinion regarding on this matter. If they don't like or support bitcoin then let them be. For sure nothing will be change since there would be a lot more people will still engage or take a risk to invest on bitcoin.

We really here a lot of criticism on bitcoin but none of their opinion discourage people since the growth rate of bitcoin adapter grows more bigger since there are lot of investor see the true potential of bitcoin.

I'm pretty sure he didn't even read bitcoin's white paper, he just looked at the dark side that was spreading on social media and had a completely distorted view that bitcoin is the same as altcoins.
Initially, bitcoin was just a peer-to-peer currency but we turned it into an investment for personal gain and then many of us started calling it a scam. This is really unfair to bitcoin and shows their ignorance to call it a scam.

Bill Gate has also criticized and underestimated bitcoin many times and I think OP should not use windows either. If he holds this view, I don't think the OP will have much choice in giving up Linux and windows  .

This is similar to the advice of a child who is offended and asks his mother to take away his toy from everyone.  

OP, you are probably not familiar enough with Linux to draw such conclusions, just as Linus Torvalds has the right to his opinion without losing his merits. Besides everything, you see that it is his habit to make jokes in his statements. It is not a fact that he will change his mind after a while. What will you do in this case, OP?


Do you really think he needs publicity?

Altcoin projects can be scam at project level, as they plan it since the start but Bitcoin is not a scam project at project level. Satoshi Nakamoto did not ask any money, didn't do any ICO, IEO or the likes to get money from community.

You nailed it!

If Elon Musk says he will ban iOS on all products of his companies like Tesla if Apple partner with OpenAI at OS level, will people stop using products of Apple?

It makes no sense. Using or not using, it can be from many reasons, budget, security concern and more. Therefore, many people are not fan of any company or OS, they can use products, OS from different companies.

This makes no sense to me.

Why consider the point of view of the people that create the tools I use? I have no idea what the manufacturer of this keyboard thinks about Bitcoin, and I don't care. Same for whoever invented or manufactured anything else in this computer, or the desktop environment I'm using, etc.

So if Bill Gates says he likes Bitcoin suddenly you'll use Windows 11?, again, makes no sense.

Why people care to much if they don't believe on bitcoin? If he don't like that asset then let it be since it cannot change anything. Focus on people who show support and acquiring bitcoin since they are more exciting to talk about. Rather than giving such unnecessary attention to people who don't like to get a piece on new system introduce to people since we will just waste our time talking about things that those people don't like.

Those people might get hurt if he would say negative words about bitcoin. So people need to forget about him and focus on other positive news so that they can get more beneficial information that possibly could able to help on their investment decisions.

Hm, I can see that it's based on info from a couple of months ago, but my concern is whether we can trust this source and that the forum post was actually written by Linus. If it was, that's unfortunate because I feel like Linux and Bitcoin align pretty well. It is true that there are a lot of scams, and many crypto projects are scam projects, but that doesn't apply to Bitcoin. Bitcoin can be involved in scam, just like any other form of money in the world. But Bitcoin itself is certainly not a scam. The forum post mentions cryptos in passing, though, and it doesn't mention Bitcoin specifically.

He's not completely wrong, but he's also NOT completely right in adopting such a rigid, and uninformed opinion towards cryptocurrencies - "including Bitcoin". Someone should probably give Linus Torvalds a copy of the white paper, and show him that it actually works in practice. If he still considers  that "Bitcoin is a scam", then sorry, like Satoshi said before - We don't have time to try to convince him.

He's not completely wrong. Crypto is really "a great vehicle for scams". There's no doubt about this. That's why all crypto users should be really cautious and aware about the potential risks. Never trusting centralized crypto companies and never sending coins to suspicious people are the most important rules of the game. Using a cold wallet and being your own bank is also a must.
He's no completely wrong about all shitcoins being a ponzi scheme. Maybe the right term is "pump and dump scheme" not ponzi scheme.
I totally understand why so many people dislike the crypto world.
Switching to Windows is not a solution. Windows is basically a spyware. Linux has many developers, who created multiple distros. I'm sure that most of them actually support crypto.

The way Linux (the OS, not the kernel) is designed prevents exactly this type of thing from happening. No one person's opinion can change policy on the entire system. That means you don't have people like the higher-ups at Microsoft ordering everyone else to enshittify the OS so that they make more money (even if it is a universally unpopular change).

An individual can have individual views on anything and everything under the sun. That doesn't make it true!

Even Warren Buffet spoke negatively about Bitcoin in many public gatherings. His company Berkshire Hathaway has investments into hundreds of companies that takes care of our daily need. Does that mean we will stop using them? That's stupidity!

Stop listening to individual view and opinions. We all need to focus on our own goals. Move on!

But he also mentioned that he believes that cryptocurrencies, probably "all of them", are merely "great vehicles" for scams, to spread the word to find the next great fool to sell our coins. I hope he's not trying to suggest that Satoshi had other motives.

Personally it merely gives an impression that he never read the white paper, nor did he do his own research. He probably read shitcoin white papers. Haha.

"I am Satoshi" in his code is still not funny. many would assume he knew Satoshi though since most of the guys in the cryptography are also assumed to be using Unix system and are most likely programmers who release their product as opensource are from the Linux community.

Linus didn't invest in BTC as early as possible. this must be the reason. 

That doesn’t make his work and linux any less valuable. It is just one man’s opinion and he might end up being right, eventually. Like 100 years later when it won’t matter anymore to any of us.

How are you certain he jumped into conclusion without understanding the concept of Bitcoin?
I'm certain he understands the concept more than many that believes in Bitcoin
Bitcoins alternatives are in line with his belief that I won't argue
Everybody with their own beliefs and conclusions after analysing a data
It's normal in life there are always different school of thoughts
I doubt he meant Bitcoin
But if he does
Then Bitcoin is the most beautiful and safest ponzi scheme in the world. 
There's a thin line between a mad Genius and a foolish man
Only time will tell which is which.

This is never surprising at all because there are still a lot of people, regardless of their profession or contributions to the world, still are not convinced that bitcoin is never a scam but a real, clear legit type of investment. But just like those who instantly changed their perspective about bitcoin, I'm sure in the near future they will also eventually like bitcoin. So let's not be carried away and would attempt to question bitcoin just because of them.

Bitcoin is a reliable and trusted investment and currency only by those who believe in it. It's way more convenient and secured than fiat, but until if you stick to fiat and hate bitcoin, you will never see that realization and would always approve fiat or any other investment tool compared to bitcoin.

And the good thing about this market is that, no one is being forced to believe on this market. It is on your own accord if you want to join this market or not. So even if we say, there are top personalities who are against with this market, it is not a big deal. As this market is continuously growing without their presence.
This has been tested when China banned the use of crypto. It is already one big country and one of the top economies in the world, and yet, this market continues to exist. So how much more of a single individual saying against on this market?

Whether this inventor approves or dislike Bitcoin, I guess we can't do nothing about it. Let him believe on what he wants and we will continue to trust and use bitcoin because it has already proven its real benefit to us, even if others bitcoin is nothing but a ponzi scheme. We all have different views and concepts when it comes to bitcoin, some would doubt and hesitate to buy and invest on it, while others prioritize bitcoin over other investments because of its high potentials, but still whatever the decision of other people, we should not dislike them nor curse them just because of that.

Nope, that's a wrong recommendation and I won't do that. I like Linux and that's why I use it on many of my devices and that's my own choice, I haven't chosen it because of who created it but I chose it because I liked it.

What if Satoshi appears and says Bitcoin isn't good anymore should we switch Bitcoin with another shit coin? No way, that's not going to happen, even if mighty Satoshi reappears and says something like that then still we will continue with Bitcoin then moving to a shit coin.

Linus Torvalds wrote that in a forum post where the main topic were not even cryptocurrencies. The thread was about the "technological singularity", a concept popularized by Ray Kurzweil about a moment in history when AI would be as powerful as human intelligence. And he only mentioned cryptocurrencies as an example of things he doesn't believe in, alongside Santa Claus. And no, he hasn't mentioned Bitcoin explicitly in the thread.

While there was one single answer to the cryptocurrency topic by a "Christopher V." here, the topic didn't progress further. Instead, the discussion centered on AI (ChatGPT etc.). In part it's an interesting read.

You don't have to think of such, you know why? In this world we live in, you don't expect everyone to believe in what you believe in, even when it is proven to be as real or legitimate as it seems. There will be people who will be against or question its existence to be unreal to them. In other words, allow people to think whatever they like about bitcoin, don't dislike them for that. Everyone is free to believe or not to believe in whatever they feel like, it's a free world we live, everyone must not believe in bitcoin, we all have our own beliefs, and those people who don't believe in bitcoin have theirs that we don't believe in, if we are to tell about it.

Take, for instance, the Christian and Moslem fate. Don't they buy and produce the same thing that both eat and share? Are they in any way not utilizing what both produce despite not believing in the same prophet "Mohammed or Jesus''? However, bitcoin enthusiasts will keep using Linux products

Lol, your OS doesn't define you or your opinion on crypto. Who cares about what he says?

Irrelevant people are always seeking doe means to gain attention. They know that the crypto community is highly populated, so they will want to talk and say something about it just to gain cheap publicity for themselves.


Many people will definitely disagree. We have seen people boycott some country's products because of political, religious, and ideological reasons. You should also know that getting rid of a functional product has financial consequences. I wouldn't dispose of my Linux operating system because of an ignorant computer scientist.

Probably, that's what he meant to say when he talks about crypto. It's undeniable that crypto altcoins and shitcoins are certainly some of the sources of different scams in the digital world. And he sees that more than us. However, nevertheless, his own criticism towards the crypto ecosystem will never create changes or leave a huge impact. Scams are scams, and part of it are those cryptos without genuine potentials to  succeed in the digital world, but its only focus is to deceive people and fall on its traps and eventually steal their funds.

We cannot blame him for that because that's what also his own observation towards crypto, and everyone is free to express his like or dislike about crypto. But one thing is certain, he jumped into a conclusion without studying well the concept of bitcoin and how it becomes an advantage to some open-minded people. If only he is born in this millennial era, I bet he will change his current perspective on bitcoin. But what else can we do but to leave him for that, and let the success of bitcoin and all its believers serve as the proofs that bitcoin is never part of ponzi scheme, and it never was.  

This is the kind of dumb thinking that is way too prevalent in society.

Why in the world would anyone switch away from Linux just because Linux Torvalds thinks Bitcoin is a scam??
Just like why would anyone decide to vote for corrupt idiot treasonous criminal Trump just because he's trying to con dumb bitcoiners into voting for him??

Ya'll should really have stronger values than "oh no someone doesn't like bitcoin let's stay away from anything they've ever done" or "oh wow someone is saying they like bitcoin to get votes let's pretend they are a hero and ignore everything else about them."

There is a very good reason why Linux is liked and used widely, and it has nothing to do with Linux Torvalds' opinions on anything.

Would you believe it if I told you that I've been saying the exact same things too?
The only thing is that I say something else as well which I'll tell you at the end.

There has been countless scams in the past 15 years that Bitcoin existed. From silliest Ponzi schemes (like bitcoin doublers and cloud-minings) all the way to the ICO scams and their newest form called Ordinals.

Exactly.
Go to coinmarketcap.com and 90% of what is listed there is the literal definition of a Ponzi scheme. And among the remaining 10% you may find one or two altcoins like monero that have an actual utility or have some innovation. The rest are useless.

Now that's just silly. People don't use Bitcoin because they like Satoshi Nakamoto, a person they don't even know. They also don't use Linux because of its founder, another person I'm sure majority of Linux users don't even know.
People use these things because these "tools" are useful and they provide a utility.

---

The thing I have always warned about was usage of the term "crypto" or "cryptocurrency" to define everything. People tend to look at the whole picture and judge the whole scene. They look at 10000 cryptocurrencies and judge them all useless.

Bitcoin should be separated from the "horde" because it is separate. It is the only decentralized peer to peer payment system that actually works as it is supposed to. The rest as I said don't do what they are supposed to do (like LTC was never ASIC resistant, ETH was never decentralized computer, DASH was never a payment system, Ripple was never a better bitcoin and so on).

So there is no "crypto world" or "crypto market". There is only a "bitcoin world" and a "bitcoin market" with an adjacent swamp and a shitshow called the altcoin world.
And 99% of the times when people say "crypto" they mean altcoins.

Everyone is entitled to his or her opinion and you can't force anyone to believe what you believe it. Robert kiyosaki didn't believe in Bitcoin at a time but the narrative has changed at this point and he's now a huge fan.
I still hold the view that alot of the people that are against Bitcoin or that view it as ponzi scheme are most likely mixing Bitcoin and crypto under the same umbrella and assume that whatever has happened to a particular crypto at a time will happen to another crypto also. Well, even if he knows detail about Bitcoin and still see it as a ponzi scheme, it doesn't in any way suggest that he's right or that it will have any negative effect in what Bitcoin is.


lol!
So if you're in a region why the president of the place is a core anti Bitcoinner it means you should change residency I guess? Some of us don't even use Linux but even if I do and is serving me optimally, this is never enough reason to stop using it at all.

It shouldn't be a reason to dissuade people from using Linux. Linus is great at his field and he has said plenty of controversial stuff, for which some I agree and some I don't. He was talented in his own field to develop Linux with his team and I don't think his opinion would ever discount that. Besides, Linus maintains the Linux project, but isn't the main person handling it.

The post was posted on May 17 and at that time Bitcoin price was stable, so his choice doesn't affect anything. I believe most people don't care and he's not that popular too, that's why anything that come from his mouth is nothing.

Some people will disagree with you because those people who boycott specific country/company etc want to get rid everything as many as possible.

It's okay, everyone has to have their own opinion about something. He's not with us and not one with us. Tell that to the marines and common people who have been scammed with fiat and through their bank accounts and they're not stopping any day today. It doesn't mean that because of his opinion people who like Linux should have stopped using it. Nah. We're not having the cancel culture and we're not part of him. Just like those known people in the finance that have said a lot of negativities about Bitcoin, we might see him change his own opinion soon.

Been lot of backlash on bitcoin right from origin, so literally Linux procrastinating the invention of bitcoin shouldn't be a worry because bitcoin itself is an technology which even the biases of the governmens couldn't disrupt its potentials. So Linux saboteur on bitcoin can't make a difference to it.
There's seems no threats about his operative system because there're many more to support the digital operation of bitcoin technology.
Everyone has had right to say whatever they want to say about bitcoin because it's a decentralized technology just as it's everyone has decisive options to adopt bitcoin or leave it. So I presume that's what Linux inventor is just doing.

At least we know who is lying. We all know that Bitcoin is neither a scam nor a Ponzi scheme, so it is obvious that Linus Torvalds spreading fake news. Sometimes they come up with such news to seek attention.


If his Linux products are still effective, there is no need to switch to another operating system. Boycotting products because of the perception of a member of the team is not ideal. There are many well-known anti-bitcoin producers whose products are still relevant in our everyday lives.

Cancelling a whole OS ecosystem because one of its pioneers made a statement you disagree with seems a bit unproductive. You'd also lose Git.

And favoring quasi-monopolists such as Microsoft and Apple over free open source operating systems seems a bit counter-idealistic as well.



He also told Nvidia to fuck themselves, so he seems to tend towards distilling deep technical knowledge into short, derisive comments. (no idea how deep his knowledge of cryptocurrencies is, but in the case of Nvidia he did have his reasons)

That's weird statement, when he don't prevent or hinder people from running cryptocurrency application on OS which use Linux kernel.


And Solaris OS still alive today.

He built it up and people can use the OS but is the OS only for Bitcoin and cryptocurrency users, no.

Linux is like the OS for OPSEC people, not normal people who are more familiar with Windows or MacOs. We don't need him to be a Bitcoin or cryptocurrency supporter to have a good and secure OS to use.

He is partially right, if saying about cryptocurrency or altcoins because many Ponzi scam projects use altcoins as their tools. Even Bitcoin is not exception but the difference is Bitcoin is Bitcoin, was not built for Ponzi but any group of scammers want to abuse it for their Ponzi scams, how to prevent it?

No way rather than education to enlighten people about Ponzi scheme.

Ponzi exists many years before Bitcoin genesis block and Ponzi scammers can use other traditional systems like banks, stocks, ventures capital for their scam too.

Including Bitcoin?

 

That's absolutely because he's merely talking about Bitcoin as an asset class, as a natural-occurring Ponzi like GOLD. Calling and considering it simply as a "Ponzi" like it was a criminal Ponzi is very disappointing from someone who is as intelligent as him.

He didn't consider the breakthrough achieved in the technical side of things. Did he read the white paper?

¯\_(ツ)_/¯

No. Just like I have said before, crypto is full of scam. But also an opportunity for some people to make money. There are legit projects also. Because he did not believe in crypto makes him not to be totally correct although it is his decision. You will see children increased the price of what they want to buy, although fathers understand and they will not even bother that their children are dong something like that. But is that not scam?  even if the fathers do not see it as scam. If there is no crypto, there are both offline and online scam everywhere. It is people that should use their brain to go the right direction and avoid scam.

His opinion is not really relevant for cryptocurrency, and that goes for a lot of other people as well.


...to what exactly? Bill Gates actually hates crypto, unlike Torvalds so that rules out Windows (if you haven't already disqualified it based on the scandals Microsoft Windows keeps getting), so that really only leaves Apple, who just removed an embedded Bitcoin whitepaper from its operating system. I hope you like to use FreeBSD or something.

why would we change OS'es? I don't see a link between the guy who fathered the kernel (and still maintains the project) don't liking an open source project i like and not using his project because he doesn't like mine.
Somebody can make a very good product (A) and still be completely wrong by badmouthing a completely unrelated product (B). If i'm a fan of (B), i don't have to drop (A) just because the guy who did (and still does) the groundwork for (A) doesn't like (B).

Btw, Torvalds is the person who created the linux kernel... Allmost every other component was written (and maintained) by other people.

He is 100% correct !

...about Crypto, but nowhere does he mention Bitcoin. I'm taking his responses to mean
$hitcoins and not Bitcoin.

As he describes "the next sucker holding the bag", it has been correct for the
$hitcoin scene and has been proven many times particularly during the ICO
years.

As for Linux, I have used it before and wouldnt discount it based on its
creators opinion which is factually right if we read it the way we want to.

If nothing else, at least this is another confirmation that this man is not Satoshi (as was once speculated).

So even though I do not dispute his or anyone else's right to an opinion at all, I am always surprised that someone who is "above average intelligent" has such negative attitudes about something that far surpasses everything he has done or will do in the future. He is obviously one of those who are under the influence of various people who have been repeating the same thing for years.

---

I personally don't use Linux (for now), but even if I did, I wouldn't go so far as to reject it just because its inventor wrote that Bitcoin is a scam. People say all kinds of nonsense and then change their minds after years, just look at what Saylor or Trump said about Bitcoin, and today both of them have a completely different opinion. Of course, the important difference between the two is that one is exclusively a business man, and the other is a politician who obviously says what he thinks people want to hear.

Even there are scam at home not to talk of towns, countries and the world.

As you see many cryptocurrencies that are existing today, so are the scams that have existed in crypto . It is in crypto that ponzi scheme has been legit and because the government was unable to do something about it.

But there are well known good projects like bitcoin which is the father of crypto. In life there is scam everywhere. Even the town we live, there are scam. There are scam everywhere. Learning is important to avoid scam.

I guess to "each his own", we admire his creation and some of us could have been using his OS before it's not as vulnerable to malwares and viruses that can steal our crypto. But that's it, if he doesn't believed in crypto then we can't really do anything about it.

He could be right, or he could be wrong to see crypto as Ponzi schemes as this is really the argument that others have been putting since the beginning. However, he could be in the majority specially that Bitcoin has been carving it's name and he could be left in the closet in the next decade or so, just saying.

Yes that includes "bitcoin"


The 54-year-old computer scientist slammed the newfangled asset class as a "great vehicle for scams." He also went on to mention that cryptocurrencies function as a typical Ponzi scheme that aims to find "the next sucker holding the bag."

https://u.today/linux-inventor-says-he-doesnt-believe-in-crypto

I know that many bitcoin enthusiasts are big Linux advocates. In order to stay consistent maybe they need to switch operating systems. That's what I would do