Finnish software engineer Linus Torvalds attracted attention with his statements about cryptocurrencies. Torvalds, the creator of the Linux operating system, took a skeptical stance towards cryptocurrencies in his latest forum post, calling these assets a perfect tool for fraud. He also noted that cryptocurrencies operate like a typical Ponzi scheme.
Not a Bitcoin Investor
Torvalds, known for his sense of humor, responded to discussions about cryptocurrencies, as well as to claims that he is Satoshi Nakamoto, the mysterious creator of Bitcoin. Torvalds treated these claims as a joke and emphasized that he did not have a large Bitcoin fortune.
He also humorously discussed the claim that a name in the Linux kernel was changed to "Name = I am Satoshi". Torvalds stated that he was not the creator of Bitcoin and such claims should not be taken seriously.
Technological Singularity
Torvalds questioned the concept of technological singularization. Describing such concepts as fairy tales for children, Torvalds argued that the concept of continuous exponential growth did not make sense. He stated that he sees the borders getting closer in the future and shared his thoughts on technological singularization.
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I EXPLAIN IN DETAIL.
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