• 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.
  • Rustmilian
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    126 months ago

    “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.

    • @zeppo
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      -36 months ago

      Seems like it should be SSL.

      • Rustmilian
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        36 months ago

        Https is more recognized.

        • @zeppo
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          -26 months ago

          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.

          • Rustmilian
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            56 months ago

            Yes, a more common application, but not the most recognizable for most people.

            • @zeppo
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              -16 months ago

              I’m amazed people are acting like they think nobody has ever heard of this. I suppose it was more a 2010-2015 thing.

        • @zeppo
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          -16 months ago

          Yes, because people were trained to look for the lock icon, though pretty much every site has it now, whether it’s something that necessitates security vs just privacy benefits. Maybe looking for the lock is outdated, idk, but it was emphasized a lot a few years ago.

          • @SpaceNoodle
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            26 months ago

            You are drastically overestimating the technical competence of the general population.

            • @zeppo
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              -16 months ago

              In what way? And they supposedly have any clue what crypto currency actually means?

              • @SpaceNoodle
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                26 months ago

                There’s a lot more publicity surrounding cryptocurrency than SSL.