- 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.
Then you like Bitcoin too, since it pegs them.
No, because I’m not a trader. It’s not all about the exchange rate for me, but about the utility of the coin.
Most coins exist because other coins exist. Nano and Monero not necessarily.
BitCoin was the progenitor of those projects and rapidly gained value after strong usage (aka utility) and the ensuing scarcity. So you like BTC?
No, because one transaction uses as much energy as a normal household in a year. Or something like that.
Right, so fork it and make BTC Lite.