Linus Torvalds has said that cryptocurrencies are simply "a great vehicle for scams"
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.
See, you are the reason that most everybody here hates cryptocurrency. Number go up is not the reason to be in the technology. The reason to be in the technology is for human freedom and privacy and liberty. I may be mischaracterizing you, and if I am, I'm sorry. But that's how this comment comes off.
And these my friends, are the only people who use crypto currencies: people who want to get rich from it
It isn't being used to buy anything useful, it isn't designed to make the world a better place.
It is only designed and used to increase profits.
And the only way these make profit is by converting everyone they can using any method they can. Lies, manipulation, scams. All just so they can increase the number and cash out on other peoples money.