Linux Inventor Says He Doesn’t Believe in Crypto
Linux Inventor Says He Doesn’t Believe in Crypto
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.
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Crypto is a textbook example of why we as a society can't have nice things. To many people are selfish and self serving, and not enough people are willing to ostracize those types of people from society for such actions.
Real Tragedy of the Commons situation.
The "tragedy of the commons" is misunderstood and maybe not even a thing https://aeon.co/essays/the-tragedy-of-the-commons-is-a-false-and-dangerous-myth
It’s not misunderstood and it has been debated since it was first conceived. Your link is just an essay.
Stock market and Commodities were here long before Crypto and are just as if not more gamed and manipulated.