- 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.
I think both have their uses. A true state backed cryptocurrency used interchangeably with physical cash could be quite useful. Crypto as it is now not so much.
AI has a bunch of useful applications in medicine, manufacture, research, monitoring… But where we see it is language models, art remixes, and deep fakes.
Nah it’s literally a waste of physical resources. Crypto currency is a waste of fossil fuels. AI has its functions at least.
What advantage does this give over a simple digital currency?