Just saw that Linus Torvalds has spoken out again about cryptocurrencies – and it's pretty clear what he thinks of them. The creator of Linux simply calls the whole thing a perfect scam tool, comparing it to classic Ponzi schemes. It's somehow awesome how straightforward he is about it, without beating around the bush.

What amuses me the most: There was this crazy theory that Torvalds himself could be Satoshi Nakamoto – especially after that Git commit prank in 2022, where suddenly "I am Satoshi" appeared in a kernel name. But he quickly clarified: it was just some joker who manipulated the whole thing. And no, he supposedly doesn't own a large Bitcoin fortune; that would have been noticed long ago.

The interesting thing is: despite all the speculation about his wealth, Linus Torvalds has deliberately stayed away from crypto. The guy simply didn't fall for the hype. At the same time, he also criticizes technological singularity as a fairy tale for children – he just doesn't seem to believe in exponential hokum.