Linux Creator Calls Cryptocurrency a 'Fraud', Dismisses Bitcoin Rumors
CryptoNewsTerminal Staff20 May, 2024
Linux Creator Calls Cryptocurrency a 'Fraud', Dismisses Bitcoin Rumors
Linus Torvalds, the esteemed creator of the Linux operating system, has voiced his strong skepticism towards cryptocurrency. In a recent interview with YTN, Torvalds unequivocally stated, "Cryptocurrency is a fraud." Torvalds also took the opportunity to address rumors linking him to the enigmatic Bitcoin creator, Satoshi Nakamoto. "It's empty noise," he asserted, dismissing the speculation. Furthermore, he emphatically denied owning a substantial amount of Bitcoin. Torvalds's comments align with a growing sentiment among tech leaders who express concerns over the volatility and lack of intrinsic value associated with cryptocurrencies. While the industry continues to evolve, it remains to be seen whether Torvalds's assessment will ultimately be vindicated.
