- 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 it’s a shining example of the ‘right’ sort of rich. Despite a significance that overwhelmingly exceeds usual billionaire level, he’s not nearly so ‘rich’ and yet he has enough to just not worry about money, but he has earned it.
It’s a contribution thing. He contributed enough to society to deserve to not worry about money for the rest of his life. It’s rare though since we have a bunch of billionaires who skim the rewards from huge swaths of the population who also have contributed their part.
The financialization of retirement is a huge part of the problem for the middle class (or what’s left of it, upper-lower-class is probably more accurate). We have to invest in these assholes in order to save for retirement. The harder workers in services, laborers, and fields don’t even get that.