this post was submitted on 20 May 2024
1597 points (97.3% liked)

Technology

60060 readers
3424 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 2 years ago
MODERATORS
 
  • 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.
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 2 points 7 months ago

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.