I must admit that this was a problem that we'd never heard of or thought about.
At our previous house (15 years ago) we'd just had an extension built and floored with terracotta tiles. These were treated and sealed with boiled linseed oil as per the instructions. Anyway, to cut a long story short, we'd applied the last coat to the tiles and grout and then used some kitchen towel to mop up the excess leaving used paper towels screwed up on the floor while we went shopping.
When we got back all seemed OK from outside, but as soon as the door was opened the smoke alarm went off. Against common sense I went to have a look and the new kitchen was filling with white acrid smoke. So I grabbed a couple of bits of hardboard, held my breath, ran into the kitchen and scooped up the smoking kitchen towel between the bits of hardboard and ran through the new conservatory attached to the new kitchen and deposited the tissues and hardboard outside on the patio at which instant it burst into flame!
This was the first time we'd been aware of spontaneous combustion like this and found in very small type on the label (the sort I can no longer read now that my eyes have aged a bit) that materials soaked in boiled linseed oil should be disposed of carefully because of the possibility of spontaneous combustion.
The terracotta tiles where the tissues were left had a permanent dark burnt area that served as a timely reminder. Since then we have always been obsessive about disposal of oil soaked tissues and cloths.
Being trained as scientists, this then 'ignited' our experimental interest and we soaked tissues and rags and placed them in the wood burning stove to see what would happen. We managed to get one test to burst into flames and a couple of times obvious heating and clicking but no combustion. It seemed that tissues and cloths needed to be crumpled loosely to allow enough oxygen access but enough constriction to build up adequate heat to ignite.
Now when we use any of these oil products we are obsessive about how we dispose of the cloths and tissues and always put them in the garden incinerator - I think our subconscious pyromaniac tendencies hoping that they would burst into flame, but no 'luck' so far!
So yes, from our personal experience these materials do pose a danger and you should take care with disposal.
Misterfish