vintagetrex,
Have you always been such a bitcoin troll? You've been around the forum for over a year, were you always so down on bitcoin or did something just go really wrong for you recently and that's why you seem to be so trollish on BTC? I'm just curious, can you explain your story with something more than "mwa ha ha ha!"?
Yes,
I am fairly new to bitcoin. I have known and understood bitcoin for about 18 months. Other than being a full time student I previously worked summer internships as an inventor/theorist/developer for Exxon Mobil's Upstream Research Company. My work was confidential.
There is a big greed game being played in U.S. finance. People with money are always trying to play an anticompetitive strategy against laborers. When you work for a large company, they only offer you a one time payment of $1000 for an invention, even if it makes the company $1,000,000,000. This is the contract you sign when you begin work, and it is the only contract used by fortune 500 companies. The environment is completely anti competitive.
So, where does the money go if you create an invention/product that profits billions of USD for the company in return for $1000?
the answer: shareholders, investors who didn't lift a finger
Bitcoin is the same but worse!!! They pay $0 to open source developers who create software that has produced billions in profits for… investors. Someone who didn't contribute a line of code to the protocol or ever compute a single hash has made billions on bitcoin. They haven't produced a single thing yet they have profited, moved up in society, secured a better life for their children, all while open source developers were left groveling over 1 paid position and 1 kicked back ASIC miner.
THAT IS DISGUSTING
But wait, it gets worse. You might ask, well why don't innovators not work for the large companies and pursue patents for themselves. Well,… the same investment money has lobbied the USPTO so it is very inefficient and impractical for individuals or even start ups to utilize profitably.
Innovators have 4 options:
1) start a company for the invention which will likely beaten by a larger company who may see the promise in your invention at a later time
2) file for patent which is a losing investment because you will be bust by a larger company
3) get low balled by corporate america
4) give tech away for free (open source) and hopefully get some altruistic feeling from it