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Topic: JP Morgan moving in to steal Bitcoin? - page 2. (Read 2207 times)

full member
Activity: 233
Merit: 101
December 11, 2013, 02:06:45 PM
#2
+1

I believe that is what is going on. They have renewed an old patent that is broad and generic.  This can be used to threaten and extort millions from the nascent bitcoin infrastructure companies. The threat of endless lawsuits - even if clearly spurious - leads most to pay up. Patent troll game. Very destructive.

We will likely see many more "new patents" showing up around electronic currency topics.
member
Activity: 94
Merit: 10
December 11, 2013, 01:57:35 PM
#1
So,

the odious patent laws are the chosen weapon to be used to attack and take down democratic bitcoin and to be used by the filthy money crooks to retain their corrupt privileges by stealing ownership of something that was never theirs to take?

http://www.zerohedge.com/news/2013-12-10/chasing-bitcoin-jpm-preparing-unveil-its-own-electronic-currency

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