https://cointelegraph.com/news/mastercard-patents-blockchain-tech-for-instant-payments
I'm curious Bitcoin Forum members views on the patents. Any comments about the closing line:
" This most recent announcement only highlights the level of intensely negative feelings toward Bitcoin among institutionalized finance departments, all while embracing the technology it is built on. "
This is another high level of hypocrisy from the MasterCard team coming to lay credit to something that is not even theirs to begin with and its boils down to the following
1. The same invention that they have been critical about and recently disable payment and support for bitcoin outside the EU region.
2. How do you even lay claim to something that is already in the public domain. This move to me, is not out of the love for bitcoin nor because of one great invention, rather its just a way to tame an emerging currency that could make them obsolete and lose the market share they currently enjoy. They believe that by "owning" it by this move, they can then decide to either continue its development or shut it down while anyone still developing on it will be infringing on their own right.