Post
Topic
Board Politics & Society
Re: Banks afraid of cryptocurrency?
by
Sithara007
on 16/03/2018, 03:23:50 UTC
Of course they are afraid. Look up patents by the banking and financial institutions. They are trying to patent ideas as fast as possible to help keep skin in the game.

They can't take the patent for someone else's invention. Blockchain and Bitcoin belongs to Satoshi Nakamoto and therefore the banks can't take any patent for them. That is one of the reasons why they are supporting some of the main rivals of Bitcoin, such as Ripple.