Thanksgiving day, while many of us were eating turkey, The United States Patent and Trademark Office (USPTO) published JPMorgan Chases (Chase) patent application 20130317984, Method and system for processing internet payments using the electronic funds transfer network.
http://letstalkbitcoin.com/jpmorgan-chase-building-bitcoin-killer/I feel like if anything, this verifies Bitcoins importance. If one of the worlds largest banks is blatantly trying to compete and improve, then obviously Bitcoin is doing something right....
And I am not afraid for Bitcoin as people are sick of JPMorgan and other terrorists and don't trust them