This patent/application needs to be vigorously challenged.
+100000!
Bitcoin is about way more than just a currency. Its about DECENTRALIZATION because we all see what happens if the power is in the hands of few.
Check out the latest episode of Lets talk Bitcoin for a glimpse of the future!
http://www.stitcher.com/podcast/mind-to-matter/lets-talk-bitcoin?refid=stprOh and power to the people!