07 Apr '13, 12pm

Could a patent lawsuit take down Bitcoin exchanges?

Could a patent lawsuit take down Bitcoin exchanges?

My thought is that as Bitcoin and the exchanges become more prevalent we’ll see Wall St. and the central banks challenge the exchanges on intellectual property grounds. They will argue the technology for trading in virtual securities with a virtual currency is a patented technology owned by Wall St. and that virtual market making is violating this patent (US pat. no. 5950176).

Full article: http://rt.com/op-edge/patent-lawsuit-bitcoin-exchanges-458/

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