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Upcoming blockchain patent war. Big bangs have been buying up blockchain pantents so they can sue ICO's and altcoins out of existence..
https://www.bloomberg.com/news/articles/2016-12-21/who-owns-blockchain-goldman-bofa-amass-patents-for-coming-wars
Startup companies could find themselves being sued by one-time collaborators. Large firms could wield patents to muscle into promising businesses developed by today’s startups. Patents could also be used to shut down rivals.
“Blockchain software companies may end up being amalgamated into existing software giants, at which point blockchain patents will just become part of the existing patent war,” Buterin said. “As is the case with all software patents, in my opinion their availability will only slow down and harm innovation.”
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It will just screw American companies. Good for everyone else. More or less it will hand the financial industry to Asia.
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>>2357592
one more way to get fucked in america. I was pretty hype about one of the states committing to the non regulation of crypto but now I am sad.
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>>2357821
Yep, these people are so fucking retarded. I swear the boomers running these companies need to be gassed.
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America does still have much easier access to startup funding but if you have a decent idea that doesn't require much capital avoiding the US and EU is an obvious choice.
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>>2357982
>easy access to capital
That's not even a huge incentive anymore as they can do an ICO from wherever they want.
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>>2357982
Why EU ?
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