Bitcoin Forum
May 24, 2024, 11:19:01 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Should Satoshi have patented the blockchain and licensed it out?  (Read 421 times)
Alley (OP)
Legendary
*
Offline Offline

Activity: 910
Merit: 1000


View Profile
February 20, 2016, 01:45:56 AM
 #1

Would a patent even of been possible?  Would he of made more money than his current bitcoin holdings?
blunderer
Full Member
***
Offline Offline

Activity: 154
Merit: 100



View Profile
February 20, 2016, 01:49:56 AM
 #2

Would a patent even of been possible?  Would he of made more money than his current bitcoin holdings?

DARPA should have patented the interweb, then satoshi would have to pay them to use it...
aso118
Legendary
*
Offline Offline

Activity: 1918
Merit: 1012


★Nitrogensports.eu★


View Profile
February 20, 2016, 04:05:24 AM
 #3

Would a patent even of been possible?  Would he of made more money than his current bitcoin holdings?

If his interest was in the money, he would have spent some of his bitcoins by now.
Patents are a rent seeking mechanism and they hinder further innovation.
Bitcoin's true growth potential wouldn't have been visible if it was patented.


           █████████████████     ████████
          █████████████████     ████████
         █████████████████     ████████
        █████████████████     ████████
       ████████              ████████
      ████████              ████████
     ████████     ███████  ████████     ████████
    ████████     █████████████████     ████████
   ████████     █████████████████     ████████
  ████████     █████████████████     ████████
 ████████     █████████████████     ████████
████████     ████████  ███████     ████████
            ████████              ████████
           ████████              ████████
          ████████     █████████████████
         ████████     █████████████████
        ████████     █████████████████
       ████████     █████████████████
▄▄
██
██
██
██
██
██
██
██
██
██     
██
██
▬▬ THE LARGEST & MOST TRUSTED ▬▬
      BITCOIN SPORTSBOOK     
   ▄▄
██
██
██
██
██
██
██
██
██
██     
██
██
             ▄▄▄▄▀▀▀▀▄
     ▄▄▄▄▀▀▀▀        ▀▄▄▄▄           
▄▀▀▀▀                 █   ▀▀▀▀▀▀▀▄▄
█                    ▀▄          █
 █   ▀▌     ██▄        █          █               
 ▀▄        ▐████▄       █        █
  █        ███████▄     ▀▄       █
   █      ▐████▄█████████████████████▄
   ▀▄     ███████▀                  ▀██
    █      ▀█████    ▄▄        ▄▄    ██
     █       ▀███   ████      ████   ██
     ▀▄        ██    ▀▀        ▀▀    ██
      █        ██        ▄██▄        ██
       █       ██        ▀██▀        ██
       ▀▄      ██    ▄▄        ▄▄    ██
        █      ██   ████      ████   ██
         █▄▄▄▄▀██    ▀▀        ▀▀    ██
               ██▄                  ▄██
                ▀████████████████████▀




  CASINO  ●  DICE  ●  POKER   
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
   24 hour Customer Support   

▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
Gleb Gamow
In memoriam
VIP
Legendary
*
Offline Offline

Activity: 1428
Merit: 1145



View Profile
February 20, 2016, 04:37:49 AM
 #4

Linus Torvalds should've patented Linux... and penguins.
SFR10
Legendary
*
Offline Offline

Activity: 3010
Merit: 3441


Crypto Swap Exchange


View Profile WWW
February 20, 2016, 05:56:01 AM
 #5

I don't think it would've been possible due to a need of exposing himself first in order to do so and this would've put him in a lot of risk (security in case someone targets him and also government risk in case they put a limit on his moves). And lastly yes, he would've made more money by now but his priorities seem much more than just earning tad more.

█▀▀▀











█▄▄▄
▀▀▀▀▀▀▀▀▀▀▀
e
▄▄▄▄▄▄▄▄▄▄▄
█████████████
████████████▄███
██▐███████▄█████▀
█████████▄████▀
███▐████▄███▀
████▐██████▀
█████▀█████
███████████▄
████████████▄
██▄█████▀█████▄
▄█████████▀█████▀
███████████▀██▀
████▀█████████
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
c.h.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀█











▄▄▄█
▄██████▄▄▄
█████████████▄▄
███████████████
███████████████
███████████████
███████████████
███░░█████████
███▌▐█████████
█████████████
███████████▀
██████████▀
████████▀
▀██▀▀
robelneo
Legendary
*
Online Online

Activity: 3248
Merit: 1205


#SWGT CERTIK Audited


View Profile WWW
February 20, 2016, 06:01:56 AM
 #6

Would a patent even of been possible?  Would he of made more money than his current bitcoin holdings?

If his interest was in the money, he would have spent some of his bitcoins by now.
Patents are a rent seeking mechanism and they hinder further innovation.
Bitcoin's true growth potential wouldn't have been visible if it was patented.

I  totally agree,Satoshi might have forseen this event where many crypto currencies will be battle it out on who can give the best features and so he did not patented it,and besides Satoshi is a very generous guy with a liberal mind like the discoverer of linux..

Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!