Comment Re:I'm Not Convinced (Score 1) 292
It's not at all clear from the story that JP Morgan's patent copies Bitcoin. The patent says nothing about the transactions being stored to a Distributed P2P Network. Paying bills anonymously with zero transaction fees and competing with Western Union are hardly the areas in which Bitcoin distinguishes itself from other EFT systems.
And BitCoin is not anonymous. I don't think this is directed at BitCoin or more than slightly related. I think that the BitCoin-mania has distorted someones perception.