Continuing the cuts both ways theme from previous item…
Craig Wright, a professional suer, is also running a patent factory, generating THOUSANDS of carefully crafted patents to block everyone else in the blockchain game.
Patent pools cut both ways.
When used by pure fraudsters like Wright, they block normal business. Bitcoin is a purely dishonest business, so blocking its progress is a good thing in the long run. But Wright is also manufacturing patents against other digital technologies, a few of which may be marginally less than 100% evil.
The Selden pool started as a pure fraud and ended up as a trade association for Everyone But Ford. Selden cultivated the trade group because it was good for their own profits, but it was ALSO good as a counterforce against Ford, who fully intended to become the sole carmaker.
