What? Abstract thought had been valuable for a very long time. People and companies have been gaining a competitive advantage from abstract ideas pretty much fr

What? Abstract thought had been valuable for a very long time. People and companies have been gaining a competitive advantage from abstract ideas pretty much from the dawn of time. In this particular case the issue is regarding the control of a virtual currency, where its power (as with any other currency) depends on its scarcity. Not much new here either, what they've been doing is very similar to counterfeit printing of bank notes.