The other members was not happy when they found out that GS applied for patents that could affect R3. My guess is that GS thinks they will make more money on their own when they built up a nice patent portfolio in this space.
"Gentlemen! I too have been a close observer of the doings of the Bank of the United States. I have had men watching you for a long time, and am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves. I have determined to rout you out, and by the Eternal, (bringing his fist down on the table) I will rout you out!"
-https://en.wikiquote.org/wiki/Andrew_Jackson
this bank should have been smashed into a thousand pieces and and scattered to the wind as a condition of the bailout.
https://en.wikipedia.org/wiki/Bank_War
He also said:
All the rights secured to the citizens under the Constitution are worth nothing, and a mere bubble, except guaranteed to them by an independent and virtuous Judiciary.
John Marshall has made his decision; now let him enforce it!
It's hard to say what's better.
https://commons.wikimedia.org/wiki/File:US_Historical_Inflat...
[1] https://en.wikipedia.org/wiki/Andrew_Jackson#Panic_of_1837
It is to be regretted that the rich and powerful too often bend the acts of government to their selfish purposes. Distinctions in society will always exist under every just government. Equality of talents, of education, or of wealth can not be produced by human institutions. In the full enjoyment of the gifts of Heaven and the fruits of superior industry, economy, and virtue, every man is equally entitled to protection by law; but when the laws undertake to add to these natural and just advantages artificial distinctions, to grant titles, gratuities, and exclusive privileges, to make the rich richer and the potent more powerful, the humble members of society — the farmers, mechanics, and laborers — who have neither the time nor the means of securing like favors to themselves, have a right to complain of the injustice of their government. There are no necessary evils in government. Its evils exist only in its abuses. If it would confine itself to equal protection, and, as Heaven does its rains, shower its favors alike on the high and the low, the rich and the poor, it would be an unqualified blessing. pretty damn relevant today. (rent seeking, crony capitalism, lobbyists writing the bills)
http://usatoday30.usatoday.com/money/economy/2009-04-14-tarp...
GS paid the money back literally as soon as they were allowed to.
So instead of contributing back to the community on a openly-developed technology (not talking about R3, but Satoshi's blockchain concept), they could decide that the best course of action is to patent encumber the shit out of it!