Author

Topic: Amex Files Patent for "Transferring Value via a Social Network" (Read 1924 times)

full member
Activity: 164
Merit: 101
@PikaPay - Easy as a Tweet!
PikaPay.com Though of course that's not our only idea.
hero member
Activity: 518
Merit: 500

Please don't post "news" and then a massive advert for your site in the same post. Its not cool, sorry.

Good point. Just overlooked that, thanks. I reduced the size so you can still see the Tweet.  Is that better?

Someone recently suggested we get a lawyer and file our own patent.  Good advice?

I would.  Your idea is worth fighting for, IMO.

What idea is that?
legendary
Activity: 1267
Merit: 1000

Please don't post "news" and then a massive advert for your site in the same post. Its not cool, sorry.

Good point. Just overlooked that, thanks. I reduced the size so you can still see the Tweet.  Is that better?

Someone recently suggested we get a lawyer and file our own patent.  Good advice?

I would.  Your idea is worth fighting for, IMO.
legendary
Activity: 1666
Merit: 1010
he who has the gold makes the rules

Please don't post "news" and then a massive advert for your site in the same post. Its not cool, sorry.

Good point. Just overlooked that, thanks. I reduced the size so you can still see the Tweet.  Is that better?

Someone recently suggested we get a lawyer and file our own patent.  Good advice?

Was it a lawyer that suggested that? Wink

+1

Lol sneaky bastards they are. I'm not sure you could even get a patent for this anyway. Wont it be rejected?
you know at these big companies these people have to somehow justify their jobs.

guys i own copyrights to this entire thread, i'll be expecting my royalty checks in the mail.
legendary
Activity: 1232
Merit: 1195

Please don't post "news" and then a massive advert for your site in the same post. Its not cool, sorry.

Good point. Just overlooked that, thanks. I reduced the size so you can still see the Tweet.  Is that better?

Someone recently suggested we get a lawyer and file our own patent.  Good advice?

Was it a lawyer that suggested that? Wink

+1

Lol sneaky bastards they are. I'm not sure you could even get a patent for this anyway. Wont it be rejected?
sr. member
Activity: 630
Merit: 250

Please don't post "news" and then a massive advert for your site in the same post. Its not cool, sorry.

Good point. Just overlooked that, thanks. I reduced the size so you can still see the Tweet.  Is that better?

Someone recently suggested we get a lawyer and file our own patent.  Good advice?

Was it a lawyer that suggested that? Wink

+1
hero member
Activity: 518
Merit: 500

Please don't post "news" and then a massive advert for your site in the same post. Its not cool, sorry.

Good point. Just overlooked that, thanks. I reduced the size so you can still see the Tweet.  Is that better?

Someone recently suggested we get a lawyer and file our own patent.  Good advice?

Was it a lawyer that suggested that? Wink
sr. member
Activity: 630
Merit: 250

Please don't post "news" and then a massive advert for your site in the same post. Its not cool, sorry.

Good point. Just overlooked that, thanks. I reduced the size so you can still see the Tweet.  Is that better?

Someone recently suggested we get a lawyer and file our own patent.  Good advice?

I would say that is a big waste of money. Patents cost about 30k and you cant take on Amex
full member
Activity: 164
Merit: 101
@PikaPay - Easy as a Tweet!

Please don't post "news" and then a massive advert for your site in the same post. Its not cool, sorry.

Good point. Just overlooked that, thanks. I reduced the size so you can still see the Tweet.  Is that better?

Someone recently suggested we get a lawyer and file our own patent.  Good advice?
hero member
Activity: 518
Merit: 500
Please don't post "news" and then a massive advert for your site in the same post. Its not cool, sorry.
full member
Activity: 164
Merit: 101
@PikaPay - Easy as a Tweet!

Yes, Reddit's Bitcoin bot also falls into this category.  Even outside of Bitcoin there are many services that work the same way.
legendary
Activity: 2786
Merit: 1031
Quote
An integrated, end-to-end, automated system that
enables a first social networking user to seamlessly
transfer value to a second social networking user, even if
the second user is not registered with the money transfer
service from which the first user initiates the transfer...

Doesn't this describes how the Reddit bitcointip bot operates?
sr. member
Activity: 630
Merit: 250
I would advertise more. Ive never heard of Pikapay, and its not a great name for the service in my opinion. Tippercoin gets all the press lately, and by the name you can kind of tell what they do.   http://www.coindesk.com/tippercoin-co-founder-bitcoin-interview/
full member
Activity: 164
Merit: 101
@PikaPay - Easy as a Tweet!
We're curious about what others here think of this patent application.

I know they can't do anything about Bitcoin itself, but it does sound like Amex is trying to file a patent for our service. What should we do?


US Patent Request 20140006297 filed on July 2, 2013

Quote
An integrated, end-to-end, automated system that
enables a first social networking user to seamlessly
transfer value to a second social networking user, even if
the second user is not registered with the money transfer
service from which the first user initiates the transfer...


Our service:

PikaPay.com

Send Bitcoins to anyone on Twitter, as easy as a Tweet!

PikaPay is a Bitcoin wallet integrated with the Twitter API and is one of the easiest ways to use Bitcoin. Just like in the Amex patent, with PikaPay the recipient doesn't need to have a PikaPay account to receive bitcoins.

We were the first to start sending bitcoins on Twitter back in 2011. But we're sure that scores of other companies have been doing "value transfer via social networks" even earlier.
Do we have to take that Amex patent application seriously in any way, and is there anything specific we should do?

We Tweeted AmEx a little while ago.

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