Author

Topic: bitbill patent (Read 1041 times)

legendary
Activity: 1666
Merit: 1010
he who has the gold makes the rules
July 07, 2013, 08:12:02 AM
#6
so someone else invents something... and they file a patent application.

welcome to douche baggery 101

would love to be the lawyer charging my time to the idiot that thinks this will get approved.
full member
Activity: 168
Merit: 100
July 07, 2013, 12:38:52 AM
#5
The US patent system is just as stupid as our tax system. But don't worry, just like the tax system having the law/patent in the books really doesn't mean jack shit. Its about who pays the most for lawyers more than anything else.
full member
Activity: 226
Merit: 100
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
July 03, 2013, 03:30:24 PM
#3
The bitbill patent will prevent others from keeping keys of wallets and trading them on paper.  Is there any discussion of this idea prior to May, 2011?  The patent covers uses that go beyond paper.  They want to shutdown physical bitcoin coins apparently.   Shocked

Patents don't shut things down, but are weapons to do so.
It is like a gun.  You can build one, but that doesn't mean you are going to shoot everyone.
They can be enforced, or not.  They can be licensed.  If you want to make a similar coin, talk to them.  They are likely smart and reasonable folks.  If you have something new to add, you might become partners.  If you just want to steal their idea+research and make a buck, maybe you should pay them something? 
When you tip well, you get good service. 
When you don't, you get served.
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
sdp
sr. member
Activity: 469
Merit: 281
July 03, 2013, 03:10:20 PM
#1
The bitbill patent will prevent others from keeping keys of wallets and trading them on paper.  Is there any discussion of this idea prior to May, 2011?  The patent covers uses that go beyond paper.  They want to shutdown physical bitcoin coins apparently.   Shocked
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