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Topic: The Bitcoin trademark - page 2. (Read 2389 times)

hero member
Activity: 910
Merit: 1000
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March 26, 2013, 05:41:24 AM
#8
As a general rule, the owner of a trademark should be very agressive in protecting and defending his trademark against infringement. Failure to do so might cause the owner to lose the trademark rights and prevent the owner to be able to bring lawsuits against any other infringements if they let somebody to infringe without repercussions. MtGox is has quite probably already lost the rights in this matter as I have not heard about thousands of lawsuits they have brought up to prevent others to use the word. So nobody should be worried what MtGox could do. MtGox is definately not able to say publicly that they are not going to be hyperaggressive. That would definately lead them to lose the rights. On the other hand I believe MtGox owning the trademark prevents anybody else from claiming it is their trademark.

Disclaimer: I have never read any lawbook in my life.
I sure hope this is correct, as somebody who has and will be using said traidmark. Asfar as preventing others from claiming the trademark, thats all good in my book. Still a statement of some sort would sure be helpful.
hero member
Activity: 2086
Merit: 501
★Bitvest.io★ Play Plinko or Invest!
March 26, 2013, 05:38:21 AM
#7
They should voluntarily relinquish the trademark. No one should own it except maybe Satoshi. Maybe he is Satoshi?
full member
Activity: 209
Merit: 101
FUTURE OF CRYPTO IS HERE!
March 26, 2013, 05:37:02 AM
#6
As a general rule, the owner of a trademark should be very agressive in protecting and defending his trademark against infringement. Failure to do so might cause the owner to lose the trademark rights and prevent the owner to be able to bring lawsuits against any other infringements if they let somebody to infringe without repercussions. MtGox is has quite probably already lost the rights in this matter as I have not heard about thousands of lawsuits they have brought up to prevent others to use the word. So nobody should be worried what MtGox could do. MtGox is definately not able to say publicly that they are not going to be hyperaggressive. That would definately lead them to lose the rights. On the other hand I believe MtGox owning the trademark prevents anybody else from claiming it is their trademark.

Disclaimer: I have never read any lawbook in my life.
newbie
Activity: 28
Merit: 0
March 26, 2013, 05:34:17 AM
#5
It would be an interesting topic! State your argument mtgox
newbie
Activity: 40
Merit: 0
March 26, 2013, 05:25:09 AM
#4
Well, most other online exchanges don't have the word "bitcoin" in them, or not in the domain anyway. And you're not about to kill anything that says bit-something, because a bit is a generic computer term for one piece of data. And localbitcoins is not competing with the exchanges directly. And bitcoinstore is selling stuff for bitcoins.

Other exchanges may be started though, which is risky at the moment due to the trademark (even the use of 'Bitcoin' on the site it self can be risky in case of a lawsuit). The two sites you are referring to is not competing with MtGox (at the moment at least, MtGox may as well start a generic store using Bitcoins) which does not make the point less true. What if LocalBitcoins started a competing exchange?
hero member
Activity: 910
Merit: 1000
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March 26, 2013, 05:17:03 AM
#3
I feel this concern is valid. I would love to see Mt. Gox enter an open discussion about it.
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
March 26, 2013, 05:15:50 AM
#2
Well, most other online exchanges don't have the word "bitcoin" in them, or not in the domain anyway. And you're not about to kill anything that says bit-something, because a bit is a generic computer term for one piece of data. And localbitcoins is not competing with the exchanges directly. And bitcoinstore is selling stuff for bitcoins.
newbie
Activity: 40
Merit: 0
March 26, 2013, 05:09:27 AM
#1
MtGox may or may not have good intentions, but considering that MtGox is probably making more money/value than any other entity in the Bitcoin community, the CEO is one of the board members of Bitcoin Foundation and they own the Bitcoin trademark. This means that they can if they like close down a competing exchange that is using the term Bitcoin, especially if it is used in the domain (most countries top-domains registrars can force a transfer to the owner of the trademark). They would most likely loose more than they gain starting such a process at the moment, but a company is not evil or wrong if it uses its assets to gain a bigger market. It is how the economy works. It feels a bit awkward that a commercial company have such power over a decentralized thing as Bitcoin and even more so that the community does not seem to care? 

Please note that I'm not in anyway accusing MtGox, they may very well do this for the good of the community. I would just like to rise my concerns and get a discussion going.
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