Bitcoin Forum

Bitcoin => Press => Topic started by: Saksham on April 15, 2016, 10:08:29 PM



Title: [2016-04-15]Bitcoin community disputes the use of 'Internet of Money'
Post by: Saksham on April 15, 2016, 10:08:29 PM
Some people in the bitcoin world—the believers still waving the flag for the leading digital currency, which is currently trading at $427—will tell you that the phrase “The Internet of Money” is widely understood as a reference to bitcoin and its underlying technology, the blockchain. But Uphold, a “cloud bank” startup that launched in 2014, will tell you it is their corporate slogan. It applied to register the phrase as its trademark for financial services back in September 2015 with the US Patent & Trademark Office, and is far along in the process.

Andreas Antonopoulos doesn’t like that. The cybersecurity expert and author, one of bitcoin’s most prominent voices, has waged a war with Uphold, encouraging his 47,000 Twitter followers to help him find the earliest uses of the phrase “Internet of money.” Uphold’s adoption of the slogan, he tells Yahoo Finance, “perverts the meaning of the phrase.”


http://finance.yahoo.com/news/bitcoin-world-disputes-uphold-internet-of-money-andreas-antonopoulos-210907255.html


Title: Re: [2016-04-15]Bitcoin community disputes the use of 'Internet of Money'
Post by: aso118 on April 16, 2016, 03:12:47 AM
Some people in the bitcoin world—the believers still waving the flag for the leading digital currency, which is currently trading at $427—will tell you that the phrase “The Internet of Money” is widely understood as a reference to bitcoin and its underlying technology, the blockchain. But Uphold, a “cloud bank” startup that launched in 2014, will tell you it is their corporate slogan. It applied to register the phrase as its trademark for financial services back in September 2015 with the US Patent & Trademark Office, and is far along in the process.

Andreas Antonopoulos doesn’t like that. The cybersecurity expert and author, one of bitcoin’s most prominent voices, has waged a war with Uphold, encouraging his 47,000 Twitter followers to help him find the earliest uses of the phrase “Internet of money.” Uphold’s adoption of the slogan, he tells Yahoo Finance, “perverts the meaning of the phrase.”


http://finance.yahoo.com/news/bitcoin-world-disputes-uphold-internet-of-money-andreas-antonopoulos-210907255.html

Another example of a bully with big pockets.
It is not going to be easy to get the trademark application withdrawn or thrown out.