Bitcoin Forum

Bitcoin => Legal => Topic started by: sdp on July 03, 2013, 08:10:20 PM



Title: bitbill patent
Post by: sdp on July 03, 2013, 08:10:20 PM
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.   :o


Title: Re: bitbill patent
Post by: NewLiberty on July 03, 2013, 08:25:45 PM
You are asking about:

http://appft1.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&p=1&u=/netahtml/PTO/search-bool.html&r=16&f=G&l=50&co1=AND&d=PG01&s1=currency

Patent # 20130166455


Title: Re: bitbill patent
Post by: NewLiberty on July 03, 2013, 08:30:24 PM
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.   :o

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.


Title: Re: bitbill patent
Post by: row5_seat47 on July 07, 2013, 02:43:24 AM
it's discussed in detail

here

http://letstalkbitcoin.com/post/54309560858/bitbills-to-relaunch-cold-storage-patent-application
 (http://letstalkbitcoin.com/post/54309560858/bitbills-to-relaunch-cold-storage-patent-application)

and here

http://piersonpatentlaw.com/initial-review-of-a-bitcoin-related-published-patent-20130166455/
 (http://piersonpatentlaw.com/initial-review-of-a-bitcoin-related-published-patent-20130166455/)

maybe you missed it 'cause it BitBills (not BitBill)


Title: Re: bitbill patent
Post by: Kazu on July 07, 2013, 05:38:52 AM
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.


Title: Re: bitbill patent
Post by: prophetx on July 07, 2013, 01:12:02 PM
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.