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Author Topic: Coinbase GOES TO TOWN in the patent office!!!  (Read 686 times)
mikewirth (OP)
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September 22, 2015, 07:57:36 PM
 #1

http://appft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&p=1&u=%2Fnetahtml%2FPTO%2Fsearch-bool.html&r=0&f=S&l=50&TERM1=Coinbase&FIELD1=AS&co1=OR&TERM2=Cite+Brian+Cohen+or+CoinTelegraph+%28Esquivalience%29&FIELD2=DRTX%2CDETD&d=PG01

Just look at this!!!!  Coinbase claims a "Tip Button"!

This is crazy!  Is this the new Bitcoin battle royal?  The patent office?
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September 22, 2015, 08:23:26 PM
 #2

Are they planning to sue everyone who puts a tip button on their websites? Or won't it affect the "paypal tip/donate buttons"? They're basically same thing...


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September 22, 2015, 08:26:10 PM
 #3

This is lunatic! I guess that those people from the patent office will have much more work on their hands in the near future! They will probably come to hate on Bitcoin because of this! Cheesy
mikewirth (OP)
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September 22, 2015, 08:29:14 PM
 #4

This is lunatic! I guess that those people from the patent office will have much more work on their hands in the near future! They will probably come to hate on Bitcoin because of this! Cheesy
The patent office loves patents - or else they would go out of business.  They are going to love Bitcoin!
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September 22, 2015, 08:31:21 PM
 #5


Not sure how i feel, nothing against coinbase but i also like open source as the public get the best from it.  Need to read up more why exactly.
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September 22, 2015, 08:32:50 PM
 #6

They'll probably have to do it all over again when someone comes up with a system to store patents on a blockchain.  How long before we disrupt that sector?   Grin
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September 22, 2015, 08:33:20 PM
 #7

They won't get any of those so many people are doing them, and some of them are part of most bitcoin wallets.

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September 22, 2015, 08:35:28 PM
 #8

Maybe they're trying to see what they can get away with. Eventually one of their crazy patents will go through and they'll make a lot of money with it.
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September 22, 2015, 08:52:50 PM
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Maybe they're trying to see what they can get away with. Eventually one of their crazy patents will go through and they'll make a lot of money with it.
Clearly, this makes Coinbase the enemy of all things open source. 

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September 22, 2015, 08:58:52 PM
 #10

Looks like your typical patent trolling.  I would not be too alarmed. I guess this means that coinbase is a successful business: frivolous, wide ranging, vague, ridiculous patents are the hallmark of successful American Corporations.
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September 22, 2015, 09:24:09 PM
 #11

People patent the weirdest things just to preserve their ideas and the inherit "rights" therein.  Nothing unusual.  Very interesting business strategy on the frontier of crypto currencies actually.
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September 22, 2015, 10:28:13 PM
 #12

They are claiming that "Hot Wallet" is patentable?

This is one area where The Bitcoin Foundation could have been helpful.
They would be able to intervene and argue against parasitic patent practices on Bitcoin/bitcoin and its community.

At this rate, one day, a patent may be granted that could potentially render your everyday bitcoin activity an improper use,
and royalties should be paid (if they knew you or could find you) to Coinbase or some other corporate entity.

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September 22, 2015, 11:39:17 PM
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Okay, who's gonna be the first to patent planetary, interstellar and intergalactic cryptocurrency transactions? Once accomplish, we're tackle specie-to-specie transactions provided, of course, we get Kentucky's Kim Davis' blessin'.
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September 22, 2015, 11:49:02 PM
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Okay, who's gonna be the first to patent planetary, interstellar and intergalactic cryptocurrency transactions? Once accomplish, we're tackle specie-to-specie transactions provided, of course, we get Kentucky's Kim Davis' blessin'.
Possible. Wheel was patented in Australia

Patent file: http://www.cs.virginia.edu/~gfx/Courses/2002/BigData/papers/Misc/Wheel%20Patent.pdf

News: https://www.newscientist.com/article/dn965-wheel-patented-in-australia/
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September 22, 2015, 11:56:02 PM
 #15

hh, I have some feeling that big guys are starting Patent War with funny teasing:) *https://en.wikipedia.org/wiki/Patent_war

btw here is related article on coindesk: http://www.coindesk.com/coinbase-files-9-patents-for-bitcoin-products/, it seems that IBM and MasterCard are also playing this game and I guess that Circle will come soon..
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