RIAA is now going after Bitcoin

[rocks]

Quote:
"RIAA executive vice president Neil Turkewitz released a statement last week detailing web businesses that are either directly infringing copyright or "profit from facilitating such theft." Bitcoin, the trade group contends, falls into the latter category".

Well then if bitcoin is a "web business" profiting from copyright infringement, why don't they go and sue bitcoin?

They might... they might...

Just wait till someone tells Neil Turkewitz that bitcoin is a peer-to-peer decentralized protocol. I bet his first question will be to ask how they can Subpoena a protocol...

[1715125767]

1715125767

[nazgulnarsil]

If music means kicking $10 directly to the artists I like after downloading their albums I will BUY EVERY TIME. The destruction of the middlemen is coming and they are not happy.

[mgio]

Wow, did the writer of that article even READ the RIAA's damn report???!!

I am in no way a RIAA supporter, but the following paragraph is the ONLY mention of Bitcoin the RIAA made in their report:

"In April 2013, the site started accepting donations from the public by Bitcoin, a digitalcurrency, which operates using peer-to-peer technology. There are no central authority or banks involved which makes it very difficult to seize or trace Bitcoin funds. In May 2013, thesite also started accepting Litecoin, another peer-to-peer based internet currency"

The "site" they are referring to is "The Pirate Bay". They are simply mentioning that The Pirate Bay is now accepting Bitcoin donations and that it is difficulty to trace or seize them. They are in NO WAY attacking Bitcoin!

Some people need to learn to read! This kind of FUD annoys me the most!

[mgio]

Quote:
"RIAA executive vice president Neil Turkewitz released a statement last week detailing web businesses that are either directly infringing copyright or "profit from facilitating such theft." Bitcoin, the trade group contends, falls into the latter category".

Well then if bitcoin is a "web business" profiting from copyright infringement, why don't they go and sue bitcoin?

They might... they might...

Just wait till someone tells Neil Turkewitz that bitcoin is a peer-to-peer decentralized protocol. I bet his first question will be to ask how they can Subpoena a protocol...

It's not Neil Turkewitz, it's Meghan Neal, the retard who wrote the article that said that. Nowhere in the RIAA's report did it imply that they were targetting Bitcoin or that Bitcoin falls into that category.

[Gabi]

They are speaking about seizing and tracing funds, how is this not an attack?

[mgio]

They are speaking about seizing and tracing funds, how is this not an attack?

It's an attack on The Pirate Bay! They've been trying to shut it down for years, and was even successful once!

Now they are complaining that since The Pirate Bay is accepting donations in Bitcoin, they can't track their bank account in order to shut them down.

This is like a bank saying, "because the robbers were wearing masks, our security cameras couldn't identify who they were". In no way is the RIAA saying they are going after Bitcoin!

[btcxyzzz]

The RIAA has been failing since 2000 to stop piracy so... let them go after bit coin.. that really worked out for them going after the torrent protocol right.

idiots

No, they are not idiots, because idiots don't make money. They use just use "good" excuses for their uncivilized adventure of picking the scapegoats. Fines is what they're looking after. And sad thing is, they get 'em occasionaly. We all know they win a battle here and there, but the war they can't win, but guess what: even they love it that way. As long as there are false laws on the copyright matter, we will have to fight against these greedy and unhuman lobbies.

[Operatr]

Well the RIAA campaign to end other distributed technologies went entirely in their favor...