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Author Topic: "Bitcoin" is now a registered trademark in the UK  (Read 2166 times)
Dansker
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May 17, 2012, 06:55:55 PM
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Trade Mark No.   Mark Text   File Date   Status   Nice Classes   Vienna Classes   Image   Picking List
E10103646    BITCOIN    07/07/2011    Registered    09 35 38 42        No image exists for Trade Mark E10103646.    
E10050466    bit coin    15/06/2011    Registered    09 38 41        Image for Trade Mark E10050466.    

One is a word mark, one has an (ugly) picture.

Both registered to Tribanne:

Applicant:
    Tibanne Co. Ltd.
    Cerulean Tower 15F 26-1 Sakuragaoka-Cho, Shibuya Tokyo, Japan, 150-8512
Representative:
    BAKER & MCKENZIE LLP
    100 New Bridge Street, London, United Kingdom, EC4V 6JA

Is this news, or were you all familiar with the word "bitcoin" now being the intellectual property of Tribanne Co. Ltd. (Mt. Gox etc.) ?

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Stephen Gornick
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May 17, 2012, 07:00:17 PM
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Some history:
 - http://mtgox.com/press_release_20111014.html
 - http://bitcointalk.org/index.php?topic=48250.0
 - http://bitcointalk.org/index.php?topic=46424.0
 - http://bitcointalk.org/index.php?topic=26527.0
 - http://bitcointalk.org/index.php?topic=39374.0
 - http://bitcointalk.org/index.php?topic=49841.9
 - http://idle.slashdot.org/story/11/07/07/0326213/lawyer-attempts-to-trademark-bitcoin
 - http://bitcointalk.org/index.php?topic=26869.0
 - http://bitcointalk.org/index.php?topic=26765.0
 - http://bitcointalk.org/index.php?topic=27205.0

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May 17, 2012, 07:03:32 PM
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Hi Stephen,

I think you are confusing the UK and the US?

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May 17, 2012, 07:05:11 PM
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Hi Stephen,

I think you are confusing the UK and the US?

Nope, just showing that the topic has come up at least once before.   Though I did add some new links to the list.

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May 17, 2012, 07:07:09 PM
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The bitcoin trademark should eventually transferred to a bitcoin foundation or something.

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May 17, 2012, 07:07:35 PM
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hey mr. karpeles please challenge me in court over this i'd love to show you how trademark law works
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May 17, 2012, 07:53:27 PM
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All this trademark stuff "isn't worth two bit coins."   Grin

Corporations have been enthroned, An era of corruption in high places will follow and the money power will endeavor to prolong its reign by working on the prejudices of the people until wealth is aggregated in a few hands and the Republic is destroyed. ~Abe Lincoln 1ApJdWUdSWYw8n8HEATYhHXA9EYoRTy7c4
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May 18, 2012, 01:04:41 AM
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hey mr. karpeles please challenge me in court over this i'd love to show you how trademark law works
We registered the Bitcoin trademark to protect it and allow anyone to use Bitcoins without risking to be attacked by our Pascazi friends (or other people).

More people using Bitcoin freely is of course good for our business. Some US lawyer registering the trademark in various countries with plans to profit from the registration and not by allowing more people to use Bitcoin is bad for our business.

We didn't register the trademark for the purpose of preventing others from using the word Bitcoin, but to protect ourselves and our customers from people who have this kind of mindset.

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May 18, 2012, 01:18:39 AM
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hey mr. karpeles please challenge me in court over this i'd love to show you how trademark law works
We registered the Bitcoin trademark to protect it and allow anyone to use Bitcoins without risking to be attacked by our Pascazi friends (or other people).

More people using Bitcoin freely is of course good for our business. Some US lawyer registering the trademark in various countries with plans to profit from the registration and not by allowing more people to use Bitcoin is bad for our business.

We didn't register the trademark for the purpose of preventing others from using the word Bitcoin, but to protect ourselves and our customers from people who have this kind of mindset.

The intention behind this is excellent.

I'd be happier if it was a separate legal entity that held the trademark though.  If for some terrible reason (simultaneous earthquakes destroying your BTC wallets?) Tibanne went into administration - wouldn't the administrators simply view it as an asset for sale in order to recover funds for creditors?

Similarly, if Tibanne changes ownership - the original intention may not hold.

Still.. you can't account for every possibility. For now, it's well placed in your hands I think.



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May 18, 2012, 03:03:10 AM
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The intention behind this is excellent.

I'd be happier if it was a separate legal entity that held the trademark though.  If for some terrible reason (simultaneous earthquakes destroying your BTC wallets?) Tibanne went into administration - wouldn't the administrators simply view it as an asset for sale in order to recover funds for creditors?

Similarly, if Tibanne changes ownership - the original intention may not hold.

Still.. you can't account for every possibility. For now, it's well placed in your hands I think.


This (change of ownership or bankruptcy) is a legitimate concern. Mark, what's the plan?  Also, thanks for all the hard and productive work.

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MagicalTux
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May 18, 2012, 03:12:33 AM
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This (change of ownership or bankruptcy) is a legitimate concern. Mark, what's the plan?  Also, thanks for all the hard and productive work.

We're working on various solutions for this. The problem is if the trademark is not held by a company which trade is actually bitcoin related, it'd make the trademark mostly void.

Change of ownership shouldn't be an issue, as there is no point in preventing people from using bitcoins as an exchange (except if attempting to kill our own userbase). Bankruptcy could  be more of an issue, however we are working on solving this problem too as we explore possible options with our legal counsels. As soon as we have found a definitive option, we'll announce it.

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May 18, 2012, 03:29:27 AM
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...
Change of ownership shouldn't be an issue, as there is no point in preventing people from using bitcoins as an exchange (except if attempting to kill our own userbase). Bankruptcy could  be more of an issue, however we are working on solving this problem too as we explore possible options with our legal counsels. As soon as we have found a definitive option, we'll announce it.

Good to know, thanks!

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