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.