Why is MtGox trying to trademark "Bitcoin"?

14

Someone on the #mtgox IRC channel pointed me to this. It seems to be an application by Tibanne Co. Ltd. for the Trademark name BITCOIN.

I asked MagicalTux on #mtgox about it, but got no answer.

Why is he doing this?

molecular

Posted 2011-09-14T08:52:29.743

Reputation: 1 764

Answers

14

Some countries have a strict first-to-file rule. In these countries, if some malicious entity tried to trademark the term 'Bitcoin' it could cause problems for others trying to use it to talk about the currency. Tibanne is trying to protect the community from this kind of nonsense. Source.

David Schwartz

Posted 2011-09-14T08:52:29.743

Reputation: 46 931

oh yeah. And you believe that? Who says they don't leverage this trademark in the future. – None – 2013-03-30T11:27:57.890

4

This is confirmed by the statement they have since made - https://mtgox.com/press_release_20111014.html

– Meni Rosenfeld – 2011-10-18T20:57:12.300

Asked: 2011-09-14T08:52:29.743

Viewed: 1 549 times

Active: 2013-03-30T02:37:20.207